Buy now and trade in later or just wait??

[Logan Sapphire]

My new obsession is an asscher right hand ring, very similar to the Daniel K or that amazing ring that Kaleigh is waiting for. However, saving up for it is going to be a sloooooooooow process

, probably 3 years or so. Should I buy a smaller stone now (perhaps another round) from a vendor with a solid trade-in policy and set it in a simple setting, and then trade it in for the dream asscher or should I just be patient and buy the dream ring when I have all the money upfront?

 

[Madam Bijoux]

Hi. I vote for being patient. If you buy something just for the sake of trading it in later, you're not likely to be happy with it. I would get a short-term certificate of deposit and keep reinvesting it or put the money in an interest-paying account until I'm ready to get the one I really want. Also, it's sometimes difficult to get a fair value for a trade-in.

 

[MINE!!]

I agree... Though I feel a bit like a hypocrite... I hate waiting.. and pateince is not one of my virtues... I think that you should wait and get exactly what you want. IMO

 

[Logan Sapphire]

Trust me, patience is definitely not my virtue when it comes to diamonds.

 

[Mara]

LS did you try this style on? I did last week and as amazingly beautiful as it was, it looked horrible on my hand.

I was REALLY disappointed (though hubby was not...he looked relieved when I told him)...because I would adore a RHR asscher.

 

[Logan Sapphire]

Mara, I have tried the Daniel K on numerous times, and loved it! Perhaps I should try again, though....(any excuse to visit my beloved Daniel K).

 

[Mara]

HEE well then sorry there is no hope for you or your budget.

I was kind of relieved when I tried it on (and sad too) but I really love the setting. It looked NOTHING like Lovey''s does on her beautiful hand. It was just really not working for my hand unfortunately.

 

[jcrow]

i am a fan of waiting in this case. It will feel well deserved and worth the wait once it finally arrives.

 

[LadyluvsLuxury]

I agree with waiting. Maybe investing the money that you would have spent on purchasing a smaller stone now.

 

[kaylagee]

Another vote for waiting here: I could have gotten a much better or larger oval if I hadn't been so hasty w/ the RB. Also w/trade-up, you're relying that the company will be open w/ the same policies still when you're ready. G-d willing they're still running and honoring trade-up but you never know. Better to save for exactly what you want. Mondera used to do trade-up(on their own diamonds) but stopped.

*I tried on a beautiful square emerald cut ring the other day but on me it was blocky and did nothing for my hand. (pout) I have to stick with ovals and rectangular shapes. Disappointing but educational.