The diamond sector has in 2003 devoted itself to ban conflict diamonds from the international trade. Conflict diamonds are diamonds that are mined illegally in African countries, by men, women and children, often with force. The enormous profits gained from these practices are used to finance militant rebel groups in their fight against the government.
Five tips for investing in diamonds
Saving accounts hardly yields no profit. Banks give extremely low interest rates and try to get depositors to invest. But every new investor fears of a financial hangover. Below we list up five tips to avoid them.
Guide: Investing for beginners
In this guide, we explore investing for beginners. Then, we will give you a few valuable tips that can help you become a better investor. Although private investors sometimes make mistakes, it is important to learn from them and avoid making them yourself.
Go for security with certified diamonds
A diamond certificate is a document that displays a diamond’s basic characteristics. It describes all unique characteristics that determine the value of a diamond in detail. Information about the financial value of the certified diamond is not given. Certified diamonds are not necessarily more valuable than non-certified gemstones, but the quality is guaranteed.
Investment portfolio: invest in diamonds too
What kind of things are included in your current investment portfolio? Shares, bonds? What about raw materials, like diamonds? There is every chance you are at least considering this, as you’re currently reading this text. And even more so if you happen to live in China or India. A total of 45% and 50% of the respective populations are considering diamonds as an investment, according to the 2013 Global Diamond Report issued by the Bain & Company consultancy.
Ethical investing: How can I buy conflict-free diamonds in Antwerp?
The Antwerp diamond sector remains the global leader in the fight against conflict diamonds. Blood diamonds are systematically blocked in Antwerp by the Kimberley Process, a collaboration between governments, the diamond sector and NGOs. This means buying diamonds in Antwerp offers automatic security that your diamonds are ethically responsible. But what does that mean exactly?
