How Much For an Engagement Ring?

[quote]Renton wrote:
Nanan wrote:
Renton wrote:
Nanan wrote:
I sold it and used the money as a down payment on my 07 VW GTI.

Good call. You got pics? Of the car or the ex? Preferably both.

The girl? no I deleted them all off of my computer. Car yes.

blast it, what form of code tags does this web forum use?

Nice. The Kwaka yours too?[/quote]

Yea I just got the Kawasaki last friday, problem is I let my old motorcycle lic go to long without renewal so I have to retake the damn test, so the bike sits for now.

[quote]Polish Rifle wrote:
I do have 2 kids though… Not sure how that happened.
[/quote]

Well… A mummy and a daddy who love each other very much…

Oh - err - sorry - was that a joke? :stuck_out_tongue:

[quote]Renton wrote:

Well… A mummy and a daddy who love each other very much…

Oh - err - sorry - was that a joke? :P[/quote]

Sometimes reality is quite funny actually…

Let’s just say I shoot live rounds.

We didn’t do an engagement ring. Instead, I bought stocks and got a joint bank account. Although we both wanted this, a lot of people looked down on our decision. This is probably why most people are broke as hell.

[quote]AlteredState wrote:
NeelyDan wrote:
I don’t know of too many girls who, when in an honest relationship, would have a rock as their top priority.

I also don’t really understand the whiff of attitude I sense when someone who chooses not to spend a lot speaks of someone who made the decision to spend a significant amount.

I can’t peg it…but there’s a certain air to some of these posts.

I guess I do look down a little on people who allow themselves to be pressured into spending a fortune that they cannot afford on something they don’t need.

I suppose actually that I feel sorry for them more than ‘look down’ on them.[/quote]

I thought the same thing about the whiff of attitude.

My wife is the least materialistic woman I have ever met. I purchased the ring ($16,000) on my own without her knowledge or input on the size, type, etc.

I never felt pressured and not sure how you can assume I or anyone else that spent money on a ring can or can’t afford something. With a household income of $250,000 in my late 20’s at the time of purchase, no debt outside of mortgage, and twice that much invested in the stock market I think I could afford it.

I actually find it interesting that you are a level 4 member of T-Nation which makes me wonder how much you spend yearly and what you make.

[quote]74 wrote:
AlteredState wrote:
NeelyDan wrote:
I don’t know of too many girls who, when in an honest relationship, would have a rock as their top priority.

I also don’t really understand the whiff of attitude I sense when someone who chooses not to spend a lot speaks of someone who made the decision to spend a significant amount.

I can’t peg it…but there’s a certain air to some of these posts.

I guess I do look down a little on people who allow themselves to be pressured into spending a fortune that they cannot afford on something they don’t need.

I suppose actually that I feel sorry for them more than ‘look down’ on them.

I thought the same thing about the whiff of attitude.

My wife is the least materialistic woman I have ever met. I purchased the ring ($16,000) on my own without her knowledge or input on the size, type, etc.

I never felt pressured and not sure how you can assume I or anyone else that spent money on a ring can or can’t afford something. With a household income of $250,000 in my late 20’s at the time of purchase, no debt outside of mortgage, and twice that much invested in the stock market I think I could afford it.

I actually find it interesting that you are a level 4 member of T-Nation which makes me wonder how much you spend yearly and what you make.
[/quote]

I’ll go further than “a whiff of attitude”. You overpaid for an item that has very little value outside of its industrial uses ()and I assunme she doesn’t use it to cut stone). Your annual income doesn’t mitigate this at all.

Congrats on the astounding misallocation of resources.

And if your wife was as unmaterialistic as you claim, she would have told you off for the waste of money. If you feel an expensive gesture is romantic, a donation to charity could have done nicely. But clearly, the status symbol was more important to you.

[quote]Aleksandr wrote:
74 wrote:
AlteredState wrote:
NeelyDan wrote:
I don’t know of too many girls who, when in an honest relationship, would have a rock as their top priority.

I also don’t really understand the whiff of attitude I sense when someone who chooses not to spend a lot speaks of someone who made the decision to spend a significant amount.

I can’t peg it…but there’s a certain air to some of these posts.

I guess I do look down a little on people who allow themselves to be pressured into spending a fortune that they cannot afford on something they don’t need.

I suppose actually that I feel sorry for them more than ‘look down’ on them.

I thought the same thing about the whiff of attitude.

My wife is the least materialistic woman I have ever met. I purchased the ring ($16,000) on my own without her knowledge or input on the size, type, etc.

