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But I can understand why she doesn't want to part with it! Wow...that's probably a terrific ring! For a woman to want a ring like that, it sounds like she comes from money, and he was marrying up. Your average gal isn't that schooled in diamonds & such, unless she is used to things like that.
Despite what's being said here, I'm guessing 1 in 4, maybe even 1 in 3 women would try and keep the ring. Maybe a lot more.
Even for a much cheaper ring...
I don't find their situation unique at all. The cost of the ring might be unique, but not the situation.
When I was a teenager my ex-boyfriend at the time attempted to propose to me. He was a sweet guy but when I got a hint after his mother dragged me to a wedding dress store I had to break it to him that I wasn't interested in that way and decided to go back to a purely friend level. He agreed at first, but a month later he whipped out a monster ring his mother paid for hoping to get me back. I was shocked and told him that it didn't matter how bog the ring was or how much money his family spent on me or the affluent life I would "get" to live if I married him....I simply didn't feel like I could consider him a husband or love him the way he was saying he loved me at the time. His mother also hounded me, promising me trips to Europe and attempting to drop off presents; finally I told them both I would have a restraining order if they didn't stop coming to my parents house and they moved on to some other poor girl.
It was weird for me as a teenager and looking back I realize that both were trying to win me back by bribing me with a ring. Today that same boyfriend has found himself buying 3 massive rings for 3 separate girls, all of them bought for well over $10k at least, and all now belonging to women who are with men other then my ex. Meanwhile my husband proposed to me with a $600 casino voucher in the middle of MGM Grand in Vegas. We used the cash to pay for the wedding license when we got home, take close family to a nice dinner to celebrate, and then used the leftovers to repair our car so we could explore Oregon for our honeymoon. I wouldn't trade those memories for a dozen diamond rings or even a "real" wedding, I love a husband who loves me back and we get to obsess over that rather what size ring I got out of the relationship.
No man should need to pay more then a couple hundred for a ring, and even that's ridiculous to me because the ring really means nothing. Jewelry is jewelry and nowadays everyone has some kind which ruins the significant of what made wedding rings special in the first place. The idea was that women didn't have as much jewelry, especially unmarried middle class women in the past. You got your first significant piece of jewelry on your wedding day back then and it was a bit of investment as it usually was the first major purchase a man would make to start his family. Even then, diamond rings have always simply been a marketing ploy and only popular for about 90-100 years in America history; other gems are just as if not more expensive/investment worthy but because they don't have a single company monopolizing them and their marketing they don't get the buzz.
In my experience if ring matters then the marriage never did. My ex learned (or rather failed to learn) and a whole lot of other people will do the same simply because they don't understand you can't pay your way into a persons heart...if they love money, independence, another person, education or whatever over you they'll find a way to make that what you're all about until they can't fool themselves anymore and moves on.
Last edited by musicfamly5; 09-28-2018 at 11:03 AM..
Wow, I guess the saying is true: a fool and his money are soon parted. Why would anyone need such an expensive ring that depreciates as fast as a new car just driven off the lot?
Quote:
Originally Posted by Electrician4you
Yeah they appreciate on paper. Now try selling it. You’ll never see those amounts.
An appraisal for insurance purposes is different than what a private citizen can get.
All the same, while he'll never recover retail markup, He will recover a lot of money if he gets it back.
Some of that also has to do with the amount he spent on the setting. Settings hold very little value compared to stones.
No, he had to finance 30K out of 100K. Still means he can probably "afford" it. Smart...maybe not.
I doubt he could “afford it” if his own budget was just $40K
Quote:
Strasser budgeted $40,000 for a ring—a bit less than the two-months-of-your-salary rule of thumb, but certainly enough for something nice.
Quote:
He paid for it with his savings, two credit cards and a $30,000 personal loan which still costs him $912.71 a month in installments. Insurance on the ring is another $87.58 a month.
