- Joined
- Dec 7, 2004
- Messages
- 1,424
I have to think that "luxury" goods like diamonds, automobiles, home buying have to be affected by this stock market. It would seem many but not all would have the money for these purchases sitting in the market. If I had money in the market now, I would not want to withdraw it now because this will erode my balance much further than prices from 12/31/15. People I speak to are waiting for the market to go back up again, this may take time and anyone's guess.
I am wondering if anyone is delaying the reset, outright purchase of a diamond, due to the stock market? Or now looking at a smaller diamond. Also have to wonder if this will put some diamond dealers out of business.
I am wondering if anyone is delaying the reset, outright purchase of a diamond, due to the stock market? Or now looking at a smaller diamond. Also have to wonder if this will put some diamond dealers out of business.