They don't just look purer, they are purer!

The problem is that rich people have been fleeced by diamond sellers for so long that they over value the "story" of a diamond (IE, carbon forged into a diamond over millennia etc etc. as a symbol for love blah blah).

The only reason they're expensive is artificial scarcity. De Beers only let a limited supply on the market each year. Diamonds themselves really aren't that rare at all

The struggle is real

Milk too. I only need milk for my cortados, so often end up with way too much milk. Usually end up making some milk cakes.

It’s why I buy mostly canned veggies.

Bruh I wished cars lost 50% of their value when they drove off the lot. Have you tried to buy a used car recently?

I bought a 2015 Mitsubishi in 2018 for like 12k USD and it’s worth more now than when I got it.

That’s not usual though, it’s because of COVID. And the fact that somehow it’s fully loaded and low mileage for that price—I think that might have been a mistake.

Generally true, but sometimes you get lucky: I bought a fully loaded Camry in mid 2021, heavily discounted, because it was one of the last previous year model cars they had in the country and at 0% apr for the duration of the 3 year loan. This was right before shortages started and inflation skyrocketed. As a result its value on the used market stayed over what I paid for 3 years and even now it's lost only about 10-15% of the purchase price.

Assets and investments are not the same. End thread

Maybe if you buy a Kia. Most cars barely depreciate in the first 3 years. Once leases turn in they drop a bit, but still not to 50% of their value. Shit during the pandemic my 3 year old car was worth more than what I bought it for. Things have improved, but they’re not to pre pandemic pricing.

Kia’s and Hyundais also aren’t depreciating as badly as they used to. But they’re still pretty bad, only being rivaled by the high end luxury cars.

This is my logic too. I own my house but have been leasing a new car every year for over ten years now.

I was kind of skeptical at first but for now I think it works out for us.

It is wild to me that anyone would call those things assets.

They are toys.

Wonderful toys, but still toys.

Eh Diamond is okay, as long as it's artifical. Better clarity and color, not contributing to the blood diamond trade, and a fraction of the price.

That being said, there are a ton of other prettier gems anyway, diamonds are boring as fuck.

The prices I'm seeing people trying to flog their 6th gen i3, RTX 960 computers on Facebook marketplace beg to differ. Absolute dreamers in the used market for tech.

He wasn't buying twitter, he was buying the presidency and it worked.

Not Bad Dragon, those can be resold for a good percentage of their new price!

Nah, a well done custom will retain most of its value provided we arent talking about hyper individual customisation. Theres a lot of dead time involved in a well executed custom and theres a value to it being already done that a lot of cashed up people are willing to pay a premium on that offsets the outlay, You usually wont make money though.

facts are always backed by numbers*

9/10 bolded statements are true.

* this fact isn't backed by numbers