The Return on Investment (ROI) of Clothing - Topic of the day 7/20/24

The return of investment (ROI) can be a measure to determine how valuable an investment is. How important is ROI to you in deciding what to buy, keep or wear (or sell if inclined)? How do you personally measure this? Are there any items that you use or own despite having a low ROI? To what extent is this useful? (note that this is a fashion discord and you're assuming the risks of taking any posts as personal financial advice
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61 Replies
Soup
Soupā€¢6mo ago
Doesn't factor in whatsoever, I buy things because I like them and I'm happy to pay what they cost. There is zero thought as to resell value
ClassClown
ClassClownā€¢6mo ago
I just convince myself that "I'll wear this forever like every day" and justify every purchase that sits in my closet to be worn twice a year at home
seth
sethā€¢6mo ago
my life is so much better now that i dont buy with that in mind
artvandelayimporting
The only return on investment I consider is looking cool If I invest in clothes I expect the return to be me looking cool
stevie
stevieā€¢6mo ago
this is such a lame way to look at any hobby and tells me you don't actually care about the hobby that much when it's all about the investment @ the original question
seth
sethā€¢6mo ago
this totd is just taking shots at sneaker heads lol
stevie
stevieā€¢6mo ago
they deserve it im a former sneakerhead i can say this
zeometer
zeometerā€¢6mo ago
amongst other people
rej
rejā€¢6mo ago
ROI on clothes are the šŸ”„ reacts from the fellas that live in my phone
artvandelayimporting
Thatā€™s how you know I didnā€™t write this one šŸ˜Ž
seth
sethā€¢6mo ago
nuh uh
kyn
kynā€¢6mo ago
Iā€™ve started to think that for bigger ticket purchases I should focus on designers that have better resell value, but beyond that if I like it and I wear it at all then itā€™s ā€œworth itā€. If I donā€™t wear it it must be yeeted.
zeometer
zeometerā€¢6mo ago
looking at clothes from a purely financial perspective (bonus points for invoking cost per wear) is a limiting view especially since you're spending time sorting this out
kyn
kynā€¢6mo ago
purely sure, but if youā€™re trying to slim down your wardrobe cost per wear can be a helpful metric if thatā€™s something you choose to value
seth
sethā€¢6mo ago
of course kyn says that excel nerd get a job !!
adaptation
adaptationā€¢6mo ago
My roi is that my clothes are my emergency food
seth
sethā€¢6mo ago
pivot table to a better point
zeometer
zeometerā€¢6mo ago
i agree to the extent of comparing similar items to each other; i think the primary determinant should still be personal preference
kyn
kynā€¢6mo ago
Pivot table these nuts Seth
seth
sethā€¢6mo ago
not funny
kyn
kynā€¢6mo ago
arenā€™t u at the office rn
seth
sethā€¢6mo ago
i have horrible news it's saturday
kyn
kynā€¢6mo ago
LOL In my defense, I havenā€™t known what day of the week it was for nearly 2 weeks
zeometer
zeometerā€¢6mo ago
this is also a common thing brought up by #menswear
kyn
kynā€¢6mo ago
Anyway if clothes look good and make you feel good theyā€™re worth it and they look like shit or make you feel like shit they arenā€™t unless they bring you financial ruin but even then This is not financial advice etc
ClassClown
ClassClownā€¢6mo ago
In all seriousness, the only time I think about it is if I'm taking a chance on something fitting weird and it's non returnable. I might give it a shot if I think I can resell and at least break even
seth
sethā€¢6mo ago
zeo i agreed why delete
zeometer
zeometerā€¢6mo ago
hit delete by mistake šŸ˜­ but in any case i find this coalesces with people wanting to "level up their style", trying to turn explorations about taste and their lifestyle and quality ("quality") into algorithmic exercises especially if it's changing for the sake of finding a romantic partner or friends; the cost of potential authenticity is higher than whatever is spent on clothing imo
jfarrell468
jfarrell468ā€¢6mo ago
Buying a bunch of stuff cheaply on eBay has had a great ROI for me, because I've gotten to have fun and experiment and try a lot of different combinations. I've gotten skeptical of spending serious dough on a piece of clothing. It's not clear the ROI is worth it, for many reasons, which maybe I'll try to outline later today
zeometer
zeometerā€¢6mo ago
while i do agree that spending large amounts of clothing is not always needed, sometimes what you want has a certain cost that you can't really avoid *without trading money saved for something else (time looking or waiting for it to be less expensive, less function in a substitute, etc)
carrion
carrionā€¢6mo ago
I alr gotta deal with ROI at work why tf would I worry about it in any of my hobbies id sooner die
lyon
lyonā€¢6mo ago
the only investment iā€™m making is money into happiness if i have to pay big bucks to wear something that makes me happy i will
zeometer
zeometerā€¢6mo ago
quality of life is it for me, and while that includes happiness and personal fulfillment it also includes boring stuff like staying dry or warm or reasonably comfortable it's not worth cheaping out on stuff at the expense of your health
sam
samā€¢6mo ago
i think i want to start spending more money on things, but less often i'm at the point where i have a decent amount of designer stuff i got for way cheaper than i should have, but are kinda meh
peanut gregorio
peanut gregorioā€¢6mo ago
all of my hobbies are expensive for the sake of my mental health i can't afford to think about it at least clothing lasts/is something i can use regularly, all the wine i buy ends up going into the cellar never to be touched again
kyn
kynā€¢6mo ago
damn thatā€™s crazy u have a cellar??? I have a cask of some shit u never heard of Iā€™d like to sell u itā€™s just through this hole in the wall of my catacombs
peanut gregorio
peanut gregorioā€¢6mo ago
i do need some amontillado more accurately it's a bunch of boxes in a storage unit with a dehumidifier
eggtart!
