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True Cost of Love

Compare Diamantine™ with Natural Diamond

 
  Natural Diamond Diamantineā„¢
Purchase Price $10,000.00  $160.00

Interest on Credit Card

15% 24 month  

$1,529.00 $0
Monthly payments 24 months $480.00 $0
Monthly savings contribution $0 $480.00
Gained Interest on Savings at 6.5%     $0 $816.00
Total 24 months -$11,529.00 $12,826.00
8 years at 6.5% interest on savings $0 $21,572.00
8 years resell value of Diamond $6000.00  
     
10 Year Total -$15,529.00  $21,412.00

With the simple model above you can see  the clear difference between purchasing a  natural diamond to purchasing a Diamantine.

Diamantine™ - Reducing the cost of love

Three months salary

We all know that we are expected to spend the equivalent of three months salary on an engagement ring. How do we know this? We believe what we are told by DeBeers.

Credit Cards 15% Interest

We also know that most people do not have the three months salary saved for the ring, the majority of diamonds for engagement rings are purchased with credit cards. The average interest rate is 15%.

Diamonds lose at least 40% of their value

Its a common belief that diamonds are a great investment, we all know this as we have been told this over and over again.

The fact is diamonds lose at least 40% of their value 1 minute after purchase.

see price of happiness above for more information on this.

Negative or Positive,  after 10 years.

The true cost of love is: The average person spends up to 3 months salary, paid for on a credit card, at an average interest rate of  15%.

It takes  2 years to pay off the credit card and the interest.

At the end the Diamond is worth 40% less than the purchase price.

If you purchased a natural diamond at $10.000.

on a credit card and made payments during 2 years at 15%.

The result is Negative:
Natural Diamond  - ($15,529.00) 

If you purchased a Diamantine, saved over a 2 year period what you would have spent on a natural diamond.

The result is Positive:
Diamantine         +$21,412.00

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