I so wish I had the courage, an investor friend purchased the most magnificent diamond ring at least 60% less than my diamond ring which cost $30K, he researched till the cows came home and got the best diamond in the US. I thought he would get ripped off, not so, there are bargains to be had a bit like property I thought ... lots of research, homework and then just have the courage to jump in
Damn, I paid too much, or hubby did
The value of jewellery like all luxury items is very subjective.
Why do pay $600 AUS for LV bag when a copy from China that is 95% the same is $60AUS? Looks the same, feel the same, same fabric, badges etc. (mostly).
Same for a WRX versus Boxter. To the average to good driver very little difference in performance and handling.One costs $40k ish and the other $110k ish.
Getting a ring valued at $60k for $30k seems to me to be that either or both are not worth that in actual $ sense in the first place. That is not to say $60k is not well spent as it is your decision. The VALUE is what it means to you, not others.
Like swimming pools. Cost $30k, and if used a few tines a year return is $30 the saving by not going to local pool. BUT Used every week for few days in summer, night parties, bbq , etc. building memories with kids: value very high.
Personally; we have ponies. Average Cost $5k but easy go up to $60k. Ongoing Cost $0 to $200 a week. Feed, care, lessons, tack, etc..AND lots of time.
Ride once or so, very bad value.
Ride regularly, teach daughter caring for animal, routine, how to control something, not to fear pain, not to fear failure and then spend sunny arvos trail riding with her as Daddie & Daughter time (until she hits teens and I am too embarrassing or more likely too slow).: Priceless.
Good night all, Peter
