A suit is an investment piece. Whether you wear or wore one every day to work or you only sport them for special occasions, suits can run the gamut when it comes to price, quality, and style. So when you're in the market for a new one, it can sometimes feel a little daunting finding one that is right for your frame, your budget and your personal style. Bloomberg recently shared five great tips to keep in mind when looking for a new suit.

The Shoulder: A tailor cannot easily fix the shoulders, so if they don't properly fit when you try it on, try another suit. The seam where the jacket’s sleeve attaches into the shoulder should line up with the outermost point of your shoulder. Men generally try on a bigger size at first, so you should always try on one jacket size smaller than you think. Lift your arms up and make sure the armhole is comfortable, but keep in mind the suit will loosen up a bit over time.

Jacket Length: Relax your arms at your side with your wrists slack and clench your fists - your knuckles should be even with the hem or just a little bit shorter.

The Sleeve: The end of the jacket sleeve should hit right where your thumb connects to your wrist. There should be just enough space to allow a sliver of shirt to peek out.

Buttons: Two-button jackets are the most versatile and common. Jackets with three buttons are slightly out-of-style, while one-button jackets are relaxed and hip, according to the article. Double-breasted suits are making a comeback.

The Pants Hem: Pants should end right around the ankle bone. Feeling flashy? Go even shorter for a bit of a crop.

The Bloomberg article also features a neat little tool where you select your body type, style, price range and occasion and it spits out a brand that matches your criteria. This could help you save some time narrowing down your options.

If finding the perfect suit on your own seems daunting, consider visiting an affordable-suit superstore, Italian-suit specialty shops (if you can afford it) and even some department stores. You may pay a little more, but their suit experts will make sure you get the right fit. 

An option most people don't consider, especially beginners, is buying a suit online. If you buy a suit at Nordstrom.com for instance, you can take advantage of their free in-store tailoring and alterations. Hockerty offers a Perfect Fit Guarantee, where they cover the cost of alterations if you are unsatisfied with your custom suit. Finally, Indochino allows you to customize your suit by submitting your measurements using the site's step-by-step video instructions. And it goes without saying, each of these companies sends you your customized suit in the mail, tailored to fit. You will be looking razor sharp in no time!