Does Buying Luxury Brand Products Enslave you to Them?

 

Does Buying Luxury Brand Products make you a Slave to them?
Do not Over Pay for Brands

 

Hey what’s going on my great readers. Today we will analyze something people will most likely give you a cross eyed stare if you bring up this topic. It is something many are too scared to bring up due to peer pressure. But I am up for the challenge, because I feel this topic is right up my alley with owning this PF blog. Let’s contemplate the title a bit and see why certain people want to be enslaved to luxury brands. Does Buying Luxury Brand Products Enslave you to Them? I truly believe so because the mark up is so ridiculous for no apparent reason except that it has the name or logo on the product.

Even Kanye West once said it in a song called New Slaves on the Yeezus album. He is the king of contradiction with his music / message and then does the opposite when it comes to selling his own line of products. He says people buy all the same thing, but its all peachy if they buy his $200 dollar sweater with holes in them. He gets on people for buying competing luxury brands, and his clothing pieces are extremely high in price just like the luxury brands.

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Companies that might go bankrupt in 2014

 

Companies that might go bankrupt in 2014
Volvo is no longer that boxy monstrosity from the 80’s.

These are the companies that might go bankrupt in 2014, the reason they are predicted to go under is due to tough competition from other companies. Why discuss the companies that are listed below? Because many people might want to invest in them, without knowing the truth behind the company’s numbers. The stock might be appealing to some due to the low price, but would you really want to put money into a sinking ship? (No) What really caused these companies to begin spiraling out of control and to ultimately be very close to bankruptcy? From my point of view, I would have to say that one of the reasons is these companies did not change enough under the current market space. Staying stagnant or comfortable is a sure fire way to bury yourself in any business environment.

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Brands that I Love V

schwinn

Hey it’s that time again to talk about the brands that I love in the world. HA I crack myself up, but hey if you don’t take life litely than what’s the point. These brands represent in my opinion great brands we all must own or support. Let’s give props to these companies as they make some excellent products for all of us to enjoy. The range of products consists of clothing to bicycles to some great sounding home theater speakers. What can you say about the old man in the product bunch, Schwinn, as they have been in business for decades way before any of these other brands even existed.

Best Brands that I Love V:

  • ·         Buffalo Clothing
  • ·         Toastmaster’s
  • ·         Schwinn Bicycles (Est. 1895)
  • ·         Terra (Veggie Snacks)
  • ·         Bose Home Speakers
  • ·         Hamilton Watches (Great American Watch Co.)
  • ·         Google (GMAIL & Android)
  • ·         Woot! Website (Amazon Owned)

 

One thing I must admit to my readers is that Bose radios do not work well with CD’s or DVD’s that are reproduced copies. This is the only bad experience I have had with any of these products. Besides the one negative by Bose, the home speakers work flawlessly with superb sound quality. I hear things I never heard before when watching a movie that I had seen previously.

The Woot Website is a great website that has offers galore. The products they sell are always discounted by at least 20% or more when compared to retail prices. Recently they expanded to offer a variety of sister sites like Woot Sport or Woot Home. To add insult to injury and to further explain that the rich get richer, Amazon the world’s largest online retailer bought the Woot website and has expanded it to a monster.

Toastmaster’s is a great organization that can give you the confidence you need to develop communications skills. I have benefitted extremely from the support and knowledge of attending regular meetings at my current employer sponsored club.. If your company offers this service then please consider attending as you will grow as a leader.

Hamilton Watches is a another great brand. I would consider them to be low to mid range in price. But the quality and workmanship behind the brand is at a respectable level for my taste. If you feel the need to splurge once you are out of debt and have a minimum of $400 dollars to spend on a good timepiece then consider Hamilton. Well that sums it up for the brands that I love series for this quarter. Let me know what brands you want me to mention here and I will check them out and give them a shout out if they pass my rigorous brand review test.

Comment if you have had a good or bad experience with any of these brands that I love V?

 

Rich Uncle EL

 

Pic Credit = Old Bike Homestead

Brand Poem

Brand Poem

Brand Poem

I keep my eye on my finances like CVS, while also keeping my money in good hands like, All-State. In addition I take my money seriously like Johnson & Johnson is to safety. When you do this life’s good like LG because you are in control like Amazon is to online shopping. If you search all around like Google, then you will see how important it is to build a rock solid foundation like Prudential. If you keep it simple and easy like MoneyWatch101 you will have the power on your side like Allianz. Do not hesitate with your money, just do it like Nike, because then your money will slip away. We all should try harder like Avis to build savings year after year. Change up your money routine and think differently like Apple so that you can profit from it like CNN Money. If not you will be like AIG who thought they knew money, but in the end needed a hand out.  In conclusion, if you can hear me now like Verizon you will prosper with finances forever.

