[ako]

Jewelry is not unpractical, it's like an insurance for bad times. When shit hits the fan you still have your jewelry to sell.

[ben_w]

That used to be true, but now, and specifically with diamonds, not so much: https://www.brightonsavoy.com.au/why-does-a-diamond-have-no-....

[fsflover]

Which is why you should not buy diamonds.

[ben_w]

One reason why.

I've been tempted to try making them at home since about 2007, but for some reason all the different people I've lived with since then have objected to me running a lightly modified microwave oven continuously for a month at a time, with a few holes in the heating cavity so I can install an inverted pyrex bowl and pipes to connect it to a low-pressure methane supply system…

[blindhippo]

But when you meet that person who is totally into it, they are gonna be iced out the wazoo in custom made bling.

[coryfklein]

I mean, sort of? The median woman who wants the gorgeous diamond ring from her husband is NOT thinking “This will be great insurance in case we become destitute”. Because everyone knows the resell value is terrible! Worst return on an insurance policy ever.

They want them because they are pretty and because – like it or not – it’s what society has taught them to expect.

[ako]

Don't know, gold still seems to be wanted when financial times are uncertain.

[20after4]

Unfortunately, the diamond doesn't fetch much when you go to sell it.

You'll get the value of the gold in the ring but not much for the gemstone.

[meiraleal]

In this case the ex-poor wifes bought by rich men will have a jewelry to sell in the case of a breakup