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Was commenting on Consumerist this morning how I think diamonds are a complete waste of money. Am I completely off base?

Posted by Hotkiss (aka hotkiss7348) Apr 7 '09, 10:20

I commented that "they're just a symbol of your adherence to vapid, superficial social norms. It's stupid." There are so many better ways to spend your money even if it's to show commitment. And for those who save up to buy a diamond, why not be saving up for other things such as a car or house or, I don't know, anything more useful than a small piece of rock?

Responses:

my brother just got engaged and went to an antique store and spent $30 on their rings. -- nm - znufrii Apr 7, 10:38
The way I understand it, its an archaic way to make sure guys dont take proposals too lightly - DreadPR Apr 7, 10:31 5
- actually the only reason diamonds have become a staple for engagement rings is because of an ad campaign the De Beers group started - decline Apr 7, 10:33 3
  - Because wikipedia is always right: The first recorded diamond engagement ring was given in 1477 to Mary of Burgundy by her betrothed, Archduke Maximi - DreadPR Apr 7, 10:40 1
    - The section talking about engagement ring ownership is interesting. Its just that Diamond is more valuable than a lot of gems - DreadPR Apr 7, 10:43
  - Darn Marketing and Advertising people! *ducks* -- nm - lileve Apr 7, 10:37
- and WTF happened to dowrys? I thought WE were supposed to get paid! -- nm - Dr.Vermin Apr 7, 10:33
[deleted] 1
- 3 months salary. What a f**king joke. -- nm - General Shaun Apr 7, 10:32
Debeers controls the flow which controls the prices. They are supposedly not that rare as they are marketed to be. -- nm - lileve Apr 7, 10:29 1
- "Whoever Controls The Spice Controls the Universe" -- nm - lileve Apr 7, 10:30
I certainly don't see anything wrong with buying one of the new synthetic ones. - Dr.Vermin Apr 7, 10:28
Cars are no more than "vapid, superficials social norms" too if you buy more than typical Accord. -- nm - James Bond (aka Igor) Apr 7, 10:27 3
- Also, if you buy clothes that are any fancier than potato sacks with sleeve holes. - Dr.Vermin Apr 7, 10:30
- they are worse since they are guaranteed to decrease in value and cost money to use, however, you can get value from them as a tool for your needs -- nm - zork Apr 7, 10:29
- I need my Expedition! -- nm - Soccer mom si Apr 7, 10:28
there are many gemstones that I like more than diamonds. unless they are cut to have maximum sparkle they look plain compared to coloured stones. -- nm - zork Apr 7, 10:27
what if you can afford a car, a house, *and* a diamond? -- nm - loosilu Apr 7, 10:25
Are you talking about a ring? I think they meant buying a bunch of diamonds and just hoarding them in a safe deposit box. -- nm - General Shaun Apr 7, 10:24 1
- I, however, did not read this Consumerist article. -- nm - General Shaun Apr 7, 10:25
I can see your point, but - Strongbad Apr 7, 10:23
But you're my BFF -- nm - Diamond Apr 7, 10:22
Diamonds are a good investment. -- nm - JaxSean Apr 7, 10:22 3
- not particularly. They may be a fair hedge against market volatility and inflation - decline Apr 7, 10:31
- Past performance does not guarantee future results. -- nm - mara Apr 7, 10:25
- Pink Diamonds! -- nm - J Apr 7, 10:25

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Was commenting on Consumerist this morning how I think diamonds are a complete waste of money. Am I completely off base?

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