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.
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.
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."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.
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.
If you want to educate people, at least be humble enough to accept and learn your own mistakes.
Apr 29 2009, 09:29 AM

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