Namastey 🙏🏻🇮🇳
Hello friends, how are you all? Wishing you all happy and prosperous life ahead.
Who doesn't like diamonds? Yes, you heard it right. Today I want to talk about diamonds. Do you know that the diamond we getting diamonds is at cheap price.It is more profitable to buy which are grown in the lab, for investment purposes and appreciable deal.
To make a real diamond, it takes a lot of time, a lot of hard work where transportation cost and mining cost is high, hence that makes diamond too expensive, where as Lab-grown diamonds are made up in lab with advanced technology in short period of time which cost is much less than the natural diamonds.you must go for the deal. So prouduction of lab-grown diamonds have potential fulfill the supply and demand of diamonds in Future.
In the world of Fashion or can say show-off, the demand for diamonds has increased a lot over a period of time, due to which natural diamonds cannot meet the demand as took lots of time for mining, whereas lab-grown diamonds are made very quickly and easily in lab in short time, So lab-grown have the full potential to meet the demand.
The diamonds grown in the lab are exactly like natural diamonds which we get from mining, they are made with advanced technology. Lab-grown diamonds have almost the same physical and optical property as compared to mined Diamond. These certified diamonds are more beautiful, more shinning and have longer durability. Even there are numerous benefits when we talk about diamonds as future investment.
Value at much lesser price
Lab- grown diamonds are cheaper than mined diamonds let clear it more by taking an example, Suppose if you wished to buy 1 carat diamond, how much will it cost you around?
One Carat natural mined diamond cost you near about 4 lakhs but if you opt for lab-grown 1 carat diamond which cost you around 1 lakhs. Lab - grown diamonds choosing over mined diamonds it will save your momey almost 70%.
Help you to invest in more asset.
Whatever money you save in buying the lab-grown diamonds, can invest it in some other asset like mutual fund,FD buying stock etc, then you will have multiple investments from your savings. Master rule for investment is deversification.
While gold is generally considered a more stable and liquid investment, diamonds have the potential for higher returns due to their rarity and increasing demand.
If I talk about investment purpose then I would give preference to gold because gold has its rate, we can calculate how much loss and how much profit is made but diamonds does not have any rate, Buying diamonds may be for fulfilling our demand and for fashion only, but I do not consider it for investment purposes. I have seen my mother and grandmother give more preference to gold over silver and diamond. When my grandmother had buy gold jewellery, the rate will be thousand rupees, now the current rate is Rs 64000, the rate increased by at least 60 times more, so my preference will always be gold as investment purpose.
What will be your opinion regarding buying diamonds as investment purpose?
Thankyou
