Girl I know makes jewellry. She lived in London and TO and used to go down to the gem district to get stones. I always wondered how so many people got a "smoking deal" on their rings; she informed me that the regular markup on jewellry is 800%. Makes sense that there are lots of deals to be made.
I also think its funny talking to a bunch of people that spend $2k-$8k on something that is worth only $250-$1000. Scam.
Spend what you're comfortable with, but don't tell people about it, makes you look like a rube.
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