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Vida's Poetry

Tuesday, September 20, 2005

©Treat Your Wardrobe Like Your 401(k)

I totally support this investment philosophy when comes to buying things for your wardrobe. This phrase is from a recent article on InStyle Magazine. I'd like to share some thoughts about a few of the fashion ideas discussed in the article.

If you look up "wardrobe" on WordNet there are three definitions:

  1. wardrobe -- closet, press (a tall piece of furniture that provides storage space for clothes; has a door and rails or hooks for hanging clothes)
  2. wardrobe -- (collection of clothing belonging to one person)
  3. wardrobe -- (collection of costumes belonging to a theatrical company)

Clearly, we are talking about a collection of clothing you may want to purchase for yourself or a place to put such clothing in. We all need to get smart about how we spend our dollars. Long ago, Coco Chanel, a woman who knew fashion like a supermodel had some good advice: "All one needs are two or three suites, as long as they, and everything to go with them, are perfect." In theory she's right. In these days of endless options, you can have roomfuls of stuff and nada to wear. What's important is having an assured sense of your own style and a strategy.

"Treat your wardrobe like your 401k"; simply means, put your dough in things that continue to deliver long after you've bought them. "Plan your long term wardrobe, especially if your budget is limited," says designer Roland Mouret. "Only buy pieces that you can't live without, and don't be tempted to spend a lot on disposable trends."

Investing wisely in clothes you'll wear forever means understanding the difference between everyday basics you can't live without and those singular pieces that you fall in love with at first sight and keep for years. Basics are all about fit and functionality. A wardrobe full of basics is a wardrobe without a soul. Find items that are special, unexpected and unique to you. In other words, find your own style.

If you have a clear understanding of your figure strengths, your lifestyle and what makes your heart beat faster, you'll be able to invest wisely in your wardrobe. The InStyle Magazine has put together a list of questions to ask yourself in order to get a clearer understanding of your wardrobe needs. We'll share the list with you in our next issue of "Tips & Tricks". Or, you can go to visit InStyle.com and get the list there. We strongly recommend that you read through the list if you can.

March 2007

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Book List - currently reading

  • Richard Nisbett: The Geography of Thought
    "More than a billion people in the world today claim intellectual inheritance from ancient Greece..."

Book List - finished (1/1/06-2/9/07)

  • Peter G. de. Krassel: Custom Maid Spin for New World Disorder
    Since Hong Kong’s reversion to Chinese rule on July 1, 1997, it has developed the potential to become a model society for America to emulate. It blends the best of Anglo-American and Sino-Latino cultures which already are the cornerstones and foundations of today’s Easter and Western civilizations.
  • AnnaLee Saxenian: : The New Argonauts
    The New Argonauts shows how engineers who came to Silicon Valley from China, India, Taiwan, and Israel are going back, seeding those countries.
  • Tim Clissold: Mr. China

    Tim Clissold: Mr. China

  • Juan Antonio Fernandez, Laurie Underwood: China CEO

    Juan Antonio Fernandez, Laurie Underwood: China CEO
    Voices of Experience from 20 International Business Leaders

  • : The World is Flat

    The World is Flat

  • Malcolm Gladwell: Blink

    Malcolm Gladwell: Blink
    (****)

  • Malcolm Gladwell: The Tipping Point

    Malcolm Gladwell: The Tipping Point
    a facinating book that makes you see the world in a different way. - Fortune (*****)