Stupid Investment: Diamond Rings
When I purchased the engagement ring back in February, I gave no thought of it as an investment. I hope I never have to sell the thing - I don't want to find out if if appreciates or not. Chuck Jaffe of MarketWatch tackles this topic today.
Stupid Investment of the Week Article
That quote from the article sums up my feelings. The return from my "investment in pleasure" is seeing how much she enjoys and cherishes the ring -- as a symbol of our pending marraige.
Thanks for reading!
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Nope, this isn't a discussion on Chinese prices. We have almost finished the process of creating our gift registries for the wedding. That's a good thing, since the wedding is in September and wedding showers are starting in a couple of weeks. I found registering ... Read
We're 86 days away from the wedding. Here's a conversation that took place over e-mail today between me and the bride-to-be. Read
This has little to do with this topic, but I do think it bears mentioning as another stupid "investment?"
I have recently happened upon this site, and I like it. However, I do not like some of the deals you have linked for advertisements. I know you are making money off the scoundrels, but you are by association offering your support to them by even allowing them on here.
These $100/hour survey companies... and other "quick money" schemes that are advertised here are a joke. Reference the BBB:
"Each year the Better Business Bureau receives numerous inquiries on work at home offers. The advertisements usually represents that huge profits can be made by envelope stuffing, watching TV for pay or assembling products.
Nationwide investigations by the U S Postal Service and the BBB have revealed that individuals investing their money in work at home opportunities may lose that money to unscrupulous promoters using misleading advertising claims. The advertisements are not offering employment.
Work at Home scheme promoters will:
1. Never offer you regular salaried employment.
2. Promise you huge profits and big part-time earnings.
3. Use personal testimonies, but never identify the person so that you could check with them.
4. Require money for instructions or merchandise before telling you how the plan operates.
5. Assure you of guaranteed markets and a huge demand for your skills.
6. Tell you that no experience is necessary."
I feel confident your bloggers are responsible businessmen, doing the right things to succeed. I also feel, however, you compromise the integrity of the site by allowing these predators to make money off your website visitors. Instead, you should be discouraging these types of companies.
Diamond or any other style of engagement ring is an investment in a relationship, not an asset.
