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How old are you? You're an adult from what I assume. He has no control over your earned money, no matter what he tells you, it's yours and you can spend how you choose. However, I don't really understand why you are buying this style of ring on your own to just wear. What if you fall in love and want to get married? Would you use this ring as your engagement ring? Or would you want a new one from your intended spouse? If you wanted to get a right hand ring to wear I would go back to the flower style one you were looking at, if for no other reason than affordability.
 
I'm 20.

Yes, I know it's weird and I HATE it!!

I've already got the flower ring (he found it out that I bought it and was really mad at me!!)

Yeah.. I don't know.. I'd probably choose another ring or a bigger diamond! However, I don't think that I will marry some day ;) There are so many divorces..
 
Not marrying shouldn't stop him from buying you bling ;) haha!

I don't entirely disagree with your dad that its not a wise investment, diamonds are NOT a good investment, but you are pretty young for such a large purchase, especially for something that will not resell later very well, you won't make back what you pay for it later. You would likely be locked into a trade with the seller. It is your money to spend how you see fit, but I find this to be more of a couple purchase, and less of a young single hottie purchase.
 
Do you live with your parents? Are you dependent on them? If so, I think he has a right to be a part of the discussion about purchasing big items. I also don't think I understand why you want to buy an engagement ring if you're single. Can you tell us more about that?

And just to reiterate what ame said--diamonds are NOT an investment. Despite the price increases, you are likely to never get back what you paid for a diamond.
 
True, it if you don't ever want/try to sell it, it's a personal investment. It's just not something easily resold, so it's not liquid like other things could be.
 
Do you live with your parents? Are you dependent on them? If so, I think he has a right to be a part of the discussion about purchasing big items. I also don't think I understand why you want to buy an engagement ring if you're single. Can you tell us more about that?

And just to reiterate what ame said--diamonds are NOT an investment. Despite the price increases, you are likely to never get back what you paid for a diamond.
You'd be lucky to get even a small percentage.

But that first part is where you have me hung up on this purchase. You live at home from what I gather, and he does have every right to have a say about where you spend your money if you are living there rent free.
 
we are really not trying to make you feel bad about your want for this ring, we just want you to not waste or overspend on something like this, especially in this economy, and even moreso if you're still living at home and this will cause issues with your family.
 
Well, yes I live with my parents. But I plan to move out within a few years. I offered them to pay something like a rent, but they don't want me to pay this.

Yeah.. I don't know if it's a good idea. I could buy some other jewelry instead of this ring, I'd probably get lots of high-quality jewelry for 10,000 $.

I've already got two rings from Tiffany

http://www.tiffany.com/Shopping/Ite...+1-c+-r+-x+-n+6-ri+-ni+0-t+flower-k+&search=1

http://www.tiffany.com/Shopping/Ite...+2-c+-r+-x+-n+6-ri+-ni+0-t+flower-k+&search=1


I love both of them! Do you think that a classic ring such as the Tiffany Setting is much more beautiful than these rings?
 
Sure, you could buy lots of high-end jewelry for $10k. But I'd wait and save the $10k for when I moved out. It seems like this money is burning a hole in your pocket and I'm not sure what the rush is to spend it.

IMHO, the two rings you linked to are gorgeous and much more appropriate for a single 20-year-old living at home.
 
No I don't think they are less beautiful or more beautiful than the engagement ring, because they are totally different types of rings that I wouldn't compare to each other. I think of the Tiffany setting as an engagement ring, and less of a fashion ring, which is what those two rings are. And if you just bought those two rings, which are not cheap at all, I don't see the "need" to spend 10k on an engagement ring right now when you have two new Tiffany diamond rings that you can wear.

You're right, you could get more jewelry for that price, I think we're just trying to understand why you want to spend that much money right now. If you spend that 10K now on jewelry, you're spending money that can go towards your own place, and furnishings for it. It's 10K more towards your own place and your own decisions on what you can buy without your parents interfering.

You don't have to listen to us, we're just trying to save you money, and maybe our age and experience will help you. I don't want you to buy this thing and then regret it in a year or two. You think you won't but things I did at 20 I want to forget so much, and things I bought at 20 are long thrown out or sold off--jewelry included.
 
I agree with what the other ladies have said. I believe that a large part of the beauty of the Tiffany Classic Setting engagement ring is that its an engagement ring and represents a couple and love and commitment. As just a regular fashion ring, its pretty boring and ho-hum in my opinion. (and I have one!) I also think that it is a somewhat inappropriate choice for a single 20 year old gal. I would think that it would turn away prospective suitors and get you alot of questions about when you're getting married. If I knew that the girl wearing one was single, I would also probably assume that it was CZ since it really doesn't make sense to me why a girl would buy one for herself.

If you're just looking to buy a pretty ring in the 10k range, you should check out the VCA posts in this forum. They have some GORGEOUS rings that would probably actually hold their value alot better than a Tiffany Solitaire just because they trademarked designs that are not easily/often faked.
 
Or a REALLY nice watch, maybe a Cartier Ballon Bleu or something. Something automataic that will last a lifetime and be a good marker for you in your life.
 
Thanks for all answers!

Maybe it's a good idea not to buy it.. my other rings are quite beautiful and 10k is pretty much money.

I absolutely love my two rings but do you think they will be out of fashion some day?

Do you know if such high-quality jewelry (such as those rings or other jewelry made of 18k gold, platinum..) lasts a lifetime or will it lose its shine??
 
Thanks for all answers!

Maybe it's a good idea not to buy it.. my other rings are quite beautiful and 10k is pretty much money.

I absolutely love my two rings but do you think they will be out of fashion some day?

Do you know if such high-quality jewelry (such as those rings or other jewelry made of 18k gold, platinum..) lasts a lifetime or will it lose its shine??
Here is the picture I get after reading all your postings:
You don't pay any rent yet and I guess your parents also pay for your meals at home, for gas, electricity, internet etc. Your father supports you in many ways, even though you don't pay a rent.

It seems weird that a 10K is of more importance than your independency.
Compared to people your age who pay for their living, you did earn 10K but would not have them because you would have to spend the money for living costs.
If you start now spending so much money, it will be hard as soon as you have moved out and have to pay all your bills to keep the entry level (10K for a single piece of jewellery).
Try to calculate how money you would have left if you were living on your own and depending on your income alone, you will figure out if a 10K ring is appropriate.

Why not save the money and rent a place, move out and start an independent life?

And the worst idea of all would be to rush with the decision, only because prices are going up.
It's like people shopping at Tiffany's only because prices were going up. you would save much more money if you buy nothing at all.

I don't think it's a good idea to compare your lifestyle with your father buying a new merceded every 3 years and it does not justify anything. My FIL does the same - you get the most money at that time, it is a clever way to keep new cars without having to pay too much because the sellers buy the 3year old car back for a decent price.

Have fun, dealing with your luxury-problem. Don't foget: you don't have any problem, just lots of money!

If I were you I would keep the finger free for a future e-ring. :-)
 
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