Blue is a big no no, IMO.
Charcoal grey is a great *in between* suit, can be dressed up or down with the shirt worn underneath.
If you get a really well fitting black or grey suit, you just change your shirt style/colour and it changes with the fashions.
ToGgie is on the money with suit lengths, that is what I have heard in the past.
I would be going for one really nice suit, a few different shirts to change the mood and sports jacket.
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