I thought it'd be interesting to hear about yours...so reply to this thread and describe your stuff! Also, feel free to list items you don't yet own but would love to own as "investment pieces" or "items you really adore"! Post pictures if you can.
My definitions~
Investment piece:an item that you own, perhaps went over your budget on, that is a classic...one that you think you will find yourself wearing for years. You can name more than one, and this includes shoes, handbags, belts, and other accessories.
Example: A perfect black dress or a Burberry trench coat
Item you really adore:The name explains itself. Something you own that you just love to pieces, even if it's not a "classic" like an investment piece would be.
Example: A funky Betsey Johnson dress
For me...
1) Lacoste Black Pointed Toe Flats
A steal for $20 at Marshall's...were $100+ to begin with...but that's beside the point. They are the classic black flats that could go with anything. I could see myself wearing them for soo long.
2) Coach Denim Patchwork Bag
I eyed this bag for like, a year on the Coach website...it retailed for $180, and I picked it up at an outlet for $85 when I was 12 (I'm 15 now). I consider it close to an item I really adore because it matches mostly everything, has a funky style, and is a bag I've loved since Day 1 of seeing it. It's really small, however, and I plan on purchasing a bigger bag someday (I don't know which brand or style I want) that could serve as a great investment piece. The pic below is crappy...you can't see the Cs on the silver patch.

3) J.Crew Chino Shorts
I have these in khaki, navy, white, pink, and yellow with purple anchors. My wardrobe would not be the same without these shorts. I got them for $20 apiece at the outlets

4) Juicy Couture Black Melissa Loafers
Definitely an "item I really adore"...cute flats that I am just in love with. They are not classics, and I could see myself getting sick of them in a couple years, but my 15-year-old self is addicted! I got them for $67 at Nordstrom...originally $225. You can still get them on sale online on zappos.com for like, $189.

5) J.Crew Cotton Cardigan
I got mine at an outlet for $33 (retail $62) in white. There are sooo many dresses and tops I wear it with. It is ridiculous. I am very glad this cardigan was invented!

6) Adidas Sandals
I feel like a loser for writing this...but I think they are soooo sporty and cute! I love mine. I got a men's pair. I wear them as if they're fashionable...like I'd wear them with a cardigan, some cute tank top, and jean shorts. I pull it off though. I really like them.

7) Under Armour Heat Gear 7" Compression Shorts in Black
I play sports. I work out. These are perfect to wear under my shorts. Enough said. They peek out because they are longer than my shorts...but they are my spandex of choice.

I'm sure there's more, but that's all I can think of at this moment. POST YOURS!