Birkins as an Investment
Many women joke and say that a Birkin bag is an "investment purchase." But a new study suggests that purchasing the famously expensive handbag could actually be a smart move.
Racked has cited a study from Baghunter that states that over the past 35 years, Hermes Birkin bags have increased in value over 500%. Baghunter says that the handbag increases in value on average 14.2% every year.
Baghunter says that Birkin bags have never decreased in value over the years — whereas gold and the S&P 500 have. The study flatout says it's a "historically safer investment than a stock market."