Simply out of curiosity but do diamonds go up in price? Like the gold band could, theoretically, go up in value. I'm aware they use so little gold and the labor costs are so high it probably never would. However are diamonds on the open market subject to trade like gold is?
Engagement rings
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Yes tuco. You are coming off as a douche. You don't approach this with a "hey just want to make folks aware of options" you're on this crusade to tell everyone who bought their wife a diamond that as you just said in your last post that they are dumb then yes you will come across as a douche.
folks make personal buying decisions based on preferences. Arm them with facts, not vitriolic attacks and avoid the douche label if you care about it. Right now you've just carved yourself out as the moissanite shill.
folks make personal buying decisions based on preferences. Arm them with facts, not vitriolic attacks and avoid the douche label if you care about it. Right now you've just carved yourself out as the moissanite shill.
Falstaff
Ahn'Qiraj Raider
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As a publicly traded commodity like gold, no.
but some are trying to make it into one
http://www.nytimes.com/2012/04/14/bu...anted=all&_r=0
Tuco
I got Tuco'd!
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Big problem with diamond's ability to retain value is:
1. Women don't want 'used' diamonds.
2. Diamonds being rare is entirely dependent on DeBeer's desire to restrict supply.
3. Diamonds being rare is also dependent on the manufacturing of synthetic diamonds not decreasing in price (As well as public acceptance of moissanite, cz etc).
Etoille, you're probably right. I'll tone it down.
Yeah the only way a diamond goes up in value is like if you're trading it in (which for an engagement ring shouldn't happen) or if for whatever reason something becomes rare about it (and old fashioned cut for example that is no longer done often enough to enter the market a lot). Or if it's vintage or by a certain designer much like a car would.
Or by virtue of good old fashioned inflation over time.
But buying diamonds as a long term investment not so much.
Or by virtue of good old fashioned inflation over time.
But buying diamonds as a long term investment not so much.
@tuco - I don't care if you tone it down or not no worries here on my end. Then again I don't care if ppl think I'm a douche or not so I personally had no issues with what you were saying. I rather miss my angry badger days
You, an angry badger Etoille? Inconceivable. You were in fact, a great help to me on the last boards on what to look around for when I started my rock search.. But yes, Tuco, you were coming off a little preachy
But then again.. this is the internet. So turn about is fairplay.
Eomer
Trakanon Raider
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Or you're Chinese. They take their weddings pretty seriously. I had one Chinese friend who go married (white girl, Catholic), and his wedding had 300-400 people at it. I think he said that the cost of the wedding was in the high five figures. His wife's family was dirt poor and didn't help much with the costs at all. The Chinese side was pretty good about giving cash gifts, but in the end the debt from his wedding still outlasted the marriage. Best part is that the cunt went dike after they divorced. Worst part is he ended up with the dog they got together, some miniature toy thing that got super sick, sucked thousands of dollars down in vet bills, and died anyways.
Poor guy, I'd have offed myself by now with the shit he's gone through. Just blew his achilles last fall, he can't catch a break.
Too bad he wasn't a member here and we could have told him what he was about to get roped into. I don't have any pity for people that put themselves into debt at others insistance. There's nothing saying he was REQUIRED to have that wedding in the "high five figured". He was simply pressured into it by a family he didn't have the sack to stand up to. Family forgives. Creditors don't.
I feel like there is a definite difference in the way diamonds are marketed (for engagement rings) than the other things people put out as examples.
Market a video game, car, etc, and most of the time it makes you WANT one. That's the idea. There are exceptions, but it all revolves around "want".
Diamonds for engagement rings are marketed as a "need". "It's not true love if it's a diamond, He doesn't care about you if it's not a diamond, It's not forever if it's not a diamond."
To me, that's really...uh, insulting I guess. When the subject of marriage was breached, and the idea of diamonds, it seems almost the very opposite for me. IE, they tell you diamonds are valuable, but they're really not. Not at all. They're valuable because of a marketing campaign to make you think that they are. And I'm sure no one believes that anymore, but still, it's now ingrained that diamonds are forever. You get a diamond as an engagement ring because it's valuable, and worth your true love etc, etc, yet it's the very opposite. When I wear jewelry, (at all), I am a fan of sapphires and silver/plat/white gold. So it was one of those, "If we're actually using the "actual" value of the item, don't get me a fucking diamond."
I don't know, YMMV but I just really don't care about diamonds. I found some really pretty sapphire engagement rings that will probably be surrounded by moissanites since they are cheaper. And it will be pretty, and I'll be happy.
As far as wedding costs, my sister just recently got married; 350+ people, full blown catholic wedding, crazy expensive country club attendees only reception hall etc. I was happy she was so happy but jesus christ. Between 3-4 trips back to the east coast for the bachelorette's party, the actual planning thereof, the bridal shower, the ceremony and reception etc,herwedding probably cost me something like 7-8K. HER WEDDING. It's partly because of the shit she wanted for the wedding, and what she wanted, and she's my sister so I told her, "sky's the limit babe" but FML.
The actual planning of my wedding is considerably easier and cheaper. It's either at city hall or a gazebo and done by a friend of ours willing to get ordained online, small wedding of like, 10 people, (needs to be this because after my sister got walked down the aisle I'll feel like a total douche if I don't do that for my dad too) and then a small reception/bbq etc where I can throw on some leggings and converse and get out of my dress.
I anticipate my joyous day to cost approximately 1/3 of what I spent on my sister's joyous day.
Market a video game, car, etc, and most of the time it makes you WANT one. That's the idea. There are exceptions, but it all revolves around "want".
