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re: How much to spend on engagement ring?

Posted on 6/22/16 at 7:19 pm to
Posted by Jake88
Member since Apr 2005
68030 posts
Posted on 6/22/16 at 7:19 pm to
quote:

What if your wife makes more than you?


Good one.
Posted by gamatt53
Member since Nov 2010
4934 posts
Posted on 6/22/16 at 7:26 pm to
quote:

First off, nobody pays the appraised price. Those values are always HIGHLY inflated.

quote:
Walked out the door with an appraisal 3 times what I paid


Again, so does everybody. Your appraisal still means NOTHING.




No shite the appraisal means nothing. The entire industry is laughable. I merelely offered a suggestion to the OP for a cheaper option to buy a near worthless piece of carbon vs retail.

quote:

By that logic you are getting fricked and paying double on almost every purchase you make in your life.


Go buy a major appliance or other large purchase. You will be able to resell it the day after you bought it for close to what you paid online via eBay, Amazon, Craigslist etc. A ring? Won't get shite the day after. So yea - you are getting fricked.

quote:

Carry on though, thinking you're the smartest guy in the room.


Never claimed to be. The fact that I bought a ring and got engaged should be evidence of that lol. Go drink a beer and relax dude
This post was edited on 6/22/16 at 7:47 pm
Posted by notiger1997
Metairie
Member since May 2009
58089 posts
Posted on 6/22/16 at 7:35 pm to
quote:

The wedding industrial complex in the Deep South is out of hand


yeah, but what if people really do like that kind of stuff. And yes, some people to have big extended families and a bunch of friends that they want to be there with on that special day.
Posted by lynxcat
Member since Jan 2008
24121 posts
Posted on 6/22/16 at 8:04 pm to
Then spend your $50k+ on your wedding and enjoy yourself. There are more people who go that route than the alternative.
Posted by blizzle
Dallas, TX
Member since Jan 2009
924 posts
Posted on 6/23/16 at 8:40 am to
thanks for all the insight, yall. Lots of good info, I really appreciate it
Posted by baldona
Florida
Member since Feb 2016
20386 posts
Posted on 6/23/16 at 9:17 am to
I would go the opposite of what most here recommended, and I'd buy a 1.24 or 1.45 diamond in a lower grade. The advice about buying just under the 1 carat, 1.25 carat or 1.5 carat mark is spot on for saving money. All diamonds look great by themselves when they are clean, its not until you have 2 next to each other that you can tell the difference between a great one and not so great.

The only thing women say is "wow look at how big it is" you never hear " wow look at how clear that small diamond is".

So what I tell my friends to do is buy the size diamond you are thinking of in a lower quality and buy a really nice ring. Then at the 5 year, 10, 25 whatever anniversary you have a great gift to give your wife to upgrade diamond quality.
Posted by LNCHBOX
70448
Member since Jun 2009
84053 posts
Posted on 6/23/16 at 9:41 am to
quote:

The only thing women say is "wow look at how big it is" you never hear " wow look at how clear that small diamond is".


This is false if you have a diamond that sparkles more than most.
quote:

Then at the 5 year, 10, 25 whatever anniversary you have a great gift to give your wife to upgrade diamond quality.



Oh yea, spend more later. Great idea. And such a great gift. Giving her the nice diamond when it's no longer a big deal to her or anyone she talks to. Everyone wants to see the ring when you're engaged, not decades down the road.
Posted by tigerbacon
Arkansas
Member since Aug 2010
3694 posts
Posted on 6/23/16 at 9:57 am to
I messed up. Did the whole three month salary on it and now the ring is tuck away in a safe at home and she wears a band she paid 100 bucks for. She says I don't want to worry about damaging it so I could of really saved thousands
Posted by LNCHBOX
70448
Member since Jun 2009
84053 posts
Posted on 6/23/16 at 9:59 am to
quote:

She says I don't want to worry about damaging it so I could of really saved thousands


Worried about damaging a diamond?
Posted by lsupride87
Member since Dec 2007
94849 posts
Posted on 6/23/16 at 10:07 am to
quote:

