4 ms·
> they place 0 value on the effort it takes you to make the money needed to buy that ring. Very well said. I grew up in a middle-middle class family in India,
by zapdrive 5y ago
> they place 0 value on the effort it takes you to make the money needed to buy that ring.
Very well said. I grew up in a middle-middle class family in India, and my Mom would not have let my Dad buy her any jewellery with his hard earned money.
- tinuviel 5y agoOn the other hand my father let my Mom buy a few grams of gold every few months. It was a good decision in hindsight considering how much it grew over the past few decades. My Mom's gold came to rescue when my family was in financial distress.
- lotsofpulp 5y agoI don’t know what the logistics are of wherever and whenever you grew up, but I would expect a slew of better diversification options for anyone in the developed world in the form of low cost index etfs. Gold’s performance has been quite subpar for the past few decades.