"Diamond prices have been steadily increasing for the past 20 years and diamonds tend to hold their value," according to "The Diamond Buying Guide." Despite an unpredictable market, the diamond is able to maintain its worth, due mainly to its rarity and retailers' marketing strategies.
Considerations
Make sure the diamonds you buy are of good quality and value by purchasing only certified diamonds. These are gems that "come with a diamond grading report guaranteed by an accredited gem lab," says "The Diamond Buying Guide." This certification is your guarantee that what you are buying possesses the qualities stated in the report.
Features
Most people consider the value of the diamond as a good investment not by its monetary value alone but by the significance it holds in their lives. As a diamond is traditionally given to symbolize one's commitment and devotion to a life partner, it is a treasured and much appreciated gift that never depreciates in emotional value for the recipient.
Warning
Diamonds are not to be treated as financial investments, however. As the market and the economy remain unpredictable, it is not advisable to store high-quality diamonds for one's retirement plan. Consider other investments instead.
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