She says I don't want to worry about damaging it
Do people carry around diamond cutter guns in your town?
Posted by Salmon
On the trails
Member since Feb 2008
83517 posts
Posted on 6/23/16 at 10:26 am to
quote:

I messed up. Did the whole three month salary on it and now the ring is tuck away in a safe at home and she wears a band she paid 100 bucks for. She says I don't want to worry about damaging it so I could of really saved thousands


my wife says the same thing

but not damaging, she is worried about the diamonds falling out or something
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 6/23/16 at 10:30 am to
quote:

I messed up. Did the whole three month salary on it and now the ring is tuck away in a safe at home and she wears a band she paid 100 bucks for. She says I don't want to worry about damaging it so I could of really saved thousands

That's part of the reason I wear just a band w/small, bezel-set stones. It's not flash enough to cause me to worry when I travel or ride public transit. It easily survives contact with bread dough, screenprinting inks, oil paint, mud & compost, sawdust, fish guts, power tools: few gemstones of any size in non-bezel settings can stand up to heavy use. Jewelry that is meant to be worn every day should match the wearer's lifestyle...or it will end up in a box, not on a finger.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 6/23/16 at 10:33 am to
quote:

I messed up. Did the whole three month salary on it and now the ring is tuck away in a safe at home and she wears a band she paid 100 bucks for. She says I don't want to worry about damaging it so I could of really saved thousands


my wife says the same thing

but not damaging, she is worried about the diamonds falling out or something

my wife does the same. She pulled a prong(?) off and since then I haven't seen her wear it. The difference is my ring was like $800.
Posted by Salmon
On the trails
Member since Feb 2008
83517 posts
Posted on 6/23/16 at 10:39 am to
I kinda do the same thing, as I wear a $50 titanium wedding band instead of the more expensive tungsten band my wife bought me
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 6/23/16 at 11:38 am to
i am on my 6 wedding ring. trust me guys, don't lose 1 let alone 5.
Posted by TIGERsinceCONCEPTION
Uptown New Orleans
Member since Jan 2009
1088 posts
Posted on 6/23/16 at 3:59 pm to
If you make an investment on a diamond, buy jewelery insurance, or add it to your homeowner's. Also, most local stores will cover small inset diamond that fall out. I bought my wife a .9 main stone; but the ring is 2.4 TW; Ramsey's in Metairie will replace all diamonds except for the .9, so I pay about $65 a year on insurance (which covers total replacement, loss, damage or theft) on the big stone.
This post was edited on 6/23/16 at 4:02 pm
Posted by TigerDeBaiter
Member since Dec 2010
10256 posts
Posted on 6/23/16 at 4:18 pm to
quote:

I messed up. Did the whole three month salary on it and now the ring is tuck away in a safe at home and she wears a band she paid 100 bucks for. She says I don't want to worry about damaging it so I could of really saved thousands


Get insurance for it. Covers everything and is not expensive. That way she can wear it and niether of you have to worry.

You should probably get it anyway I case of a burglary.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 6/23/16 at 7:50 pm to
quote:

This is false if you have a diamond that sparkles more than most.



"Sparkle" is more in the cut than the color.

I, like I'm sure most money conscious people here, did a lot of research and spent about 4 months shopping. Going past h is getting murky in color, but you can find a stone that was graded too strictly and get a deal. EGL is really bad at color grading though. They'll sell you a black diamond and call it a d. I seriously doubt you can tell a huge difference on anything h or better in GIA. Like you'd have to get two girls to put rings side by side on a white piece of paper. It's never going to happen.

Now with a 2 carat plus, it may be easier to see. Bet when you're spending that cash, you shouldn't pull any punches.
Posted by rilesrick
Member since Mar 2015
6704 posts
Posted on 6/23/16 at 8:30 pm to
2 months pay.......
Posted by BeYou
DFW
Member since Oct 2012
6023 posts
Posted on 6/23/16 at 9:57 pm to
haven't read the entire thread but I recently got engaged/married.

I spent 7000 on a Tiffany's ring in December. I thought it was steep but my expectations of costs was poor and don't regret spending that much at all.
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