What Would You Want to Put Your Money In?
These days, the media is filled with news about all the places that you don’t
want to put money in. Don’t put it in the stock market. Don’t put it in real
estate. Some think you shouldn’t even put it in banks.
We think eventually people will turn some funds to hard assets, including
diamonds.
De Beers’ new ads talk about diamonds as objects of "eternal
value." They never use the word "investment." But we will.
If you look at the overall supply-demand curve, diamonds are a sound
investment. With new markets opening up, and supply currently falling, the price
of diamonds should eventually go up.
You can buy many things this year. But only one product will retain its
value, and actually increase it in the long run. A new flat-screen TV is nice,
but you can’t hand it down to your grandchildren as an ever-lasting gift of
love.
v
|
