Off the Cuff DC has got it right. Please visit and read this man’s blog, especially this post.
It cannot be repeated often enough. Buy with an eye to longevity and quality and you will always be well-dressed. And that goes for women, too! I am often struck by how well-dressed my art history teacher is. She invests in a few stylish pieces, but the majority of her wardrobe is timeless and elegant. We can all learn from folks like these.