Investment Dressing

“I like my money right where I can see it…hanging in my closet.” – Carrie Bradshaw

As you know, I am refining my style.  I have taken stock of my wardrobe and cleared out things that are ill-fitting, worn out and just plain unwearable.  Gone are all of the clothing items that are now too big, too small, and some beloved pieces that are totally dead (RIP knit leggings full of holes!!).

I reassessed my style also.  I work in an office, I go out with my friends a lot for dinners and laughs at lounges, and usually have a few events each year that require formal dresses.  I have been thinking more and more of investing in a few quality pieces that I know I will have for life.  Back to the closet to figure out what I should pour my money into.

I noticed a few holes in my closet:  no tall black boots, not one suit, a shortage of formal dresses and no good black handbags large enough for my daily essentials (including the kitchen sink).  My black Longchamp bag is dead and too casual, and the others are all clutches.  I prioritized what I needed and determined that black boots and good black handbag and an urgent necessity – you know, like oxygen and water *side glance*.  The suit and formal dress acquisition could wait for now.

Now, let’s think about what constitutes an investment piece. An “investment” is defined by Oxford Dictionary as the action or process of investing money for profit or result.  There are a few clothing items that definitely increase in value over time…the first coming to mind is the revered Hermès Birkin bag.  For instance, in 2001, a classic Birkin 35cm in Togo leather cost US$4000.  They now retail for over $10,000!

While this particular accessory could be thought of as a financial investment, others simply provide a different type of return.  A classic black Ralph Lauren suit may not appreciate over time, but some may find its cost per wear ratio invaluable ($800 expenditure worn 80 times = $10 per wear).

My wishlist of investment pieces would include a great watch, more delicate 18K gold jewelry that can be worn with everything, a perfectly tailored white button down shirt, a Burberry trench coat, Malo cashmere sweaters in beige, grey and black, Manolo Blahnik nude pumps*, and a black, fine quality wool coat made.

Ballon bleu

Cartier 18K gold Ballon Bleu Watch

emma-watson-wearing-burberry-trench-coat

Emma Watson in Burberry’s classic trench

jcrew-white-collection-thomas-mason-for-jcrew-coveredplacket-shirt-product-1-12104521-536809935_large_flex

Thomas Mason for J. Crew sheer, white button-down shirt

While it pains me greatly to buy an accessory or article of clothing that costs more than a mortgage payment, if you wear it consistently for years, it could be very worth it.  For me, only a few things fall into this category – a Cartier Ballon Bleu watch, a Chanel medium flap bag and classic jewelry of any sort…like a strand of perfect white Mikimoto pearls.

What are some investment pieces on your wishlist?

*I specify Manolo Blahnik over Christian Louboutin because as much as I love Loubs, that red sole DOES NOT go with everything, ladies.

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5 Comments

  1. Vanessa
    February 6, 2015 / 10:47 pm

    A question for the ages… which heel height to choose for the black boot?

    • February 8, 2015 / 5:04 pm

      I would always go with flat, but my tall black boots with a 4-inch heel get a ton of wear…

      That being said, I’ve been hesitant to get tall, black boots with a flat heel because I sense that they are on their way out. Chelsea boots (flat ankle boots with a almond toe or pointy toe) are really in now.

  2. roseee
    February 11, 2015 / 3:09 am

    Dom love the piece but have to disagree on Flat boot. A knee high flat boot is classic if done right like a riding boot from #RalphLauren or half and half. They are essential pieces especially when walking in winter sidewalks of NYC. They are timeless and classic and can be worn anywhere with anything. You have to get the right pair to become a staple

    • February 11, 2015 / 5:04 am

      Trust me, roseee, living in Ottawa, Canada, knee-high black boots would indeed be a staple in the fall months. They would get absolutely destroyed here in the winter though. Currently, our snowbanks are five-feet high, and layers of ice cover everything. They just aren’t all that practical for us during this time of year. That and I truly believe that the Chelsea boot is taking over. They are just fresher and more modern right now. Looking forward to kicking around in a pair as soon as all of this snow melts!!

  3. February 16, 2015 / 11:46 am

    Hi, Love your blog! In response to the Classic Handbags investment piece, if you’re looking to sell some of your Designer Handbags (must be authentic) checkout REBAGG.com we can give you an accurate quote on the spot. Or if you’re looking to purchase that classic investment piece (Preowned) Authentic handbag checkout Trendlee.com for all beautiful authentic designer handbags. Let me know, I would be happy to share my referral code with you.

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