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re: Engagement ring shopping/valuation
Posted on 4/21/16 at 2:27 pm to Jon Ham
Posted on 4/21/16 at 2:27 pm to Jon Ham
quote:
First of all, frick you all dudes paying several thousand dollars for engagement rings. If guys wouldn't pay it, the price wouldn't be so completely unreasonable.
You will end up doing the same
quote:
I'm not even going to get into the whole debate about a diamond's actual value
A diamonds actual value is what people will pay for it. There is no debate.
2
Posted on 4/21/16 at 2:47 pm to Weagle25
quote:
A diamonds actual value is what people will pay for it. There is no debate.
You ever try to sell a diamond yourself? People aren't willing to pay you shite for your diamond as soon as you walk out of the shop. Diamonds do not appreciate, they aren't liquid, and the types we put on rings have no use other than aesthetics. They are of slightly higher quality than a cubic zirconia which costs about 90% less than a diamond of same size. It's a racket.
Posted on 4/23/16 at 10:26 pm to Weagle25
quote:
A diamonds actual value is what people will pay for it. There is no debate.
A diamond is not like gold. Gold has a spot price. It is exchanged. You can invest in gold, invest in gold funds, etc.
A diamond has a PRICE. Set by DeBeers, which has a virtual world monopoly.
The entire diamond market is a complete farce.
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