As I’ve gotten older, I’ve started to appreciate more expensive versions of things are sometimes because they really are worth it. But then, sometimes, I’m surprised to discover the markup is purely for appearances and it’s better to bargain hunt.
I’m always curious to learn what things people invest in, and what they get cheap.
So what’s the thing you personally own that’s a great investment (and it can’t be anything in your stock portfolio or real estate, I’m talking consumer purchases, though it can be a medical purchase). And what’s something you spent $$$ on and found it wasn’t worth it?
I’ll go first:
My best investment has been in my nice bicycle, which is fully custom but no longer gives me any pain riding long distances, which was an issue riding an ill-fitted bicycle before (because I’m so petite and because I have RA so I have to ride upright).
Probably the thing I’m most surprised isn’t worth the high price is quality rain gear for biking. It’s all still plastic, and most of it still sucks after 20 miles in the rain. The unbreathable $5 rain cape from China keeps me drier and lasts about as long the fancy $200 breathable rain jacket from a local company. Plus the former comes in polka dots.
Things I no longer buy at the cheapest place possible: skincare, shoes.
Things that aren’t worth high markups to me: tights, bags, earrings (because I lose them), thermoses/water bottles (because I lose them), the very newest smartphone.