Question: Hi Diamond Buying Advice,
I am keen on investing in diamonds. Where can I find wholoesale diamonds at good prices? I want to include diamonds as a small part of my overall portfolio. If Antwerp is the capital of diamonds how do I go about finding the best place there? I know there are a lot of diamond sellers there. I will be going to Belgium later this year. Thank you for your help with this.
FREDERIC
Answer: Hi Frederic,
This is the [address and company name and contact number] of the wholesaler in Antwerp. Please let them know that I referred you.
[Note to readers: please email me directly for those contact details, see above right for my email address, TS]
Here are a few comments for those interested in buying diamonds as an investment. You must get the diamond wholesale. Adding the diamond to a ring setting adds unnecessary cost, and this makes it take longer to appreciate in value.
Diamonds have not always appreciated in value every single year. 1 ct diamonds increase in value 2 to 4% per annum. Large diamonds (5 ct) sometimes increase in value 15% in a single year. Fancies (colored diamonds) have been highly sought after this year and have also enjoyed good appreciation. As diamonds have been harder and harder to find they are becoming scarce. It seems inevitable that they are going to increase in value.
As with any investment you make the money when you buy it. If you get in at a good price.
It is important to exercise good sense when investing in diamonds, and get advice from your financial advisor. The advice I can provide here does not take into account your circumstances and is merely given with the intent of encouraging you to do more research.
If you have got the diamond bug and really want to invest, and have a clear understanding of the risks involved I can direct you to the best possible exchange where you can get the highest value at the best price.
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