It’s a tricky time to be a financial adviser. True, there has never been anything that was a rock solid guarantee when it comes to predicting how an investment is going to perform. Even the simple act of opening a basic passport savings account at a local bank is only as good as the health of the bank. But today it seems even far more complicated. Depending on what kind of financial indicators you are watching, our economy is either the best it has been in five years or is still sloughing its way deeper into the muck. With such conflicting impressions, deciding where to invest your money is no easy task. That is why I have a suggestion that you might say is outside the box. I am talking, of course, about loose diamonds.
There is nothing that performs with such alarming consistency like precious metals and jewels. You probably have picked up some indication of that by seeing the proliferation of stores that offer to buy your used gold or seen the commercials for internet sites that promise the same thing. There is a reason that you don’t see many (if any) stores offering the same concept for loose diamonds. The reason for that is simple, though, once you think about it. If you were to have a look through your jewelry collection, there is going to be a lot of gold and silver, and certainly some diamonds most likely, but those diamonds are not going to be loose ones. Rather, they are going to already be set in something.
That is going to change in time, however, because there is a slowly but steadily growing presence of jewelers offering unset diamonds for sale. This trend did not come about as an investment concern, at least not in the way that we are talking about it now. It started off because of the growing number of people who were returning to the artisan trade of being fine craftsmen, expressing their artistic ability by working with precious metals and fine jewelry. And the jewelers realized that could actually obtain the materials separately, have the jewelry designed in house, and spend less money than buying mass produced pieces. The market for loose diamonds as an investment was mostly an afterthought, but the value of Loose Diamonds is always rising, and unlike other investments, like stocks, bonds, C.D.’s, etc., that only serve one purpose, the diamonds you buy can either strictly be an investment, or you can eventually use them to create your own design of dazzling jewelry.
There is nothing that performs with such alarming consistency like precious metals and jewels. You probably have picked up some indication of that by seeing the proliferation of stores that offer to buy your used gold or seen the commercials for internet sites that promise the same thing. There is a reason that you don’t see many (if any) stores offering the same concept for loose diamonds. The reason for that is simple, though, once you think about it. If you were to have a look through your jewelry collection, there is going to be a lot of gold and silver, and certainly some diamonds most likely, but those diamonds are not going to be loose ones. Rather, they are going to already be set in something.
That is going to change in time, however, because there is a slowly but steadily growing presence of jewelers offering unset diamonds for sale. This trend did not come about as an investment concern, at least not in the way that we are talking about it now. It started off because of the growing number of people who were returning to the artisan trade of being fine craftsmen, expressing their artistic ability by working with precious metals and fine jewelry. And the jewelers realized that could actually obtain the materials separately, have the jewelry designed in house, and spend less money than buying mass produced pieces. The market for loose diamonds as an investment was mostly an afterthought, but the value of Loose Diamonds is always rising, and unlike other investments, like stocks, bonds, C.D.’s, etc., that only serve one purpose, the diamonds you buy can either strictly be an investment, or you can eventually use them to create your own design of dazzling jewelry.
Loose Diamonds: An Investment worth Looking Into