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VUE | Spring 2021

The Digest | New Jersey Magazine

Issue link: https://magazines.vuenj.com/i/1347392

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You read it here: that luxury handbag, the one that has been sitting in your closet gifted years ago, holds crucial value that could level up your wealth. It may hold a significant amount of purchasing power for further investment, the launching of your dream company, or a quick financial fix. By leveraging that bag, like many other luxury items, there could be a clear path to achieving your financial goals. Rather than challenging the risk of traditional loans or other avenues of investing, leveraging luxury items reimagines the world of wealth building for the new generation of the market: Millennials. What do a 1991 Hermès Kelly handbag and the stock market have in common? BY KARLO STA . CRUZ V U E N J .C O M 172

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