Buy cheap suits and Tailor up!

If you’re a young guy at a nice firm and you feel like you wear the same thing over and over try this: Black suit Light blue suit Dark grey suit Cream suit Get a couple of solid color dress shirts Then just match your shoes and belt black on black or brown on brown.

This allows you to spice up your cloths without looking bad or spending money on 1000 outfits. Matching the jackets with the pants is east and you can’t go wrong with a white shirt.

Don’t be afraid to buy cheap and tailor that’s what most people do. People aren’t buying $2000 suits like you think they’re just tailored in a nice way.

Invest in comfy shoes. Allen Edmond is having a warehouse sale right now for those with a spicier budget

For the big guys go to DXL for shoes they have a good selection at good prices

11 Comments
 

I disagree entirely with your style, but really do want the info on your dealer.  I'd love to have some of what you're smoking.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 
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I'm really not on board with this posting. OP is confusing buying off the rack versus buying cheap. 

Can you buy off the rack and tailor that to look nice? Yes, absolutely, we should all be doing that. But that is not necessarily cheap. In some cases, you might be better off using a made-to-measure sale. If you're not clear on the difference, then you should look those up. In short, made-to-measure is like "advanced tailoring" where you pick an existing suit in a store and then they make it according to your measurements (not your customizations, note that I said existing suit). A good tailor can be expensive, so the price of suit plus good tailoring might just be about the same as made-to-measure. Note that the suits that are on sale are usually not eligible for made-to-measure so you will most likely be paying full price for it. Where you do save money on these sales is when your order multiple suits and they might offer that package as a "sale". 

Can you buy cheap and tailor that to look nice? Rarely. A cheap suit is cheap because the construction is completely different underneath, the quality of the cloth is not great and the findings (the buttons, etc) are not quality. You're only going to be able to do so much with it and make it look "nice".  So I don't think that OP's premise holds at all. 

 

This is terrible advice. Navy and mid/dark gray suits only. White and light blue dress shirts only. Please never wear a black or cream suit in the office.

 

IMO buy 1 suit for interviews as an analyst, very very few firms are business formal and you might pull out the suit for an occasional client meeting but don't need them every day. Get some nice/comfortable dress shirts, pants, Lulu ABCs if your firm is casual enough. Also piling on that a cream, light blue, or black suit is not appropriate for work unless you are a girl.

I wouldn't go crazy buying 4+ cheap suits though, it's okay as an analyst but once you have some money you will want nicer material suits. Off the rack tailored is fine, but you won't want cheap fabric suits when you're a VP

 

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