Bags and property

[chloechen]

I love bags.
I believe most ladies do too.
A bag can compliment and adorn a person.
It can also reflect the person's character and financial status.

This is similar with property.
Ladies as well as gentlemen , most will love nice property.
The house you stay in generally also reflects your state of mind and financial well being.

A common perception that many people often have about luxury handbags is that they are simply frivolous purchases made by the rich and famous.

Luxurious designer handbags are no longer just a statement fashion accessory, a senseless arm candy, or simply the preserve of the wealthy; in fact, a good choice of bag can lead to excellent returns in the long run eg Hermès Birkin bag.


However, that said, most bags will depreciate in value.
Some bags are nice to look at, but not very practical.
They are heavy even without putting anything in them, and maybe difficult to open and close without hassle.

These bags are akin to condos with beautiful exterior architecture, and those with huge balconies...nice to look at but, not practical. Of course there are some people who will like them, but on the whole, due to our hot weather, most would prefer indoors and livable space.

There are bags that are practical and nice to use, but may not be considered luxurious.
They are akin to HDB flats.
Neat and livable, but to some folks, not good enough , as they feel it is not a status symbol.

There are bags for rental too.
They are for people who don't want to spend so much, but want a variety for different occasion.
Or mabbe they don't have space in the house to store the bags?
Of course, there are people who really can't afford but wanna show off, so they rent the bag.
The money spent on these bags cannot be recouped.
I tend to think that folks who rent long term, to wait for a property crash, are similar to folks who rent bags.

But it is good for the bag rental company.
Similar to the landlords who need these people.

Of course there are people who rent cos they cannot afford to buy a home.
These people really need the help of HDB, and I won't compare them to people who rent bags.

I love my Louis Vuitton Neverfull GM bag the most.
It is a relatively reasonable priced bag.
It is large and functional and easy to use, and it is very lasting.
Its design is evergreen.
However compared to luxury bags, it is probably at the bottom echelon.

It is like a 99 year LH OCR condo, near MRT station- reasonably priced, not that attractive to look at, but user friendly.
It can be sold to the 2nd hand bag dealer for a reasonable amount.
It is a bag that bag upgraders will start with when they want a luxury bag.

[minority]

I love woman.
I believe most men do too.
A Woman can compliment and adorn a Man.
It can also reflect the Man's character and financial status.

[chloechen]

I love woman.
I believe most men do too.
A Woman can compliment and adorn a Man.
It can also reflect the Man's character and financial status.

Hi bro minority, I agree with you that a woman can compliment and adorn a man.
This is very important if the man is someone important eg a statesman, or a company CEO.
We are not all born good looking, but I believe the wives of such important men have a duty to look well groomed and dress neatly. They don't have to be beautiful or extravagant, but they have the responsibility to look presentable and dignified.

[Ringo33]

Hi bro minority, I agree with you that a woman can compliment and adorn a man.
This is very important if the man is someone important eg a statesman, or a company CEO.
We are not all born good looking, but I believe the wives of such important men have a duty to look well groomed and dress neatly. They don't have to be beautiful or extravagant, but they have the responsibility to look presentable and dignified.

Your 3rd post and you starting to address others as "brother".

Do you do that to strangers all the time?

[chloechen]

Your 3rd post and you starting to address others as "brother".

Do you do that to strangers all the time?

Hi bro Ringo (since ur profile states u r male), yes I address people based on their profile statement.
Minority said he likes women, so I assume he is male and his profile also states that he is male.

You both are not strangers to me on this forum.
I have been reading ur posts regularly before deciding to register and post.

Cheers to all brothers and sisters on this forum.

I hope to contribute constructively to this forum.

[tradert]

Some men like watches, but somehow more women are into bags than men into watches.

Property is very expensive, so not many can afford to own more than 2...

[relax88]

and there are some bro that love to pretend to be sister when they post

[chloechen]

and there are some bro that love to pretend to be sister when they post

As long as he has constructive posts, whether bro or sis, it doesn't matter.

Some people carry fake bags.
It hurts the bag industry, but on the otherhand, if you look at it from another point of view, it is an advertistment for the bag company.

