Kim Kardashian’s Ring: A Good Investment?

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"His splurge is the equivalent of an office worker earning $60,000 a year purchasing a $40,000 diamond."

I really wish I didn't feel the need to explain why spending in a way which leaves you at $1,000,000 remaining income for the year is not the same thing as spending in a way which leaves you with $20,000 in a year. (Pre-taxes)

Considering this is in the "money" section... I assume everyone reading this, except the person who wrote it, realizes the absolutely failed logic he tried to follow by considering it a linear cost comparison...

R of FL 10:17PM October 26, 2011

Tacky celebrities. Tacky ring. Tacky column.

Judy of NJ 9:02PM July 04, 2011

Tacky people. Tacky ring. Divorced within 3 years.....naturally.

Jeriamiah Hossenpheffer of AZ 3:32AM May 27, 2011

New Jersey Jets???

Clearly, you're not a golfer...

Gopal of CA 3:23PM May 26, 2011

This Soooooooooo CUUTEE (:

Desiree Strasser of KY 11:59AM May 26, 2011

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Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.

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Generation Earn

Senior editor Kimberly Palmer’s book, Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back, is now available.

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