Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Lifestyle

>> FASHION SHOW Latest News

MAR 20, 2013 - Business Insider

A Must Read - Share

Diamonds Are A Sham And It's Time We Stop Getting Engaged With Them

“Yeah, they say three years’ salary.” -- Michael Scott, The Office American males enter adulthood through a peculiar rite of passage - they spend most of their savings on a shiny piece of rock. They could invest the money in assets that will compound over time and someday provide a nest egg. Instead, they trade that money for a diamond ring, which isn’t much of an asset at all. As soon as you leave the jeweler with a diamond, it loses over 50% of its value.  Americans exchange diamond rings as part of the engagement process, because in 1938 De Beers decided ... Read More

Tags: Diamonds Are A Sham And It's Time We Stop Getting Engaged With Them,  Fashion Show Latest News