I never felt pressured and not sure how you can assume I or anyone else that spent money on a ring can or can’t afford something. With a household income of $250,000 in my late 20’s at the time of purchase, no debt outside of mortgage, and twice that much invested in the stock market I think I could afford it.

I actually find it interesting that you are a level 4 member of T-Nation which makes me wonder how much you spend yearly and what you make.

I’ll go further than “a whiff of attitude”. You overpaid for an item that has very little value outside of its industrial uses ()and I assunme she doesn’t use it to cut stone). Your annual income doesn’t mitigate this at all.

Congrats on the astounding misallocation of resources.

And if your wife was as unmaterialistic as you claim, she would have told you off for the waste of money. If you feel an expensive gesture is romantic, a donation to charity could have done nicely. But clearly, the status symbol was more important to you.[/quote]

Don’t be jealous!!! I make more than you, have more to spend than you and you don’t like it!!! As stated previously in this thread, a different poster mentioned that value of his ring has already increased. As has the value of the ring I have purchased. Just like the price of gold has increased, so has the value of platinum and the diamond.

Regarding the charity, we donate plenty every year, more than most people give in a lifetime.

Again, don’t be jealous it really is unbecoming!!!

It’s always more romantic when the guy has to do something really bad like rob a church so he can scrape together 400 bucks to buy a ring for his baby momma.

[quote]74 wrote:

Don’t be jealous!!! I make more than you, have more to spend than you and you don’t like it!!! [/quote]

Dood…it’s the intraweb…arguing about annual income is akin to penis size and max deadlift…get over how rich you are online.

[quote]74 wrote:
Aleksandr wrote:
74 wrote:

I’ll go further than “a whiff of attitude”. You overpaid for an item that has very little value outside of its industrial uses ()and I assunme she doesn’t use it to cut stone). Your annual income doesn’t mitigate this at all.

Congrats on the astounding misallocation of resources.

And if your wife was as unmaterialistic as you claim, she would have told you off for the waste of money. If you feel an expensive gesture is romantic, a donation to charity could have done nicely. But clearly, the status symbol was more important to you.

Don’t be jealous!!! I make more than you, have more to spend than you and you don’t like it!!! As stated previously in this thread, a different poster mentioned that value of his ring has already increased. As has the value of the ring I have purchased. Just like the price of gold has increased, so has the value of platinum and the diamond.

Regarding the charity, we donate plenty every year, more than most people give in a lifetime.

Again, don’t be jealous it really is unbecoming!!!

[/quote]

Exclamation marks won’t make what you did any less of a misallocation of resources. Your charitable contributions don’t make spending 16k on a ring any less wasteful.

Your argument that it has “increased in value” is laughable, since I doubt anyone is willing to buy your wife’s engagement ring for anywhere near appraised value, and this is without considering the opportunity costs of the purchase.

You spent enough money to provide for a family for a year on a product that is entirely unproductive, and helps no one. The only utility it provides is that it signals your wealth (although it seems you do plenty of that, yourself).

Your compulsion to spend money on a status symbol that satisfies no other physical, emotional, or psychological need is kind of pathetic.

But it isn’t surprising, given the ego jerk-off you just gave yourself.

By the way, you ought to look into how much folks with PhDs in business earn. Also look into how much therapists make.

[quote]Aleksandr wrote:
By the way, you ought to look into how much folks with PhDs in business earn. Also look into how much therapists make.[/quote]

I’m starting to think I made poor life choices.

[quote]Aleksandr wrote:
74 wrote:
Aleksandr wrote:
74 wrote:

I’ll go further than “a whiff of attitude”. You overpaid for an item that has very little value outside of its industrial uses ()and I assunme she doesn’t use it to cut stone). Your annual income doesn’t mitigate this at all.

Congrats on the astounding misallocation of resources.

And if your wife was as unmaterialistic as you claim, she would have told you off for the waste of money. If you feel an expensive gesture is romantic, a donation to charity could have done nicely. But clearly, the status symbol was more important to you.

Don’t be jealous!!! I make more than you, have more to spend than you and you don’t like it!!! As stated previously in this thread, a different poster mentioned that value of his ring has already increased. As has the value of the ring I have purchased. Just like the price of gold has increased, so has the value of platinum and the diamond.

Regarding the charity, we donate plenty every year, more than most people give in a lifetime.

Again, don’t be jealous it really is unbecoming!!!

Exclamation marks won’t make what you did any less of a misallocation of resources. Your charitable contributions don’t make spending 16k on a ring any less wasteful. Your argument that it has “increased in value” is laughable, since I doubt anyone is willing to buy your wife’s engagement ring for anywhere near appraised value, and this is without considering the opportunity costs of the purchase.