I could go finance a brand new BMW with my excellent credit, that doesn’t mean I can afford it. This guy is still making installment payments on the ring. (plus the interest on his credit cards)
No doubt the lawyer has money but he clearly over extended himself. I would bet his credit cards now have a balance of atleast $20K each.
When I was a teenager my ex-boyfriend at the time attempted to propose to me. He was a sweet guy but when I got a hint after his mother dragged me to a wedding dress store I had to break it to him that I wasn't interested in that way and decided to go back to a purely friend level. He agreed at first, but a month later he whipped out a monster ring his mother paid for hoping to get me back. I was shocked and told him that it didn't matter how bog the ring was or how much money his family spent on me or the affluent life I would "get" to live if I married him....I simply didn't feel like I could consider him a husband or love him the way he was saying he loved me at the time. His mother also hounded me, promising me trips to Europe and attempting to drop off presents; finally I told them both I would have a restraining order if they didn't stop coming to my parents house and they moved on to some other poor girl.
It was weird for me as a teenager and looking back I realize that both were trying to win me back by bribing me with a ring. Today that same boyfriend has found himself buying 3 massive rings for 3 separate girls, all of them bought for well over $10k at least, and all now belonging to women who are with men other then my ex. Meanwhile my husband proposed to me with a $600 casino voucher in the middle of MGM Grand in Vegas. We used the cash to pay for the wedding license when we got home, take close family to a nice dinner to celebrate, and then used the leftovers to repair our car so we could explore Oregon for our honeymoon. I wouldn't trade those memories for a dozen diamond rings or even a "real" wedding, I love a husband who loves me back and we get to obsess over that rather what size ring I got out of the relationship.
No man should need to pay more then a couple hundred for a ring, and even that's ridiculous to me because the ring really means nothing. Jewelry is jewelry and nowadays everyone has some kind which ruins the significant of what made wedding rings special in the first place. The idea was that women didn't have as much jewelry, especially unmarried middle class women in the past. You got your first significant piece of jewelry on your wedding day back then and it was a bit of investment as it usually was the first major purchase a man would make to start his family. Even then, diamond rings have always simply been a marketing ploy and only popular for about 90-100 years in America history; other gems are just as if not more expensive/investment worthy but because they don't have a single company monopolizing them and their marketing they don't get the buzz.
In my experience if ring matters then the marriage never did. My ex learned (or rather failed to learn) and a whole lot of other people will do the same simply because they don't understand you can't pay your way into a persons heart...if they love money, independence, another person, education or whatever over you they'll find a way to make that what you're all about until they can't fool themselves anymore and moves on.
You....you.....rock. Great post.
Quote:
Originally Posted by JONOV
An appraisal for insurance purposes is different than what a private citizen can get.
All the same, while he'll never recover retail markup, He will recover a lot of money if he gets it back.
Some of that also has to do with the amount he spent on the setting. Settings hold very little value compared to stones.
What did I say that you didn’t? Most jewelry will not recover its purchase price on the secondary market.
What did I say that you didn’t? Most jewelry will not recover its purchase price on the secondary market.
Sure, it can be hard to find a buyer who will pay the right price for something. But the appraised value of the jewelry is the same regardless of whether or not it's easy to find someone who will pay that price for it.
What strikes me about this story is how she got the guy to pay for her to stay in a five bedroom house for months after the breakup, AND left meat in a fridge that rotted so bad the fridge had to be tossed as well as damage to a window left open.
IF you read the lawsuit, the landlords, while (fairly) docking him $3800 of his $4800 deposit (new fridge, new window) could have done him alot worse. Their email to him explaining the situation is quite telling.
"Though these expenses exceed the deposit of $4800, we’re returning $1000 of your security deposit to you as a thank you for being a good tenant. We recognize this is an unfortunate situation in which we are both perhaps victims of someone else's irresponsible behavior."
At least he is not suing for 64 Million because his pants were not cleaned right and on time! :-)
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