Very, very Poor expenditure for most young couples at the worst time possible. Diamonds cant even be called and investment except for the most knowledgable collectors.
I agree. I bought my wife a 1/2 carat and used the rest of the money to help pay for a new house of which it's equity is far greater than the increase in value of her diamond.
We paid off our wedding / college debts. Every 3-5yrs I seem to upgrade it by 1/2 carat as we become more and more secure but only because I want her to have (cause she deserves) nice things...not for investment purposes. Don't forget...I also have 4 kids to put through college.
Honestly, most women are happy to get most anykind of ring if the guy asking is her true love. Knowing that your loved and wanted forever is usually good enough
. If I asked a girl to marry me and she complained about the ring....uh....I'd have to re-think my proposal.