Diamonds for engagement rings are marketed as a "need". "It's not true love if it's a diamond, He doesn't care about you if it's not a diamond, It's not forever if it's not a diamond."
To me, that's really...uh, insulting I guess. When the subject of marriage was breached, and the idea of diamonds, it seems almost the very opposite for me. IE, they tell you diamonds are valuable, but they're really not. Not at all. They're valuable because of a marketing campaign to make you think that they are. And I'm sure no one believes that anymore, but still, it's now ingrained that diamonds are forever. You get a diamond as an engagement ring because it's valuable, and worth your true love etc, etc, yet it's the very opposite. When I wear jewelry, (at all), I am a fan of sapphires and silver/plat/white gold. So it was one of those, "If we're actually using the "actual" value of the item, don't get me a fucking diamond."
I don't know, YMMV but I just really don't care about diamonds. I found some really pretty sapphire engagement rings that will probably be surrounded by moissanites since they are cheaper. And it will be pretty, and I'll be happy.
As far as wedding costs, my sister just recently got married; 350+ people, full blown catholic wedding, crazy expensive country club attendees only reception hall etc. I was happy she was so happy but jesus christ. Between 3-4 trips back to the east coast for the bachelorette's party, the actual planning thereof, the bridal shower, the ceremony and reception etc,herwedding probably cost me something like 7-8K. HER WEDDING. It's partly because of the shit she wanted for the wedding, and what she wanted, and she's my sister so I told her, "sky's the limit babe" but FML.
The actual planning of my wedding is considerably easier and cheaper. It's either at city hall or a gazebo and done by a friend of ours willing to get ordained online, small wedding of like, 10 people, (needs to be this because after my sister got walked down the aisle I'll feel like a total douche if I don't do that for my dad too) and then a small reception/bbq etc where I can throw on some leggings and converse and get out of my dress.
I anticipate my joyous day to cost approximately 1/3 of what I spent on my sister's joyous day.
Big Phoenix
Pronouns: zie/zhem/zer
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Sounds like someone had their husband spend some coin on a diamond and is justifying it. Listen if someone is trying to decide on whether or not to join Amway there sure as hell better besomeone on this board preaching the evils of it.
It's not Amway. It's confederated products. It's a different company. It's a different quality of product.
Woah, rebelling against diamonds is one thing. I still want a god damn ring though. Sapphires for +str/int instead of diamonds for resist all. Yo.
Eomer
Trakanon Raider
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Oh yeah no question. His wife was also a dumb cunt, from a white trash background. His family is reasonably well off, Chinese immigrants who started a cash register company and who now do point of sale systems for what seems like 95% of the bars and restaurants in the city. Thing is, my bud doesn't have much money, the parents still control the business because they know he's fucking terrible with money and would just blow it all. So new wifey thinks she's marrying in to old money or something, and went off the deep end with the wedding planning and invitation lists. 3 years later they're divorced.
He's just such a lovable dumbass that I can't help but feel bad for him.
Cad
scientia potentia est
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WTF Tuco, don't tone anything down. This diamond 2 months salary nonsense needs to die because it is nothing more than group-think social pressure. People need to realize that it is "okay" to tell a woman that you're not spending money on diamonds (especially not the completely ludicrous 2 months salary) because they have no intrinsic value.
Essentially the same as religion, everyone kinda knows inside that its nonsense, but they are afraid to be "the only one" not going to church and that they'll be ostracized. So they "go along" pretending to be a good whatever, and everyone else sees this, and thinks, holy shit, am *I* the only one? Whats wrong with me? And then goes along too. Meanwhile 3/4 of the people who are doing said group-think activity are only going due to social pressure, and the other 1/4 are nutjobs.
Marry someone because they are nice to you and have compatible interests and worldview, not because they bought you a nice diamond. In fact, from the woman's point of view, a willingness to succumb to social pressure and blow a very large amount of money at a critical time in your life on a completely valueless purchase should scare them right the fuck off.
People buying diamonds ARE dumb. People buying big diamonds are EXTRA dumb. The jewelry industry is second only to the "Art" industry in terms of total lack of actual value. Besides, it has Jew right in the name. You should know you're getting fucked right there.
Essentially the same as religion, everyone kinda knows inside that its nonsense, but they are afraid to be "the only one" not going to church and that they'll be ostracized. So they "go along" pretending to be a good whatever, and everyone else sees this, and thinks, holy shit, am *I* the only one? Whats wrong with me? And then goes along too. Meanwhile 3/4 of the people who are doing said group-think activity are only going due to social pressure, and the other 1/4 are nutjobs.
Marry someone because they are nice to you and have compatible interests and worldview, not because they bought you a nice diamond. In fact, from the woman's point of view, a willingness to succumb to social pressure and blow a very large amount of money at a critical time in your life on a completely valueless purchase should scare them right the fuck off.
People buying diamonds ARE dumb. People buying big diamonds are EXTRA dumb. The jewelry industry is second only to the "Art" industry in terms of total lack of actual value. Besides, it has Jew right in the name. You should know you're getting fucked right there.
Lenas
Trump's Staff
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Gold is actually a rare, finite element, created only during one event that we know of, the death of stars. Diamonds are made of carbon, one of the most prevalent elements in the entire universe, and they can be created synthetically. The price of diamonds is pretty much 100% artificially controlled by DeBeers.
But, why pay the $5 registration fee when you can just TELL people you signed it? BAM, 5 bucks saved!
Big Phoenix
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Pretty much. If it wasnt for a horribly constrained supply due to debeers and the best marketing campaign in the world, diamonds would be worthless more or less.