Are diamonds a good investment

Answer 1

i feel that it is not good...... i think nothing is good for investment. It's like gambling.......if you are lucky, you earn some money, if you are unlucky, you suffer a great loss. :)

Another Answer

If you purchase diamonds as an investment, you can only make money. It may take time -- years -- to show a profit, but you can generally make money in diamonds if you know how to invest.

Here are a few guidelines:

• Always buy diamonds that are certified by a certified gemologist, so that you know legally, that the diamond that you are buying is ranked as the best colour, cut, clarity, and colour that you can afford.
  • Buy D colour -- or Intense Fancy [colour], Flawless or Internally Flawless, 'excellent or better' cut with as much carat weight as you can afford
• Never buy diamonds with 'the rent money': only invest in diamonds with money you can afford to keep in diamonds and don't need for other purposes.
• Only deal with diamond brokers whom you know and can trust.
• Always store investment diamonds in a safe deposit box: wear them only if covered by insurance as a listed asset.

You can start today and purchase an investment-quality diamond from Blue Nile and spend from US$3,800 to US$32,000, depending on the carat weight of the diamond, and depending on how much money you have to invest.

Unless you are in a distress situation and are forced to sell it, your investment- grade diamond will generally be worth at least what you paid for it, depending on the diamond market: hence the time period to be considered.