How to Invest in Jewellery and Diamonds in 2021

When it comes to the question of investments, diamonds and jewelry will always be at the top rank answers. This is actually one of the many life lessons the past year 2020 had initially taught many of us worldwide – where to invest your money and how?

 

Given that 2020 has been financially challenging, as per decreasing employment rate, sales, and marketing, investing in something with high value and high demand can be the best go-to choice. This is why many have started to invest this year in diamonds, gold, stones, and the likes. If you are one of the people who wants to start his or her own investment, here are some details on how to invest in jewelry and diamonds.

 

Select an Aged Diamond

When it comes to investments, selecting the right option is a must. Investments in the real world can be synonymous to a gamble – one wrong move and it can be a waste of money. In investing in diamonds and stones, going for diamonds that can be held for years and generations are highly recommended. These generation diamonds, the mere fact that it is an aged diamond, possesses such high value and can quadruple its original purchase price. That is especially true for engagement rings.

 

One of the most famous aged diamonds in the world is the Argyle Violet found in the Argyle Mine in Australia. This diamond, polished into 2.83 carat, is one of the few gems that are produced over the last 32 years. Apart from its age, coloured diamonds are also the rarest of them all – therefore, adding much value.

 

Know the Clarity of Your Diamond

Besides from taking Diamond Studies 101, every investor must know the Diamond Clarity Scale in order to fully be aware of what the diamond’s true worth. In the Clarity Scale, there are 6 categories and a total of 11 specific grades.

 

The high graded diamond out of all is called Flawless. From the name itself, this graded diamond has no inclusions and no blemishes visible under 10x magnification. Now, this type of diamonds are usually the ones who bear the greatest value over time due to its no inclusions with no blemishes factor – making it one of a kind. Other runner ups for good diamond investments are Internally Flawless (IF), Very, Very Slightly Included (VVS), and Very Slightly Included (VSI).

 

One of the many examples of importance in clarity is Sotheby’s Flawless 8.41 carat Pink Diamond that was sold for $17.7 Million, higher than the top estimate of $15.5 Million. The sale makes the diamond one of the most luxurious and expensive diamonds per-carat ever sold. What added even more to its value is its Pink persona that is stated by Sotheby as natural and “internally flawless that is virtually unseen.”

 

Go for Colours

As stated above, coloured diamonds play a big role in terms of value and are a good investment to begin with due to it being ultimately rare. Non-white diamonds are typically called, fancy coloured diamonds and is automatically given a higher price bracket. Much like the previously stated diamonds and stones, the value they have gotten was also heavily based on their colours. This created such a win for the owners when it comes to putting in on auction or just for sale.

 

Conclusion

You can never go wrong investing on diamonds and jewelry. Apart from being updated in every decade, its demand just keeps on increasing – making it an overall successful purchase. However, purchasing diamonds are still highly dependent as to one’s knowledge of stones and its characteristics. After all, diamonds are lifetime partners and they deserve to be known and handled with care.

When Due Diligence is Solely Your Responsibility

When exploring a 1 deposit casino platform, by the time you take advantage of the offered bonus or promotion, you can rest-easy, knowing that all the due diligence is done to ensure the regulations are adhered to. In many other more significant things, the responsibility for thorough due diligence falls squarely on you.

Everyone needs a trustworthy auditor for such things. The companies mentioned in this post have all signed up to IAAPA’s trusted auditor program, and provided IAAPA members with a real estate disclosure form to cover the vast majority of concerns related to the company.

I’m in the process of doing the same for HBXexplore, where the questions are somewhat different (in terms of due diligence and due diligence, but mainly due diligence). This project is directly related to a contract I signed with HBXexplore earlier this year, so if you’re a member, I’m very interested in your feedback!

Hopefully these companies are trustworthy. While the various jurisdictions in which they do business can obviously make it difficult to determine which countries are safe to trust, the ones with a legitimate relationship with their paying members, like IAAPA and HBXexplore, appear to be reliable and hopefully we’ll find out more about their specific practices and reputation in the near future.