eggtart!ā€¢6mo ago
I think certain garments definitely feel more worth it but I think feelings in fashion are so subjective that it lacks any objective weight (in roi)
Yakkeks
Yakkeksā€¢6mo ago
If i really want a piece of clothing idgaf about roi. But there are also those items that you are not sure about. With those i tend to think about resale value before i decide whether i want to risk it.
Spuck
Spuckā€¢6mo ago
looking at clothes from a pure financial perspective turns you into one of those watch guys who obsess about Rolex resale prices, and they are the worst fucking people okay maybe sneaker resellers idk if Im not sure about it, these days I tend to just not buy it
sam
samā€¢6mo ago
i've had some discourse in ehf about this but i'm not against doing napkin math to calculate cost per wear because it's simply cool to think about which of my thrifted stuff (or even designer that i've had for a while) has become enough of a closet staple that they're approaching like 10 cents a wear it's similar to the joy i receive when i clock the most number of steam hours in my whole library on a $5 game but for what it's worth, thinking about future resale values led to some great purchases but also a bunch of regrettable ones
Flopster
Flopsterā€¢6mo ago
How much money per day would you pay to look cool? Is it more than you pay (per day on average) for clothes?
zeometer
zeometerā€¢6mo ago
i look cool naked so $0 (this is determined by my partner and doctor) that said i am not a naturist so i buy cool clothes out of function and to spark joy so i'm at peace with their cost, however it's measured
eggtart!
eggtart!ā€¢6mo ago
money per day sounds impossible to think abt but i mean my average garment is like less than 100 which is honestly decent bc fashion is such a high visibility thing and i feel like i get a lot out of it, including just engaging w/ fashion content or talking abt it
Smiles
Smilesā€¢6mo ago
dumb way to think about it cause $0 but at the same time all the money
ClassClown
ClassClownā€¢6mo ago
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Smiles
Smilesā€¢6mo ago
i spend money on this cause i am fortunate enough to be able to and I enjoy it simple as
carrion
carrionā€¢6mo ago
also dumb cuz anything u put on will look fuckin stupid to someone
Smiles
Smilesā€¢6mo ago
true plus i don't enjoy thrifting or hunting for clothes in general i don't enjoy that process much so if i can buy something i want im gonna most of the time. I sell clothes I don't wear in large part to simply finance buying new clothes lol and to keep my closet from growing too large
zeometer
zeometerā€¢6mo ago
the costs are more visible but i'd wager this is still a less expnsive hobby than some
eggtart!
eggtart!ā€¢6mo ago
when i get a full time job it's jover im going for fit battles
zeometer
zeometerā€¢6mo ago
like...warhammer?! come on now
eggtart!
eggtart!ā€¢6mo ago
LMAFOO
zeometer
zeometerā€¢6mo ago
most of my stuff from fit battle was thrifted or ebay finds considering you proxy that's already a leg up
eggtart!
eggtart!ā€¢6mo ago
feel like i have a lot of pieces that would make a lot of sense but i havent gotten around to but also victim of spreading myself too thin rn
zeometer
zeometerā€¢6mo ago
this tbh
Please Go Away
Please Go Awayā€¢6mo ago
My Return on Investment is that everyone knows I'm wearing fuckin Gucci
eggtart!
eggtart!ā€¢6mo ago
like i just got my first sweatshirt from proxying which is mildly unbelievable i've always been an athleisure girlie even pre reddit
zeometer
zeometerā€¢6mo ago
one caveat maybe specific to mfad/online fashion spaces - during fit battle i attempted to not buy new/new to me things solely for the purpose of the contest and while i was largely successful, there were a few random things that i've actively been trying to rewear lately less for financial reasons and more out of principle, to not be That Person that does a complete 180 for the purpose of validation
zeometer
zeometerā€¢6mo ago
it's led to some interesting variations in my personal style so i guess that's been a positive return as well
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