At some point we all encounter a luxury item and think, "There is absolutely no way this costs that much." And yet, people keep buying $30,000 handbags, $2000 sneakers, and watches that cost more than a down payment on a house. The questions we're asking today is whether or not luxury goods are actually worth their sky-high price tags, or are we just paying extra for a logo, a vibe, and the right to feel slightly superior to the have-nots. Watch along as we debate the finer things in life, unpacking why luxury items cost what they do, why people willingly swipe their cards anyway, and whether the splurge ever makes financial sense.

Show Highlights Include:

• Defining Luxury Goods (2:00)

• Looking At It From A Quality Perspective (6:00)

• Are You Really Getting Hand Crafted Goods? (10:00)

• Luxury Goods As Investments (15:00)

• Demand For Luxury Experiences On The Rise (21:30)

Listen Now!

To schedule your complimentary retirement track review, head to https://onecapital.com. You can also call us at 805-409-8150.

To supersize your Mindset experience and see our lovely faces and all the cool charts and graphs we use subscribe to our YouTube Channel here: Mindset with Brad Barrett

Luxury Goods: Are They Really Worth The Price?