Diamonds?

fippy

Recently while reading an in-flight magazine i came across an article on diamond trading.

I always presumed diamond trading was for the mega-rich but apparently for
as little as 3-4 grand you can buy a decent stone with an amazing profit 2-3 years down the line.

I realise would need a keen eye and a lot of experience but i was wondering has anyone ever considered it??

Chrysostomos

fippy wrote: »

Recently while reading an in-flight magazine i came across an article on diamond trading.

I always presumed diamond trading was for the mega-rich but apparently for
as little as 3-4 grand you can buy a decent stone with an amazing profit 2-3 years down the line.

I realise would need a keen eye and a lot of experience but i was wondering has anyone ever considered it??

Nope, never considered it.

Clearly it would be something which would be the realm of diamond experts, I am sure you would need huge amounts of experience to do it.

Raskolnikov

Ah yes, The Greater Fool Theory of Investing.

It's only failed for South Sea exploration bonds in the 1600's, railroad bonds in the 1800's, stocks in the Wall Street Crash and housing in this decade; but who's to say that it won't work this time!

displaced dub

as someone who spent enough on an engagement ring 5 years ago i wonder
if my wife would like to sell it???

I dont have the balls to ask her so i dont know if the rock on her finger has increased in value and i dont think i will be finding out either!!!!!