Diamonds aren't a girl's best friend.

[icemink]

So over the last several months I've been considering selling a ring I inherited from my grandmother. I checked around with my family and everyone agreed it didn't have any sentimental value and it was okay if I sold it. So here's what I've discovered. Diamonds really aren't worth that much, in fact they have to be one of the most ridiculously overpriced things out there. My 8 year old car has retained more of it's value than this ring has. Sure when I got it appraised it was worth a lot, but that's only if you get it insured and it's stolen. Then they give you the replacement value. But to actually sell diamonds you're lucky to get half of what you've paid for it. (Of course I didn't pay anything for it. . . ) Basically half of what you're paying when you by a piece of diamond jewelry is all the middle men it's been though and all th 10% price increases they tacked onto it to make a profit. So just remember, if you ever need to turn you cash into a small portable form because you're running from the law, don't go diamonds. They are impossible to sell and get your money's worth.

In other news, I just enrolled in a Masters program. It's one of those online technology schools. Specifically Capella University. Of course I still haven't heard from UCLA so who knows, I may end up leaving this degree program, but I figure if I don't get into UCLA, pursuing my education through some other route can only be good. Plus my end goal with the particular degree is to eventually apply to the FBI. I'm not sure if that's what I want to do, but I figure it will take me two years to finish the program, so I might as well get started now so that if it is what I want I'll be ready.

Comments

[missus-grace.livejournal.com]

Wanna hear my diamond story?

When I was young a stupid I dated a guy who had no steady job/money. I got a credit card with him and he bought me a diamond solitaire "promise ring" (Not a big one, thank goodeness!) since he could never make payments on the credit card, I essentially bought myself that stupid ring. When we broke up I tried to sell it. I think I bought it for $380, and sold it for $75. At that point I just wanted to get rid of the damn thing.

Being in the FBI sounds like a cool goal. I think one of my high school classmates was with them for a while, but it was one of those "If I told you I'd have to kill you" deals, so I'm not sure what he did exactly :)

[icemink.livejournal.com]

Why is it always the guys who don't have a steady job that want to buy you stuff? I think I'm eventually going to go the e-bay route. There's some other stuff I've been meaning to sell on e-bay for a while now, so I'll use those minor items to get used to the process and work out the kinks, and then try selling the ring. That way some lucky person can get a cheep engagement ring, and I can get much more than I would with a dealer.

As for the FBI, it's something I've been thinking about for several years now, and I think it's time I started to pursue that.