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Nicole Lapin

πŸ‘€ Speaker
See mentions of this person in podcasts
6799 total appearances
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Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

So you're saying it will take you 30 months or two and a half years.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Yeah.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Okay.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Going back to what's become popularized is buying the actual bag.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

We saw Jane Birkin, like the muse of the Birkin itself.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Her bag sold for $10.1 million in auction.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Oh, you were in the room?

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Oh, 10.8%?

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Does a bag like that also experience the annual rate of return that you quoted?

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Wow.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

What a life you live, Donna.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

This sounds amazing.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

So is that the most expensive Birkin ever?

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Yes.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Yes.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

That's the biggest sale for any handbag ever.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

Okay, so for anyone who's thinking, like, I'm turning off this episode because there's no way that I can drop all this money on a Birkin, we're going to talk about how to invest in the Birkin without actually buying it itself.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

But I want to step back and talk about this Holy Trinity, the Hermes, the Chanel, because it's not just the Birkin or the Kelly, as you mentioned, that can yield a return that sometimes rivals the stock market.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

But hold on.

Money Rehab with Nicole Lapin
Are Birkins Better Investments Than the Stock Market? The Truth About Luxury Investing with Dana Auslander

If they raise their prices 90%, that would be an appreciation.