HOUSTON--()--The Annual Houston Asset Management, Inc. “Cost of Loving Index” reports very stable prices for Valentine gifts this year. Favorite Valentine presents including a Dozen long-stemmed roses delivered and Godiva chocolates in a heart-shaped box showed increases averaging 1.79% per year and 1.44% per year for the last four years for Valentine’s Day. The “Cost of Loving Index” which annually tracks the cost of Valentine’s gifts finds great news for Lovers everywhere. Six of the nine gift items the Index tracks showed increases of less than 2% per year over the last four years.
“While the cost of loving may have its price, it is always worth it”
If your Valentine is a wine lover you are in luck, the California Chardonnay Simi tracked by the Index showed a price increase of only 0.55% per year over the last four years.
♥ The price of that sexy designer nightie you had in mind for your Valentine only went up 1.13% per year from 2006 to present.
“While the cost of loving may have its price, it is always worth it,” says John Payne and Bob Frater, creators of the “Cost of Loving Index.” The Index has been compiled since 1979. A complete Valentine’s Day 2010 Index is reported below:
|
Annualized % Change |
||||||||||||||||||
| 20 Yrs. Ago | 2010 |
4 - Yr. |
20 - Yr. | |||||||||||||||
| California Chardonnay Simi | 26.00 | 25.56 | 0.55 | % | -0.09 | % | ||||||||||||
| Dozen long-stemmed roses delivered | 65.00 | 129.90 | 1.79 | % | 3.52 | % | ||||||||||||
| Godiva chocolates in heart box | 70.00 | 90.00 | 1.44 | % | 1.26 | % | ||||||||||||
| Candlelight dinner | 140.00 | 275.00 | 1.41 | % | 3.43 | % | ||||||||||||
|
First-run movie for two |
8.50 | 19.00 | 2.82 | % | 4.10 | % | ||||||||||||
| One oz. Chanel No. 5 perfume | 195.00 | 260.00 | 0 | % | 1.45 | % | ||||||||||||
| Valentine greeting card | 1.75 | 5.50 | 2.41 | % | 5.89 | % | ||||||||||||
| Designer silk tie | 60.00 | 145.00 | 4.84 | % | 4.51 | % | ||||||||||||
| Silk nightie | 30.00 | 68.00 | 1.13 | % | 4.18 | % | ||||||||||||
The “Cost of loving Index” prepared annually on Valentine’s Day by Houston Asset Management, Inc. a Registered Investment Advisory Firm located in Houston, TX.
