With diamonds I have already,how should I clean them???? Thanks so much for your detailed answer...tom science
2006-08-20 15:47:43 · 13 answers · asked by tom science 4 in Business & Finance ➔ Investing
No, I don't believe they are worth the investment. First, the man made diamonds are getting so good that even pawn shops have a hard time to tell the difference, and they really are not easy to liquidate nor do you get much money when you need to sell. Second, their has been a corner on the market forever, that that is bound to come off, my guess is sooner rather than later. I say sell now while price is still decent and you can take your time in doing so to get best price.
2006-08-21 07:12:29 · answer #1 · answered by jazzzame 4 · 0⤊ 0⤋
If you mean investment like growing your money, then no, diamonds are not a good investment. And most diamonds will not gain significantly in value. However, an ideally cut diamond, with nice color and clarity, can be quite hard to come by, and could fetch a nice price if you choose to sell.
As for the cleaning/care of your current stones - loose stones just need to be kept clean of dirt and oils - wiping them down occassionally with rubbing alcohol works well. Mounted jewelry should be taken to your jeweler to be cleaned at least 4 times a year, if not more. In between check-ups at your jeweler, keep a soft bristled toothbrush at home that you can gently scrub at your pieces, with warm soapy water, or an approved jewelry cleaner. Remember that some stones, like opal, pearl or emerald, cannot be cleaned with harsh chemicals! Warm soapy water for those pieces that contain both diamond and a more delicate stone - just water for pearl pieces!
2006-08-27 07:55:48 · answer #2 · answered by Randi L 5 · 0⤊ 0⤋
Diamond prices are artifically high. Recents statements from companies like De Beers have said that they actually are holding onto millions of dollars worth of diamonds so that the market is not flooded. Your better off investing in semi-precious stones.
2006-08-28 05:30:28 · answer #3 · answered by onelonevoice 5 · 0⤊ 0⤋
Unmounted diamonds are a bad investment. It's the jewelry that they're in that make them worth money. However, if you already own them...
Diamond supplies are strictly controlled, and therefore, so is the price. They don't increase in value much, after taking inflation into account.
2006-08-20 15:59:32 · answer #4 · answered by normobrian 6 · 0⤊ 0⤋
Diamond is strictly controlled gem, controlled primarily by a very big company,
it is good for enjoyment and showing off. If you are in step with that big company , you may make some money. Gold is better investment. Gold will never be controlled by one big company . Gold will not tarnish and will keep its value. You can invest in Gold ETF ( GLD ) which invests in Gold metal or
GDX, ETF invests in Gold Companies. ETF=exchange traded funds trdes like
stock and listed in stock exchanges.
2006-08-28 09:54:55 · answer #5 · answered by Pk D 3 · 0⤊ 0⤋
Diamonds are going up in value. Probably a ok time, though a little late.
2006-08-28 13:54:42 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Never, never, NEVER!
Try selling your current diamonds. (Both so you can put the money into a better investment and so that you can see why I say NEVER.)
2006-08-20 16:07:36 · answer #7 · answered by Anonymous · 0⤊ 0⤋
My wife says they are worth it, but then again I get no use out of it if its on her finger.
2006-08-20 16:02:25 · answer #8 · answered by Grandpa Shark 7 · 0⤊ 0⤋
instead, invest in energy.
oil is in a long term bull run.
2006-08-20 17:24:35 · answer #9 · answered by hsarora47 4 · 0⤊ 0⤋
somw what. but my better option is real estate
2006-08-28 07:03:16 · answer #10 · answered by sixer 2 · 0⤊ 0⤋