Plies says that Jewelers laugh at us and call us stupid behind our backs

[O.T.I.S.]

The fukk is this a pendant of? A fishhead?

An iron

 

[REdefinition]

 

[Rollie Forbes]

Of course they do. Imagine wasting a large part of your extraordinary generational wealth on jewelry.

Depreciating jewelry, at that.

 

[CashmereThoughts]

whats real about it is hes criticizing himself. he not just calling others out. he's right

 

[Rollie Forbes]

Jewelry can be a good investment as long as you didn't overpay.

Not those gawdy custom pieces that rappers & athletes buy, though. Those pieces (think Boosie's cereal box, NORE's Newport pendant, and Rick Ross's face pendant) are VERY hard to resell once they go out of style. A lot of times, the stones (if real) get removed, and the pieces get melted down.

 

[hashmander]

Jewelry can be a good investment as long as you didn't overpay.

it's never a good investment. it's like buying a mansion or high end car and then spending almost as much customizing it to your tastes ... big gold gold plated gate with your name on it, etc etc. the next buyer doesn't give a shyt about that and you're not getting a premium for it. the source material for these pieces have value, but the additional costs involved in turning the valuable materials into a piece (that craftsman's labor) will not have value to someone else. that's your costs, you eat that.

 

[SleezyBigSlim]

it's never a good investment. it's like buying a mansion or high end car and then spending almost as much customizing it to your tastes ... big gold gold plated gate with your name on it, etc etc. the next buyer doesn't give a shyt about that and you're not getting a premium for it. the source material for these pieces have value, but the additional costs involved in turning the valuable materials into a piece (that craftsman's labor) will not have value to someone else. that's your costs, you eat that.

True but you still get something for it. There's gold buyers all over town.

 

[Professor Emeritus]

Jewelry is hardly ever a good “investment”. It’s one of the biggest scams out there.

It's like a new car, depreciates 40% the moment you take it out of the store.

Diamonds especially are the biggest scam. They got mad storage vaults with millions of diamonds just to keep them off the market cause they don't want it to get out that diamonds aren't even rare. They weren't even in that much demands until Debeers started doing the ad campaigns in the 1940s.

 

[Sccit]

WHAT U MEAN “US” OP?

U A PLATINUM RAPPER??

 

[Standing on business]

WHAT U MEAN “US” OP?

U A PLATINUM RAPPER??

“US” is the word plies used so I was quoting him

 

[Sccit]

“US” is the word plies used so I was quoting him

HE WAS TALKIN BOUT RAPPERS

U DIDNT USE QUOTATIONS IN
YOUR TITLE SO IT LOOKS LIKE U THINK HE’S TALKIN BOUT U

 

[hashmander]

True but you still get something for it. There's gold buyers all over town.

then that's exactly why it's not an investment. an investment is something that should appreciate in value. if it's something that "well you can still get something for it" then it's a depreciating asset.

 

[Master Teacher]

only nikkaz who ain't poppin saying shyt like that because they can't stunt no more

how you gonna tell a nikka what to spend on himself

Who else gonna spend money like that with these jewelers besides rapper

 

[Big Boss]

They don't laugh at "us".

They laugh at dumbazz rappers that spend $250k on a single necklace and $50k more on a pinky ring. 99.9% of black people aren't doing that.

Merchants and loan officers also laugh at tall, chunky, loudmouth white salesmen that buy big azz boats, trucks and houses they can't afford.

This idea that blacks folks are bad with money is propaganda designed to make us think it's 100% our fault for structural inequality. It's mostly that our parents/grandparents etc., didn't benefit from the GI Bill, received less favorable terms for small biz loans, got hurt by redlining and other measures designed to limit black wealth creation.

American whites are just as bad if not worse with money. The only groups that are "good" with $$$ are those that simply earn a lot of money and also receive cash infusions from family to buy homes, pay student loan debt etc. Most of us don't get $40k as a wedding present. We have to scrap on our own.

Jews, Asians and Africans just go into law/medicine/STEM and pull enough $$$ down to overcome any potential disadvantages. Those groups are also very small relative to other U.S. populations so there's that. Jews get both minority status and white privilege. Can't really emulate them 100%.

Facts

 

[Still Benefited]

A jeweler is an artist and takes pride in his work regardless of form. Its their livelihood and they enjoy making these 1 off pieces much more than your typical boring old ring or bracelet. Jewelers like to flex on each other and making clean custom pieces of this magnitude are a big flex.

Probably so,I doubt they are laughing any more than Apple when people continue to buy there 1000$ shyt phones every year "Oooh a new camera"


But nah,I doubt they laugh,they just want to continue making fools come back for more. Most of these people who overcharge for bullshyt usually truly believe their shytty product is worth whatever they can get people to pay,which in essence is true. It should always be the customers laughing as we walk away,after they name that price