do you girls prefer diamond or LV bags?

LV all the way! Not much of a jewelry person and diamonds are marked up some crazy amount (like 7 bazillion percent...an exagerration but it is a high markup) and thus have a crazy depreciation.
 
One can never get enough LV. And if you were a smart shopper you wouldn't buy diamonds from a high end retailer that is just plain:P. Plus you can't compare the two.