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Shoes surpass stocks as sound investments
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Posted on
Oct 07 2008 12:29 AM
by
adeal
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If the economic crisis has you cutting back on your fashion budget, take notice: spending on a pair of shoes may actually be a wiser investment than, well, investing. Here's the logic, according to The Business Sheet: gently-worn designer shoes can command up to 80 percent of their original retail price at a used clothing store or website. The author points out that a used pair of Jimmy Choos--original price $785--are now on sale at Portero.com for $485.
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