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Friday, August 17, 2018

Top Tips For Investing In Diamonds

Are you keen to begin your journey of diamond investing? We’ve put together this guide on how to select a diamond for investment purposes.

How to Invest in Diamonds
Investing in a diamond means investing in a physical commodity. So, you can buy them anywhere, even online or get it from Investing in diamonds is a great way to diversify your portfolio.

Finding the Right Diamond
1. Choose the carat or weight
Diamonds weighing between a half and one carat tend to be the wisest choice for investments. This is because they have a proven track record of maintaining their value, and they are significantly lower in cost compared to larger diamonds. This means you can buy more and then sell parts of your investment when you want to.

2. Choose clarity
If your budget allows, choose a diamond with a clarity of between IF or FL. These are the rarest diamonds in the world and just about guarantee a healthy long-term profit. If your budget doesn’t stretch that far, choose a diamond with a clarity of VVS 1.

3. Choose colour
Always try to pick a colourless diamond for investment purposes as they do not lose their appeal. They are measured in an alphabetical system, with Z representing a light hue and D the clearest blue white. You can also visit trusted jewellers as they have an extensive range you can choose from.

4. Choose the certificate
When you buy loose diamonds, they should be certified by a gemmological lab.

5. Choose the shape
Finally, round diamonds are the most common shape traded in the market, which means they will be easier to sell on later on.

A Few More Things to Consider When Investing in Diamonds
Diamonds are usually traded in US dollars. That’s why it is a good idea to sell your diamond when your home currency is performing well against the dollar. If you decide to buy diamonds online, make sure they are delivered in tamper-proof blister packs.

3 Ways to Invest in Diamonds
1. Loose stones
If you’re new to diamond investing, don’t extend beyond your means. Loose diamonds are a practical choice, and you can pick anything from the more affordable 0.5 carat stones to the heftier 1.49 carat stones.

2. Investment packages
If you’re not sure which diamond to choose, premade investment packages may be the choice for you. There are plenty of sensible packages on the market to suit everyone’s budget and requirements.

3. Premium stones
If you’d prefer to keep your risk as low as possible, then pick a premium round-shaped diamond. These gems are a popular choice and only include internally flawless clean stones.

Choosing the right diamonds for your investment portfolio will ensure you not only diversify your portfolio, but that you can also sell for a reasonable profit when you want to.
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