This post introduces some information extracted from interactions with publicly known real estate clients of HBXexplore (search for “HBXexplore” at their websites, which aren’t always up to date, and read through their disclosure forms), and compares their general impression of their “real estate clients” with my own (but especially after speaking with their real estate clients, and keeping in mind I speak only for myself, and am not a partner in their company or associated with them in any way). I hope the information shared here will help you make your own judgments and do your own due diligence before trusting any of these businesses with your own investments.

About the Foreign Language Source

Michael Vollbracht is an IT consultant and lawyer living in Amsterdam, the Netherlands. He recently became a member of IAAPA, and his real estate investments have previously been discussed on this blog.

He also runs a blog with an educational focus called Practical Applications and Realities (in Dutch only), which focuses on important real estate issues, laws, applications and other relevant topics. He is also a member of IAAPA’s real estate project. He usually speaks publicly about various real estate issues, and may provide valuable information to people looking for a trustworthy real estate investment company.

Mike Vollbracht is also a lawyer at a Dutch law firm. His practice focuses on commercial law, entrepreneurship and disputes. He often provides legal consultations for real estate developers and investors who need legal advice concerning real estate law in their countries (and typically in the Netherlands, but also in the UK and other countries), in order to make their investments more transparent and profitable.

As an architect and a lawyer, Mike specializes in the legal aspects of real estate, and he represents property owners in legal disputes over land ownership, site rights, rights of conveyance, and other types of land issues (like notifying authorities and zoning regulations).

Should You Invest in Cryptocurrency?

Cryptocurrency is relatively new but a buzzing word in the current market. It’s also very lucrative to investors for its potential. You’ve probably heard about investors using sites like https://coincierge.de/bitcoin-future/ to learn about this lucrative currency, but what is this cryptocurrency? Is it legit enough to be trusted with people’s money? It’s alright if you still don’t understand the fundamental things about cryptocurrency, as it’s not like our usual monetary system. So buckle up to know the basic things about investing in cryptocurrency.

You’ve probably heard a thing or two about cryptocurrencies like Bitcoin and other altcoins like Ethereum, Monero, Litecoin, etc. There are also mining based altcoins. If you know how to mine aeon, your knowledge is adequate in this field. So, if you know about basic things, you can skip the first half of this article. To see if you should invest in cryptocurrency or not, read the second half of this article.

What is “Cryptocurrency”: After Satoshi Nakamoto invented Bitcoin in 2008, developers created thousands of other cryptocurrencies. So, it isn’t easy to describe cryptocurrency under one definition. But broadly, cryptocurrency is a digital currency that is not controlled by any government or institution ( decentralized) and encrypted. Cryptocurrency works through a blockchain, which is a public financial transaction database.

How does “Cryptocurrency” functions: It runs on a distributed public ledger called a blockchain. Blockchain keeps all the records of cryptocurrency exchanged and held by users. Bitcoin is the first and most popular decentralized cryptocurrency. Cryptocurrencies other than Bitcoin are called altcoins. They are generally created through a process called mining. Cryptocurrencies are exchanged from person to person without any middleman, or government. No central bank or government controls their value or how much they will be produced. People can exchange real money with a coin or token of a cryptocurrency. Each coin is a unique line of code that no one can duplicate. So, they are easy to track and identify.

Use of “Cryptocurrency”: Until this point, people see cryptocurrency as an investment. If it gains enough trust from the users, spending on it will increase too. Several online retailers accept cryptocurrency. Cryptocurrency is widely used between two individuals who value it for goods and services. At first, cryptocurrencies were used to hide from tax or make illegal transactions. Now, IRS has made a new law regulating cryptocurrency. So transactions are not anonymous, and illegal use of cryptocurrency has decreased.

