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Diamonds of today are a good investment? The answer is a big no. fat diamonds have not been a good investment for years, infact if you take the Diamond Awards account (inflation adjusted) for 30 years, they have given the dismal returns. Do your research before going to diamond as a viable investment option. The diamonds were used by money launderers to hide natures amount in cash by the authorities of some countries in Europe, South America and Eastern Asia because they are easy to hide and dispose of. These guys Don't care if diamonds are a good investment or not, all they take care of not declaring their evil-acquired or not cash.
Therefore if you are not one of the mentioned persons fore, have a read of this article in the Wall Street Journal and think twice before using diamonds as an investment option. Having said that you need to know that the purchase of a diamond at a good price for its pleasure port is still the most satisfying experience for a woman or a man indeed, and this is how it look a diamond purchase decision.
View the original article here
Diamonds of today are a good investment? The answer is a big no. fat diamonds have not been a good investment for years, infact if you take the Diamond Awards account (inflation adjusted) for 30 years, they have given the dismal returns. Do your research before going to diamond as a viable investment option. The diamonds were used by money launderers to hide natures amount in cash by the authorities of some countries in Europe, South America and Eastern Asia because they are easy to hide and dispose of. These guys Don't care if diamonds are a good investment or not, all they take care of not declaring their evil-acquired or not cash.
Therefore if you are not one of the mentioned persons fore, have a read of this article in the Wall Street Journal and think twice before using diamonds as an investment option. Having said that you need to know that the purchase of a diamond at a good price for its pleasure port is still the most satisfying experience for a woman or a man indeed, and this is how it look a diamond purchase decision.
View the original article here
Time to Shine
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It's "Time To Shine" wearing a watch that is beyond beauty. Extreme styling, the sophisticated Swarovski crystal bezel and mother of pearl face gives this luxe watch exactly what it deserves – a fine Japanese movement. Where do you see yourself in five minutes – on time for that important appointment!
6.5", 7.5" and 8.5" watch
6.5", 7.5" and 8.5" watch
Resolved Question
Show me another»How do you invest in diamonds?
gold - gld
silver - slv
diamonds? Freeport McMoRan? - wait - that's gold
DeBeers stock?
Is there an ETF for diamonds?
silver - slv
diamonds? Freeport McMoRan? - wait - that's gold
DeBeers stock?
Is there an ETF for diamonds?
Best Answer - Chosen by Asker
Diamonds aren't a commodity like silver and gold. The first problem is that a diamond is priced on the 4 C's (cut, clarity, carat weight, color) and there is a certain amount of judgment in 3 of the 4 of those. Exotic diamonds are not standardized at all so if you have a 40 carat pink diamond, the only way to know how much it's worth is to put it up for auction (obviously there are appraisers who will give you a ball park). There are several different rating services and even within one rating service the reliability of the ratings is not 100%.
The second problem is there is no universal pricing system for diamonds. Thus, a 3 carat, VVS 1, G stone with excellent cut can vary by thousands of dollars depending on where you buy it. There are some standard guides (and if you shop for diamonds of this quality, you want one), but they are not authoritative enough that anybody would want that to be the basis for fund pricing.
Finally, everyone likes hoarding gold, but hoarding diamonds would be a travesty. Diamonds are meant to make beautiful women sparkle and locking them up in a vault and publishing a NAV is just the worst kind of gauche.
The second problem is there is no universal pricing system for diamonds. Thus, a 3 carat, VVS 1, G stone with excellent cut can vary by thousands of dollars depending on where you buy it. There are some standard guides (and if you shop for diamonds of this quality, you want one), but they are not authoritative enough that anybody would want that to be the basis for fund pricing.
Finally, everyone likes hoarding gold, but hoarding diamonds would be a travesty. Diamonds are meant to make beautiful women sparkle and locking them up in a vault and publishing a NAV is just the worst kind of gauche.
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- boy - points I never thought about.
Thank you for bringing CLARITY to my mind....
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Other Answers (1)
Joey's opinions aside, here is a better discussion on the topic:
http://en.wikipedia.org/wiki/Diamonds_as…Source(s):
Investing since 1987