You spent enough money to provide for a family for a year on a product that is entirely unproductive, and helps no one. The only utility it provides is that it signals your wealth (although it seems you do plenty of that, yourself).

Your compulsion to spend money on a status symbol that satisfies no other physical, emotional, or psychological need is kind of pathetic.

But it isn’t surprising, given the ego jerk-off you just gave yourself.

By the way, you ought to look into how much folks with PhDs in business earn. Also look into how much therapists make.[/quote]

Keep crying, make sure you get the orders with the fries correct.

[quote]sen say wrote:
74 wrote:

Don’t be jealous!!! I make more than you, have more to spend than you and you don’t like it!!!

Dood…it’s the intraweb…arguing about annual income is akin to penis size and max deadlift…get over how rich you are online.[/quote]

Not arguing, just stating that people shouldn’t tell others how to spend the money they make. Not worried about how rich I am online or in real life.

I don’t care how much you did or didn’t spend on a ring for she-say, I know you were providing the amount for reference as that was the OP’s question. It is up to you personally, as is it up to everyone who makes a purchase/any purchase how much they spend for something.

I just found it interesting how judgemental people are on how others spend their money. I didn’t judge those who didn’t spend a lot on a ring as cheap (which I don’t think), so why should I be judged as stupid for spending the amount I could afford. I have no credit debt, no car loans, have invested well in the market, and felt this was an amount I could afford.

Again, not arguing just wondering.

[quote]nephorm wrote:
Aleksandr wrote:
By the way, you ought to look into how much folks with PhDs in business earn. Also look into how much therapists make.

I’m starting to think I made poor life choices.[/quote]

Me too. A few days ago, a good friend of mine made nearly 2 million dollars playing poker!

Just buy one from another idiot who thought he was in love

[quote]74 wrote:
sen say wrote:
74 wrote:

Don’t be jealous!!! I make more than you, have more to spend than you and you don’t like it!!!

Dood…it’s the intraweb…arguing about annual income is akin to penis size and max deadlift…get over how rich you are online.

Not arguing, just stating that people shouldn’t tell others how to spend the money they make. Not worried about how rich I am online or in real life.

I don’t care how much you did or didn’t spend on a ring for she-say, I know you were providing the amount for reference as that was the OP’s question. It is up to you personally, as is it up to everyone who makes a purchase/any purchase how much they spend for something.

I just found it interesting how judgemental people are on how others spend their money. I didn’t judge those who didn’t spend a lot on a ring as cheap (which I don’t think), so why should I be judged as stupid for spending the amount I could afford. I have no credit debt, no car loans, have invested well in the market, and felt this was an amount I could afford.

Again, not arguing just wondering.

[/quote]

The misallocation of resources harms society. Without demand for useless products, the energy and labour used to manufacture, transport, and sell this product could have been instead used to produce something useful.

At the individual level, the money you used to make this purchase could have instead been used to purchase productive resources, awhich would have increased the amount of money you would have to spend on goods and services that aren’t useless.

But if you feel the marketing campaign to make diamond rings standard was so brilliant that it deserves to be rewarded, by all means, mismanage the resources you were lucky enough to get to control.

Way to derail the thread. Luckily a bunch of people already gave the OP good advice.

[quote]GhorigTheBeefy wrote:
Way to derail the thread. Luckily a bunch of people already gave the OP good advice.[/quote]

What’s the derailing? Many posters are suggesting that he flout De Beers’ guidelines (2-3 months pay) because they are unreasonable. My suggestion is just an extension; the entire idea that you need a diamond engagement ring- an idea that also comes from De Beers -is itself unreasonable.

[quote]Aleksandr wrote:
GhorigTheBeefy wrote:
Way to derail the thread. Luckily a bunch of people already gave the OP good advice.

What’s the derailing? Many posters are suggesting that he flout De Beers’ guidelines (2-3 months pay) because they are unreasonable. My suggestion is just an extension; the entire idea that you need a diamond engagement ring- an idea that also comes from De Beers -is itself unreasonable.
[/quote]

You douchebag and one where this place thinks of that it is to be troubled. To tighten sexual intercourse, because the legs to inconvenience, are the boring, because the characteristic where the person has been attached possessing and really we would like to fail with compilation of the friend, the fact that this thread your being attached with respect to the haughty attitude which you developed is made ruinous should stop.

I spent about $9k for the ring and setting. At the time I made $140k.