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How to Invest in Diamonds As with any investment, investing in diamonds comes with its own rewards and risks. Thus, you have to find the right knowledge to maximize your diamond investment. Investing in diamond can be an excellent addition to your self-managed fund or diverse portfolio. With ideal market conditions, diamond investing is very secure and offers a consistent, steady growth history. Outside of the diamond sector, diamond isn’t a good short-term investment but can be an excellent medium or long-term investment one can keep and treasure. Diamond investing is very secure since the industry controls the market to stabilize diamond prices and among precious gems, diamond still retains its position as the most popular and costliest jewel in the world. Not all diamond varieties are perfect investments, however, and if you want to successfully invest in a diamond, it’s best to consult a wholesale diamond dealer about your options and buy the best diamonds from them at wholesale prices.
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Learn the essentials at least You should start by learning the basics, or the diamond language. Start learning the four Cs related to diamonds. Set a budget Keep in mind that diamonds will be a part of your diverse investment portfolio. Of course, your initial investment is going to be a bit higher than stocks but this shouldn’t be a reason to exceed your budget or share of portfolio. Diversify your diamonds As with any kind of investment, it’s always wise to diversify your investment in diamonds. No matter your diamond budget, it’s wise to buy different varieties of diamond. For instance, if you desire pink diamonds, then it may be best that your second investment be yellow, blue or even green. You have no idea which diamond will rise higher or which could sell faster later on. In addition, this is good as it will allow you to liquidate part of your portfolio should you need to distribute some of your funds. Compare the prices One thing you must know about diamonds is that they aren’t stocks. Its price is not determined by thousands of sellers and buyers bidding in a transparent market online. However, thanks to the numerous online dealers, you can easily compare the prices of similar diamonds. But this can be harder to do in the case of colored diamonds because each is different. Get rare but coveted diamonds There’s really no use in investing in what everybody has. But you’ll be in a league of your own if you have a unique natural color of diamond, like blue or diamond. However, focus on the “desired” diamonds. Apply common sense and go with your instincts when it comes to buying.