Report Says Handbags are Best Investment in 2023. What Does that Really Mean?

But let’s look at what that really means. For starters, we are talking about “collectible investments”. Handbags are not being compared to financial investments like stocks, bonds, real estate etc. No one is suggesting to literally keep your money in your purses. Collectibles are a specific category generally limited to the wealthy (although sneaker heads may disagree to the extent kicks are included). Also referred to as “passion assets” these are a category of alternative investments, and include things like fine wines, luxury cars, jewelry, rare stamps and the like. No doubt handbags fit here.