I think buying high quality jewelry is a good investment than buying branded shoes and handbags. With jewelries, you can sell it or pawn it in times you need cash or when you are short with your bills or when something happen you aren't able to work for a while.
Just make sure to buy jewelries on sales or clearance. Check out this great deals on jewelry online and save a lot of money on the jewelries you like to have. Also remember to read every details about the jewelry before buying it to make sure you get the best quality so it's worth your money!