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My friend's boyfriend grandma died and left her boyfriend around $700,000. My friend and her boyfriend have been together about 2 years and what does he propose to her with? a 10ct ring!!!!! I looked it up online and it retails at $200,000!!!!!!!!
HOLY! That is one hell of a ring!
Personally I would want another ring to wear sometimes too I would feel like i was a walking target to get robbed with that baby on.
It is pretty :) And since good jewelry is an investment it was actually a fairly smart way to spend part of his inheritance. Hope he has it insured, though :p
I LOVE big, chunky jewelry (I die for celebrity engagement rings!) but for some reason I'm not a fan of the one you posted. To each her own right?
Holy Moly! Is it wierd that I would be mad with him if he did that?
$200.000 is so much money! You can get a beautiful ring for so much less and then have the money to buy a house and raise a family!
$200000 is SO MUCH MONEY! He could have gotten her a $1,000 ring, the wedding of her dreams, AND the CAR of her dreams as a gift! LOL. The thing is my friend isn't too fond of it. She is more of a plain jane kind of girl. She would never have asked for a yellow diamond and being a Dr, the ring is huge! But she is nice and won't tell him any of that.
He did get ring insurance which I believe she said was another few thousand dollars
Holy cow!
I'm sure it looks awesome on her, but I would never ever want something so large. I have small fingers so if I had a ring like that on, I wouldn't be able to bend my finger!
Thankfully he didn't use all the money haha now at least they will have something to save up for a house with and so on.
I've never been a huge fan of yellow stones unfortunately, I like the antique look but I'd be trying to clean it all the time.
Also, where in the world will she find a band to look anywhere near normal with that thing on her hand? It will have to be custom-made, so add another hundred grand on there. Yikes.
wow it's amazing but i'd hate to actually wear that i've got a one c. ring it;s kinda bulky as it is i couldn't imagine 9 more added to that
Wow! Honestly, if my FI had that much money I would rather he get us a house :) But then again, I've never wanted a ring with a center diamond over a carat.
lol wow I wonder if its heavy on her hand!
I would have taken a 1,000 ring and a shopping spree and/or my own house. But i'm sure that was a huge and wonderful shock for her!
Holy moly! It's a pretty ring, but I'd rather drop that chunk of cash on a house or something. :)
Ha ha. 10 carats? I can't really wrap that around my head being that I am more of a less than 1 carat girl myself but she'd fit right in with the ladies of New York.
Holy mother. That thing is huge but also beautiful. I agree with the poster who said she'd feel paranoid about wearing that on a daily basis. I feel like that would make you a high probability target! I guess it's all relative... he did get $700,000 after all, so even the $200,000 ring leaves them with quite a bit left over.
Whoa! Hopefully he was doing really well before the inheritance; I'd kill my husband if he blew that much money on a piece of jewelry! ;)
Gosh, I'd be afraid to wear it for fear of losing it or getting mugged...
It is a fairly good way to invest money from both an emotional and economic stand point...what a lucky lady! Hope it is insured and the marriage is as wonderful as the ring!
funny,now that is a proposal story to hear.
Now what would happen if the wedding gets call off.
Wow, with $700K, I'd buy a house in Florida, a boat, and invest the rest! And a few grand on the ring, yes; but I think I'd shoot fiance if he spent $200K on a ring!
@abbyful:shooting him would not be a good idea before marriage - she would need to lock in the inheritance first...
End of awful sarcasm!
I think he meant well, but that's not a smart way to spend his money. I'd be concerned about marrying someone who made a financial decision like this.
As for the investment. Diamonds are not a good investment at all. They have a low resale value. And she'd have to want to sell it in the first place.
I was going to say the exact thing, however not sure of others sense of humor but I agree. Here in California the deal is not sealed until the couple is married , infidelity, or the other partner breaks the relationship.
eGB its wonderful to know that there are others like me out there
@beatriz:Good to know at least one person reads my comments the way they're intended..! I know I have to be careful, but sometimes it's too hard, and I AM joking..
HOLY CRAP! I wouldn't feel safe with that ring. I would feel like I was going to get mugged for something.
Holy hannah! Okay but if my FI came into that amount of money and then spent nearly 1/3 of it on my ring I freaking kill him!!! I mean, to each their own, but wow, that's not exactly an investment with an annual dividend...
I did get some crude remarks from others, however I like to play it on the light hearted humoristic side.
We say it as we read it...
I think that shows poor fiancial sense. To me, that is a sign of financial troubles to come. If I was the FI, I would RUN BABY RUN...
I'm sorry to bust people's bubble but jewelry is NOT an investment, the retail markup is so high... the resale value of this stuff is a fraction of the original cost - even for antiques. Even gold jewelery can't command its own weight in gold value in most cases.
I am sure no one will mug her for it, because people will just assume it's fake.
I love me some big flashy jewelry but I would kill my SO if he spent that much of his inheretance on a ring. I would rather have a house and a nest egg, (and a wedding + honeymoon). Like some previous posters have mentioned, I would be seriously worried about his financial responsibility and what was to come.
I'm with those who said they'd want an engagement house, haha! But that will certainly be an amazing piece of heirloom jewelry for their family!
I have to disagree the only metal that keeps its value is gold besides plantinum. When this recession hit many people began investing in gold and plantinum stocks even though the price to acquire a stock was sky rocketing.
The price for ounce for gold in 2008,2009, and 2010 was $1000 an ounce not sure what it is right now. However when you sell your jewelry they ripe customers off because they are selling because of financial burdens but the sale/ resale value is high per ounce .
My brother has investments so he is always drilling me about investing in the stock market
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