re: How much does an OT baller spend on an engagement ring

Depends on the person. When I bought my fiances I shopped around a good bit and went with a wholesaler. In my opinion the engagement ring is a representation of me so I spent what I thought was appropriate in that situation. But I think everyone should spend what they think is appropriate without putting themselves in a hole. Also, negotiate the frick out of the price...My fiances ring appraised by a jeweler and not for insurance purposes was 25k. Ins appraisal was 30k. I paid much less for it and could probably sell it for more than I paid for it assuming you only get 50% of appraised value.