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Own a Chanel, Hermès or Louis Vuitton handbag? Charles Gorra, luxury shopping expert and CEO of Rebag, shares which designer handbags are actually worth the investment — and the ones you may regret buying.

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In a video posted to , Cara Nicole breaks down how luxury brands like Hermes, Rolex and Gucci manufacture exclusivity and promote an illusion of wealth, causing customers to buy their products in an attempt to heighten their status. This only traps them in a buying cycle and prevents them from building actual wealth.

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