3 Reasons Why Fine Diamonds Are a Good Investment
If you contemplate investing in luxury goods, then you should consider fine diamonds. Not only can they be more lucrative than fine wines, but unlike art, they never really go out of fashion. More importantly, they let you concentrate a huge value in a small space – storage issues never exist when it comes to diamonds. Also, don’t forget that you can use them freely before selling them, because they can withstand damage like no other assets.
1. Fine Diamonds Require Little Storage Space
You can put a few diamonds worth tens of thousands of pounds in a tiny box and keep it on your desk, or you can put them in your coat pocket and carry them about everywhere. Regardless, they won’t have you support great storage expenses. A top diamond weighing no more than 3 grams can be as valuable as 100 kilos of gold.
2. The Best Diamonds are Always in Vogue
Which means that their price is steadily increasing and the demand for them is always high. Sure the discovery of new sources and the innovations in synthetic creation processes pushes at times the price of diamonds down, but this happens rarely and for a brief interval only. Diamonds will continue to be in vogue for years to come, and so your investment will be secured.
3. Diamonds Don’t Get Easily Damaged
Fine wine bottles can break. Art cannot but it may decay in time. But diamonds are almost indestructible. This means that all you have to worry about when investing in diamonds is security. In other words, you’ll have less to spend on curators and climatically controlled environments and with other luxury assets.
- How much do you have to invest?
- How long do you want to invest for?
- When do you require a return on investment?
To help you through the multitude of choices, enter your details below and let the Compare The Financial Markets experts find the best investment for you today.