I wanted to keep it light this morning and give you a poem I came up with based on random brands while using their company Tag Line. I think I have used 90% of the brands mentioned above as they are readily available in my consumer market area. Some are global brands like Amazon and Apple, and this can relate to many countries as the brands tag line are the same. Have you used any of the brands mentioned above?

 

Comment if you love or hate the brand poem above, or if you can add to it.

 

Rich Uncle EL

Brands

Brands that I Love IV

Brands that I love IV

 

Hey friends it is that time again to share some good brand acknowledgement info for all of you. I do this so you can be a better consumer and shopper of the good brands and not the crummy ol’ nasty ones. Chime in any time you want and let us know if you like or dislike these brands and give reasons why. Some of these you have probably supported before and you probably have some cool memories with them as well. For example you’re first Mattel Race car or the first time you tasted a Chips Ahoy Cookie. (Good Memories I must admit)

Brands that I Love IV:

• Tissot Watches

• Lee Jeans (Not for everybody but durable)

• Nabisco

• Mazda (Fun to Drive)

• Mattel

• Archer Farms (Food)

• Vanguard

• Mr. Coffee (Budget based Small Appliances)

Folks this is my personal list of brands that I love. I support all of these companies, and will continue to talk positively about them for many years to come. For example my very first car was a Mazda and I have done a complete 360 and I once again own a Mazda car. This car better not let me down because I like the brand and I do not want things to change in the near future. So far it has been a pleasure to drive the car. Vanguard has been the best and easily the cheapest option to invest retirement funds into. They are always available on the phone if you have questions, they also provide a plethora of options for all your investing needs. If a fund has a .10 expense fee annually then that just means more returns in your pocket and less to pad the massive pockets of the CEO’s. If you were to leave a job and you had a 401K, if I were you I would immediately roll it over into a Vanguard IRA. It’s a no brainer in my book.

Archer Farms is a great all natural subsidiary brand from Target Inc. They have many regular staple items to fill your pantry from top to bottom. Some of the products are unique flavors that you would have never even thought of yourself to make. Try out the Archer Farms Blue chips with flax seeds at your next Party, excellent taste. Give them a shot the next time you’re in target and you will not be disappointed.  Mr. Coffee is a great brand because they provide budget priced coffee makers. These things can put money in your pocket; the average cup of coffee brewed in one of these will cost you maybe .20 cents. Now if you go to Dunkin Donuts or Starbucks every day then you will be paying 5X-7X that rate. It may take you a few times brewing it yourself to get the hang of how you like the flavor, plus you can add creamers to the mix to spice things up. Now that you have the premise of why I promote these brands, below you will see them again with the stock symbol if they are a public company. Invest at your own risk, ha ha.

Investing Details for the Brands:

Tissot Watches – Swatch Group Inc. (Swiss Stock -SIX)

Lee Jeans – VF Corp Company (Stock – VFC)

Nabisco – Mondelez Int. formerly Kraft foods (Stock –MDLZ)

Mazda – Mazda Corp. (ADR-MZDAF)

Mattel –Mattel Inc. (Stock-MAT)

Archer Farms – Target Brand Subsidiary

Vanguard – Mutual Fund Powerhouse

Mr. Coffee-  Jarden Consumer Solutions (Stock – JAH)

Comment if you are a fan of the brands that I love? Comment if you hate any of these brands?

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Rich Uncle EL

 

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What is your favorite pair of Jeans?

 Levis

Hello I recently asked hundreds of people what is their favorite pair of jeans? I was shocked by the myriad of brands people support and jeans are something that can be pricey, but it is a common necessity in our modern-day fashion society. Jeans are a simple and easy fix to a laid back weekend, and can also be an easy nightlife fashion solution.

The twist of this post is that I will tell you what jeans were selected and what place they fall in by the number of votes each brand received. The objective of this is so that you can be a better informed buyer for what jean brands are the best and therefore save money by buying those brands that can stand the test of time. So what is your favorite pair of jeans?

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Brands that I Love – Series III

 

 

I wanted to keep this series going and let all my readers know what are the brands that I love? How would this help any of you? Maybe you can support them if a credible source recommends them and by word of mouth they are known as providers of quality products and or services. This is the third post on this topic and I am not going to repeat the  brands that I love, but if a brand does a turn for the worse, then I shall put them in the brands that I hate list. In this life you can not hold on to old emotions or favoritism if a brand is no longer servicing your needs. See below for the brands that I love list:  

Continue reading Brands that I Love – Series III

Brands that I love Series II

 

 

Brands that I love

 

 

I wanted to keep this series going and let all my readers know what are the brands that I love? How would this help any of you? Maybe you can support them if a credible source recommends them and by word of mouth they are known as providers of quality products and or services. This is the second post on this topic and I am not going to repeat the  brands, but if a brand does a turn for the worse, then I shall put them in the brands that I hate list.

Continue reading Brands that I love Series II