For those who don’t want to while away their time staring at the stock markets fluctuating, hoping that their shares are going to shoot up in value, there are other ways to invest in things that increase in value over time.
Those of you who have a soft spot for fashion will be glad to hear that some pieces are worth investing in now if you want to sell them for more later down the line.
So, without further ado, here are some of the most coveted items in the fashion world that are only going to get more desirable as time goes on.
1. Birkin handbags
Anyone who follows Cardi B on Instagram will be familiar with her eye-popping collection of Birkin bags. Indeed, it looks like she has over 20, which is a pretty big deal considering how rare and expensive they are!
Birkin bags are the ultimate fashion statement. They have almost evolved into status symbols seeing as anyone who knows a thing about these bags will know how hard it is to get your hands on one. And did we mention that they’re expensive? The smallest style amounts to over £8,000!
The great thing about Birkins is that they only get more valuable over time, and most of them can be sold for twice as much as the amount they were bought brand new.
2. Rolex watches
Another symbol of wealth and sartorial standing, the Rolex is still at the top of the watch game, thanks to its water-resistant features, craftmanship and downright quality.
You can expect to pay around £6,000 for a basic Rolex Submariner and their value increases from there, depending on the materials used and any damage caused. Watches also make a great heirloom, so they can be passed down the family whilst accruing value at the same time.
3. Gucci loafers
As one of the most iconic designs from the celebrated fashion house, these loafers are well worth the investment. Constantly reworked to fit current trends, you can buy a more embellished version or simply go with the black originals. The original still remains Gucci’s most popular style and retails at around £600.
If, however, you manage to get your hands on a vintage variety or a style that’s discontinued, you can expect to make upwards of £1,000.
4. Cartier love bracelets
Starting at more than £3,500, Cartier’s most beloved design still holds a special place in jewellery-lovers’ hearts today. Adorned with diamonds and paved with gold and silver, the love bracelets have inherent value that only increases due to the reputation of the jewellery company.
It’s also very unlikely that you’ll damage it too much as they are built to withstand most accidents, so most owners can expect to sell their used bracelets for over £4,000.
