4 ms·

Jewelry is not unpractical, it's like an insurance for bad times. When shit hits the fan you still have your jewelry to sell.

• meiraleal 3y ago
  In this case the ex-poor wifes bought by rich men will have a jewelry to sell in the case of a breakup
• 20after4 3y ago
  Unfortunately, the diamond doesn't fetch much when you go to sell it. You'll get the value of the gold in the ring but not much for the gemstone.
• coryfklein 3y ago
  I mean, sort of? The median woman who wants the gorgeous diamond ring from her husband is NOT thinking “This will be great insurance in case we become destitute”. Because everyone knows the resell value is terrible! Worst return on an insurance policy ever. They want them because they are pretty and because – like it or not – it’s what society has taught them to expect.
  • ako 3y ago
    Don't know, gold still seems to be wanted when financial times are uncertain.
• ben_w 3y ago
  That used to be true, but now, and specifically with diamonds, not so much: https://www.brightonsavoy.com.au/why-does-a-diamond-have-no-resale-value/#:~:text=Diamonds%20typically%20lose%20between%2025,the%20decline%20in%20diamond%20prices https://www.brightonsavoy.com.au/why-does-a-diamond-have-no-....
  • fsflover 3y ago
    Which is why you should not buy diamonds.
    • ben_w 3y ago
      One reason why. I've been tempted to try making them at home since about 2007, but for some reason all the different people I've lived with since then have objected to me running a lightly modified microwave oven continuously for a month at a time, with a few holes in the heating cavity so I can install an inverted pyrex bowl and pipes to connect it to a low-pressure methane supply system…
      • blindhippo 3y ago
        But when you meet that person who is totally into it, they are gonna be iced out the wazoo in custom made bling.