On buying investment pieces

There are a few pieces of clothing that I arguably “need” for my wardrobe. I’ve heard about “investing” in certain items of clothing – the idea being that you spend more on certain items that will never go out of style and to ensure quality. And while I agree with the sentiment, I’m torn because:

  1.  I don’t believe cost to be a reliable indicator of quality;
  2. It’s hard for me to decide if “this is the one” item of clothing I’m going to want to pay handsomely for and wear for the next 10 years;
  3. I don’t own any clothing that cost more than $150 (the most expensive items are coats), and it’s surprisingly difficult for me to pull the trigger on things more expensive than that.

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