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Diamond – A Terrible Investment

Investing in gold and stock market is definitely a good idea. And if it’s for long-term, you have something to be proud of. If you, however, ask me about diamond investment, I would say it’s a foolish idea. All right, I know people don’t set aside a part of their investment portfolio to buy diamonds as long term investment. Many people, however, have this misconception that owning diamond means owning an asset. If you are one of those believers, get rid of this myth as soon as possible to avoid later distress. Let’s keep investment out of court for a while and talk about its intrinsic value. It is now not even a prideful stone to own as the recent improvement in diamond farming technology have developed to an extent where you cannot differentiate between a lab grown and real diamonds. [...] 


Posted in Diamond, How to Invest, Investment Literacy, Tips on March 22, 2010
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