To invest in shares is not without risks. There are good alternatives that fluctuate much less in value: one can invest in diamond, art or wine. They not only yield a nice profit, but are also very enjoyable and give one some kind pleasure. An alternative investment does require a certain amount of expertise or the help of an expert. Because what makes art valuable or what makes a diamond suitable for investment?
How can I invest in commodities?
Investments in shares –and even real estate- are well-established by now. There are, however, many different and alternative ways to invest your money. You can start investing in old-timers, ships, wine, art etc., but also in valuable resources like gold, silver and diamonds. In the next part of this blog, we will look into some of these alternatives.
"Blue Moon" the most expensive diamond ever sold
The rough diamond of 29.62 carats was discovered in January 2014 in a mine in South Africa. Later, it was cut in New York for six months. This impressive blue diamond of 12.03 carats was sold on November 12 at Sotheby's in Geneva for 48.46 million dollar (or 45 million euros).
Gold or diamond as an investment?
Whether gold is a good investment or not depends heavily on the gold price.