I am planning on living a long and fashionable life and am thinking somewhere around 90 years of age would be a good innings. My grandmother Gwen (on my birth mother’s side) celebrated her 96th birthday this year so there is a good chance that I should make it to 90 as long as I don’t pick up too many bad habits between now and then.
So the investment shopping I have done to date is looking to have a long and lustrous life ahead of itself.
I thought I would do a quick analysis on a few of my investment pieces and have undertaken a cost per wear exercise, which I recommend all discerning shoppers do. This will help reaffirm it is ok to pay for quality as it will last a life-time.
Black Dress bought from Zambesi in 2005 for $795 – worn once every 2 years until turn 60 = $39.75 per wear. After that time, I may not be able to fit it anymore!!!
Black GST Shopping Tote from Chanel bought 2010 for $3000 – use every summer for 90 days each year until turn 65 = $2.36 per outing and then have to donate to my friend Lian.
Patent Black Travel Wallet from Chanel bought 2012 for $1345 – use every time I go travelling overseas until turn 65 (approximately 30 days per year) = $2.24 per day.
Fushia Pink High-Heels from Manolo Blahnik bought 2008 for $675 – worn 4 times until turn 50 then 10 times each year until age 70 = $28.12
Platinum Ring with Diamonds from Tiffany bought 2006 for $1250 – worn 365 days a year for last 7 years and will wear every day until turn age 55 = 0.244 cents per day
I have a number of investment pieces, which I am pleased to say will be sharing my life with me for many years to come. I am already dreaming about my next investment piece – a Chanel Jacket. I reckon if I start saving now, I can buy one when I turn 60 and will wear every other day until I turn 90. By then I will wishfully be remembering the days when I could still fit into a size 10 black dress and prance around in a 5 inch (10 cm or so) high heel.
I will be stylish and elegant in my old age.