Because they were brainwashed into believing they’re somehow valuable and a good investment that retains its value, despite them actually being neither of those.
It’s funny because once the diamond is on the ring and sold it becomes worthless, the metal in the ring may be worth more than the stones after it leaves the store. I had thousands of dollars worth of diamond jewelry and could barely get a few hundred for it.
Boomers are buying diamonds - why?
Because they were brainwashed into believing they’re somehow valuable and a good investment that retains its value, despite them actually being neither of those.
It’s funny because once the diamond is on the ring and sold it becomes worthless, the metal in the ring may be worth more than the stones after it leaves the store. I had thousands of dollars worth of diamond jewelry and could barely get a few hundred for it.