Also, sometimes, people may buy a fake bag to try it out first.
If they like the design, they may proceed to buy the real one.

[chloechen]

Fine leather bags, a product of careful craftsmanship, deserves to be well taken care of.

Likewise a home, which most of us, pay with our life savings, or take loan for the majority of our working lives, needs to be well maintained for our comfort, as well as to ensure that it will be attractive to command a good price should we decide to sell later.

There are different types of leather :
and for comparison purposes, I will compare them with the different types of housing


1. Faux leather

Artificial leather
This is comparable to rental houses, as the occupant is not the owner but appears to be the owner.
(again , I must emphasize that I am not referring to the needy folks who have no option but to rent from HDB)

2. Patent leather

Leather which is glossy and shiny.
This is HDB- cheaper form of leather, but looks good and is resilient.

3. Patch leather

This refers to a product which is made up of small pieces of leather combined together.
It can be a mixture of normal grade leather and high grade leather.
Some of the leather used in patch can be of very high quality, but it will not command the same price.

This is EC.
You have both worlds- CPF grants are available(similar to HDB) , as well as condo facilities.
However, it will not command the same price as condos.

4. Cowhide leather

This comes from the skin of cow, as the name implies and is durable.
This type of leather has different grades, so it is comparable to condos- OCR, RCR and RCR.

5. Lambskin leather

This leather comes from lambskin. Lamb has much less skin than cow, hence scarcity results in the price being higher. This leather is much more delicate and is easily scratched, hence higher maintenance, but have a soft and luxurious feel.
Hence this is comparable to landed houses.

[chestnut]

U left out ostrich, snake, alligator????

[chloechen]

U left out ostrich, snake, alligator????

Hi bro chestnut, yes, I forgot about them as they are very exotic and super expensive (beyond my radar).

Since you brought them up, I would say they are comparable to GCB.

[azeoprop]

Pack light, bag ladies...

http://youtu.be/OqN0jsSeqPo

[Arcachon]

Long long time ago, there was a old lady who love bags. She would travel all over the world and buy bags. One day the old lady drop died among her beloved bags. Guess what happen to all her collection of bags?

[chloechen]

Long long time ago, there was a old lady who love bags. She would travel all over the world and buy bags. One day the old lady drop died among her beloved bags. Guess what happen to all her collection of bags?

It is always prudent to write a will when one is alive and mentally able to.

[Violinbite]

U left out ostrich, snake, alligator????

Haha...Lol. And also elephant and rhino skins... very uncommon but not expensive.. - Tree houses, caravans, and attap houses..lol

[august]

Hi bro minority, I agree with you that a woman can compliment and adorn a man.
This is very important if the man is someone important eg a statesman, or a company CEO.
We are not all born good looking, but I believe the wives of such important men have a duty to look well groomed and dress neatly. They don't have to be beautiful or extravagant, but they have the responsibility to look presentable and dignified.

i recall a saying, "there is no ugly women, only lazy women".

[hopeful]

.....
Luxurious designer handbags are no longer just a statement fashion accessory, a senseless arm candy, or simply the preserve of the wealthy; in fact, a good choice of bag can lead to excellent returns in the long run eg Hermès Birkin bag.
....

what excellent returns & timeframe are we talking about here?
besides hermes birkin, any other bags that are of investment quality?

[chloechen]

what excellent returns & timeframe are we talking about here?
besides hermes birkin, any other bags that are of investment quality?

http://www.propertyguru.com.sg/lifes...-designer-bags

I am surprised propertyguru talks about bags too!

[Lowi]

Lol I love watches... Something subtle and not in your face kind. No bling bling sort

[Ringo33]

Lol I love watches... Something subtle and not in your face kind. No bling bling sort

no offense, but I think watches are the most pointless and ripoff piece of device to own. Why wear watch when you have a smart phone? And why make time keeping so complicated and fragile?

[Lowi]

no offense, but I think watches are the most pointless and ripoff piece of device to own. Why wear watch when you have a smart phone? And why make time keeping so complicated and fragile?

Lol why drive when you can take public transport public transport are sometimes faster? Alot of things in life are wants but not needs...

