Episode 83: Stacks on Stocks and Chanel

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Stacks and the City

Business


Ya’ll- I made a declaration.  I want the Chanel Classic Flap. I want it ya’ll. However, the continued price increase on an already extremely pricey bag continues to make it really hard for a natural saver like me to make the splurge.  Nonetheless, I continue to read that this beautiful precious bag is not only pricey, but a really great investment. The bag has an excellent resale value.  Who knew? In today’s episode, we’re talking all about how Chanel and the S&P 500 on the stock market have more in common than what meets the eye. In this episode you will find:   ✅ The man who gets money from our luxury purchases ✅ Why Chanel bags stay sky high ✅ Why I say buy that bag (but of course I’m biased)!   As always be sure to rate, comment, and share the episode.  I can’t wait to hear from you all!   Resources Cited:   https://www.forbes.com/companies/chanel/#224516d51ca2 https://baghunter.com/blogs/insights/chanel-flap-bag-price-styles-sizes#:~:text=First%20of%20all%2C%20the%20Classic,mademoiselle%20metal%20chain%20and%20closure. https://www.google.com/search?q=chanel+classic+flap+price+history&sxsrf=ALeKk00xzwZfjbwKuZsGGB2C7wNSO_ammw:1600055948067&tbm=isch&source=iu&ictx=1&fir=m2_U4nNPK_EWMM%252CCg03Kvig0L0UOM%252C_&vet=1&usg=AI4_-kQp7CTDPm3CnmC7Lh9VAdONnS9Y2Q&sa=X&ved=2ahUKEwjR1Z7z4OfrAhWnlXIEHX-MAYMQ9QF6BAgKEB4&biw=1440&bih=669 https://www.wealthsimple.com/en-us/learn/average-stock-market-return#stock_market_return_historically   Music: bensound.com Follow Me: @stacksnthecity