If you’re trying to decide whether you want to find and invest in cryptocurrency or not, you should keep in mind the following things.

  • Gain enough knowledge before putting your money: As it is a relatively new system, many things are still unknown. A handful of people fully understand it. Even the real name of the inventor is still unknown. Satoshi Nakamoto is a pseudonym. Ignorance makes you vulnerable to risks. So if you want to trust your money with cryptocurrency, do enough research first.
  • Analyze the volatility: No government regulates cryptocurrency. So its value is determined by its holders. It is worth how much their holders are willing to exchange for them. This feature makes cryptocurrencies extremely volatile. According to coindesk, the price of Bitcoin swang between 4,916$ and 19,665$! Of Course, every currency is volatile to a degree. But traditional fiat money is far more stable than cryptocurrency. This volatile situation makes investing in cryptocurrency a poker game to new investors in this field. You can either hit the jackpot or fall in a pit. That is why experts suggest being very cautious when and how you are investing in cryptocurrency.
  • Cryptocurrency for deceptive activity: People who make illegal deals often use cryptocurrency as it can not be easily tracked and can be hidden. There is also a fair chance of being hacked. It’s like digital robbery. Thieves impersonate an account holder and request the holder’s sim to be transferred to a new device. Scammers can also hijack mobile accounts to get access to digital wallets. If someone loses his key ( or code) of the digital wallet, then all the cryptocurrency he owns are irrecoverable. It is a little scary that only you are responsible for your coins; banks or insurance can’t back up or give you security. But this can be overcome with best and cautious practice.

Also, cryptocurrency can be destroyed overnight if the computer crashes and doesn’t have any backup. Investors suggest using the backup of cryptocurrency wallet keys and use a strong password.

You’ve seen the things you should be careful about when investing in cryptocurrency. Here comes the answer to should you invest in cryptocurrency or not. Well, it depends on you. Are you willing to take all that risk? If you want to avoid risks and build wealth slowly but surely over decades, investing in the crypto world isn’t your thing. Your current wealth status must be considered. You can’t gamble with your financial future.

Here is a general rule of thumb to decide whether you should invest in cryptocurrency or not. If you don’t have any debt or your emergency fund can cover for debt and living expense for at least a couple of months, and you are already investing a fair portion of your income in the stock market, which is more secure than the crypto world than it is safe to say that you can invest in cryptocurrency.

Be confident about investing. If you have an intuition that the current Bitcoin price is the low point before an upswing, then go ahead and invest. Besides the horrors about risks and scams, many cryptocurrencies have a huge development and many credible developers behind them. The future of cryptocurrency is bright but still not certain. For now, it’s better to be smart and safe.

Things to consider before investing your savings

Investing your savings into something can be a great move that generates an additional income, but it is also something that should be carefully evaluated.

However, there are many factors that can influence how successful your investment is in the end, so before you do anything, the best course of action is to sit down and take a look at the situation realistically.

Investing is always a risk, which means you need to be prepared for all outcomes.

To help you with all of that, here’s a short list of things you need to evaluate before making a serious financial commitment of this kind.

 

Be aware of scams

The most important thing is that you have someone you can trust helping you with your investment. 

Unfortunately, scams are not unheard of in this line of work, so do your homework and find a person who you know is going to do everything in their power to help you. 

And should you ever find yourself in a situation where you have to deal with a scam, getting help from lawyers such as the ones from Optimal Solicitors is the best move to make.

 

Have a clear plan in place

What do you want to achieve with your investment? How big do the returns have to be? What kind of risk are you willing to take? 

All of these questions have to have a clear answer before you commit. 

If you don’t have any prior experience in investing, the best thing to do is to talk to a professional and see what they tell you. 

With a clear plan, you will know exactly what to do in every situation.

 

Invest in different assets

Diversifying is vital because it protects your investment from any price plunges a market can experience. 