[chloechen]

no offense, but I think watches are the most pointless and ripoff piece of device to own. Why wear watch when you have a smart phone? And why make time keeping so complicated and fragile?

Yes, that's the thinking of the younger generation.

But bags and property are perennial.
Young and old all like to have them.

[Lowi]

Yes, that's the thinking of the younger generation.

But bags and property are perennial.
Young and old all like to have them.

Lol I must be getting old

[hopeful]

http://www.propertyguru.com.sg/lifes...-designer-bags

I am surprised propertyguru talks about bags too!

thank you, can i take bank loan to get a birkin bag and a chanel bag?

from the article
"On average, Chanel increases its prices from 8-12 percent per annum, which simply means that a Chanel 2.55 that you buy today could potentially increase in value by over 30 percent in just a short time frame of three to four years - depending on how well you maintain and care for the bag. "
i dont intend to use the bag so it should be in pristine condition.

so jamie cuaca is an astute investor.

[Arcachon]

thank you, can i take bank loan to get a birkin bag and a chanel bag?

from the article
"On average, Chanel increases its prices from 8-12 percent per annum, which simply means that a Chanel 2.55 that you buy today could potentially increase in value by over 30 percent in just a short time frame of three to four years - depending on how well you maintain and care for the bag. "
i dont intend to use the bag so it should be in pristine condition.

so jamie cuaca is an astute investor.

[Violinbite]

no offense, but I think watches are the most pointless and ripoff piece of device to own. Why wear watch when you have a smart phone? And why make time keeping so complicated and fragile?

Anything entering into an artwork or collectible is always a ripoff in value so to speak. A Stradivari violin in millions of dollars is just pieces of wood. A Van Gogh art is just oil piants. Watches are artwork of fine craftsmen of intricate work and precision is beyond just telling time. If so to speak on utility value, then 4 pieces of motorcycles far outstripped the cost of owning a Merc car, all run according to speed limit set by LTA.

[PropertyHound]

Hi bro chestnut, yes, I forgot about them as they are very exotic and super expensive (beyond my radar).

Since you brought them up, I would say they are comparable to GCB.

I tnhink mink is more exotic than alligator, ostrich and snake.

[chloechen]

thank you, can i take bank loan to get a birkin bag and a chanel bag?

from the article
"On average, Chanel increases its prices from 8-12 percent per annum, which simply means that a Chanel 2.55 that you buy today could potentially increase in value by over 30 percent in just a short time frame of three to four years - depending on how well you maintain and care for the bag. "
i dont intend to use the bag so it should be in pristine condition.

so jamie cuaca is an astute investor.

The article only mentioned Ms Sulian Tan-Wijaya.
Did it mention Jamie?
Jamie is no longer Cuaca...she is divorced..so now she is Jamie Chua.

I guess you should be able to get a personal loan to buy the luxury bag.
Never heard banks offering bag loan.
Lol, but since it can be lucrative, then perhaps you can ask them to consider?

[hopeful]

The article only mentioned Ms Sulian Tan-Wijaya.
Did it mention Jamie?
Jamie is no longer Cuaca...she is divorced..so now she is Jamie Chua.

I guess you should be able to get a personal loan to buy the luxury bag.
Never heard banks offering bag loan.
Lol, but since it can be lucrative, then perhaps you can ask them to consider?

i plan to pay for 2 chanel bags in Taka. however i dont intend to collect them. i leave them at the store. 4 years down the road, i tell the staff at chanel to release my inventory at the current price. so earning me 30% profit in 4 years.

is this plan feasible?

[chloechen]

i plan to pay for 2 chanel bags in Taka. however i dont intend to collect them. i leave them at the store. 4 years down the road, i tell the staff at chanel to release my inventory at the current price. so earning me 30% profit in 4 years.

is this plan feasible?

Once you have bought them, they are your responsibility.
You have to ensure they don't degenerate and turn mouldy, and that they are not destroyed by fire or get stolen.

I don't think the store will ensure that all these condition are met, unless you discuss with them and work out a deal.
I have never done that before.

Since you are intending to buy them, why not bring them home and let your wife or daughter admire and appreciate it?