[anonu]

There is a bit of a cultural signaling to your future wife to say you are financially competent/stable that you were able to buy a diamond ring. Now you need to switch the narrative to say actually I didn't spend so we could buy an index fund instead.

I don't buy the flawless argument in the article. I think people look for some flaws in diamonds. A perfect rock would look "fake".

The big change since 2006 when the article was written is that there are manufactured diamonds now.

[master-lincoln]

> There is a bit of a cultural signaling to your future wife to say you are financially competent/stable that you were able to buy a diamond ring

In modern cultures I would assume the couple already knows each other and their financial situation before marrying. So why waste money on richness signaling especially if you are not rich?