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Serious Diamonds are forever, The most romantic stones

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LittleGhost
post Apr 29 2009, 09:29 AM

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QUOTE(Bishop @ Apr 29 2009, 04:15 AM)
I believe the confusion is in the term "investment".
"Investing is the active redirecting resources from being consumed today so that they may create benefits in the future; the use of assets to earn income or profit."
http://en.wikipedia.org/wiki/Investment#cite_note-1

But when you say investing in CD players and motorcycles, then i think you have confused everyone on the term investment. Thoose are doodads. Those so called investments are self gratification in nature and have no inherit value other than to the initial purchaser. The word "investment" used in the purchase of those luxury items are used very loosely. It is just post justification of spending large sums of money.

So if you are comparing doodads as a means of investment with diamond, I see why you would say that it is a "damn good investment", because those other things are not what we would call investments. They are called spending money.  rolleyes.gif

So Silverhawk, like i said in my earlier post, she has a simplistic interpretation of the term investment. So when you talk in terms of ROI, it is not relavant as she compares her diamonds to HiFi's and motorcycles as means of investment. In that sense it is really damn good.  thumbup.gif
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The issue is with she's still grasping her ego and not keen to learn/admit her own faults when it's obvious people are proving her wrong with the proper facts.

If you want to educate people, at least be humble enough to accept and learn your own mistakes.


LittleGhost
post Apr 29 2009, 10:28 AM

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QUOTE(kenji1903 @ Apr 29 2009, 10:22 AM)
the term investment is too general... Kiyosaki calls the house you are staying a liability even though one have fully paid it... why? because you still need to pay for maintenance... but banks/accountants calls any property an asset, regardless if its making/loosing money...

so Moorish's "investment" term is really her point of view... and there's no right or wrong about it...

this is a forum and some readers might have their own definition of investment... so don't get do heated up, after all, we're all here to have fun and share thoughts, right? smile.gif

also... something you bought 10 years ago for a low price and able to sell for a higher price now does not necessarily mean you made money...
e.g. a house you bought 100k 10 years ago and sell at 300k does not mean you made 200k... the current market price for a house is already 300k so, you practically didn't make anything... you are considered making money if the current market price for the house is 250k because you still have extra cash after buying the new house... that's my personal definition... chill smile.gif
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it's claiming you can earn 10x while the real truth is that you arent that isnt right.
LittleGhost
post Apr 29 2009, 10:42 AM

臭小鬼
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Senior Member
4,234 posts

Joined: Nov 2004


QUOTE(moorish @ Apr 29 2009, 10:30 AM)
I think I mention you can sell 10X the price you bought right?
And seriously do you expect an expert financial officer to sell diamonds?
If you think it isnt worth the money or it is not worth an investment...that is you
to me it is very good.

We had just went thru this arguement 2 days ago, pls reread instead of argueing the same thing here all over again.
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despite all that disagreement, I voted yes because I wanted to learn how end users should look at diamonds.

But the point where you started spreading "lies" that deviates from the original intent of this thread, it becomes a turn-off.

EDIT: Oh and you are not earning 10x figure. Please, if you want to educate, it's for the mass, not for you. If you want this thread to be your own personal delusion, keep it to yourself. This is not the way to share/educate when you're only selfishly considering yourself.

This post has been edited by LittleGhost: Apr 29 2009, 10:54 AM

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