Since When Is Dropping $1600 On A Purse An Investment?

Since When Is Dropping $1600 On A Purse An Investment?

How do you turn the purchase of a purse with a four-figure price tag into a sound financial decision in a recession? That’s the task luxury brand marketers and fashion magazines have right now, and their solution is to spin luxury purchases as an “investment.” But is it a good investment? Not really.