Jewelry

Fashion

Designer

Diamonds vs Gold for Investment

by - October 02, 2010


 
I know what you’re thinking. In this economy, to take a bunch of cash and crumple it up into a tightly packed carbon lattice of a diamond and have all that value smushed into a little stone, buying an online diamond is a daunting task.

Especially because something so small can be lost quite easily. And even more so if you’re irresponsible, which, if you’re reading this article, you’re certainly not, because you’re obviously smart enough to read up on your options.


Well, here they are: Either you can keep your cash in the market, which, judging by home sales, government debt, the fact that the entire planet is broke and Radical Islam now has a nuclear reactor, this isn’t such a good idea. You can keep it in government bonds, but…yeah, government debt. Gold – that’s an option, and diamonds, option too.

I definitely don’t recommend buying millions of dollars in online diamonds as an investment, which would be a phenomenally bad idea, since much of a diamond’s worth is in craftsmanship and not material, whereas gold is in the material and not the craftsmanship. You don’t have to hire a skilled gold cutter for thousands of dollars to lump a clump in a bar. 

You just get a machine to do it. What you could do is buy a whole bunch of rough diamonds and cut them yourself, if you have the time. Or hire a cutter from Sri Lanka or something who will work simply for the opportunity to escape an African war zone (this is a joke, do not take seriously), and store them in a vault. But if you’re going to buy a finished online diamond then only buy one for your wife or daughter, if concubine if you have one.

You May Also Like

0 comentarii

Instagram