Sure, you may have an industry you’re familiar with, but investing all of your funds into one company’s stocks, for example, can be risky. 

By spreading your resources out, you will not be as affected by a drop. As a matter of fact, a drop in one place can result in a rise of another asset.

 

Age

Investing when you’re young and investing when you’re on the verge of retirement or even retired is not the same. 

Young people can often afford to make riskier investments and wait longer for the returns to come in. 

On the other hand, older people will probably want to find the safest investment available so that they can be sure the income they create this way will be steady.

 

Keep an emergency fund close by

Like we said, investments are often a risk, so it’s always smart to create some sort of a safety net for you if things don’t go as expected. 

Savings are the best way to do that, and you may want to have enough there to keep you going for at least several months if all else fails. 

If you lose your job or your investments come crashing down, something like this can literally save your life.

 

Benefits of investing in a franchise

What is a franchise business and how do you manage one?

A franchise business model is a strategic arrangement where an individual (franchisee) acquires the rights to operate a business under the established brand, systems, and support of a larger company (franchisor). This unique collaboration grants the franchisee access to the franchisor’s brand recognition, proven operational procedures, and continuous support, contributing to a higher likelihood of success compared to starting an independent business. The franchise model spans diverse industries, showcasing its adaptability to various business sectors.

A notable example could be a Pool Cleaning Franchise. As a franchisee, individuals can operate their own pool and spa maintenance business under established and trusted brands like Premier Pool Service. Franchisees can benefit from the franchisor’s expertise in pool and spa services, marketing support, and a network of fellow franchise owners.

For food franchises, franchisees can join reputed brands like Domino’s and gain access to the well-known brand, operational systems for pizza delivery, and ongoing support in areas such as marketing strategies, menu development, and supply chain management.

In the automotive sector, a prominent franchise is Jiffy Lube. Franchisees in the automotive industry benefit from Jiffy Lube’s established brand as a quick oil change service provider. The franchisor provides operational guidance, training programs, and marketing assistance to help franchisees succeed in the competitive automotive maintenance market.

These examples underscore the versatility of the franchise business model, offering individuals the opportunity to enter various industries with a foundation of support from the franchisor. Whether in pool services, food, or automotive maintenance, the franchise model provides a proven pathway to entrepreneurship with the backing of a well-established brand and operational framework.

That being said, managing a franchise involves a set of key principles and practices to ensure success and adherence to the franchisor’s standards. One fundamental element that underscores effective franchise management is the unwavering commitment to understanding and upholding the brand identity. In this endeavor, franchisees play a pivotal role in ensuring consistency across various facets, such as product or service quality, customer experience, and the overall brand image.

A crucial tool that aids franchisees in maintaining this consistency is the utilization of Franchise Software. This specialized software acts as a centralized platform, streamlining various aspects of franchise management. It facilitates efficient communication, provides real-time insights, and enables the standardization of processes across multiple locations. With Franchise Software, franchisees can seamlessly implement and adhere to the franchisor’s guidelines, ensuring that every operational facet reflects the established brand identity.

Effective communication is another cornerstone of successful franchise management. Open and transparent communication channels between the franchisor and franchisee are vital. This includes regular updates on operational changes, marketing strategies, and any modifications to brand standards. Franchisees should feel connected to the larger franchisor network, enabling them to benefit from shared insights, experiences, and best practices.

Franchisees must adhere to the operational guidelines and standards set by the franchisor. This includes following the established business processes, utilizing approved suppliers, and maintaining quality control. Compliance with these standards is crucial not only for maintaining brand consistency but also for ensuring the overall success and reputation of the franchise system.

Financial management is another integral aspect of franchise operation. Franchisees need to understand the financial requirements, including initial investment, royalty fees, and ongoing operational costs. Effective financial management involves budgeting, tracking expenses, and maximizing revenue streams. Monitoring key performance indicators (KPIs) allows franchisees to assess the financial health of their business and identify areas for improvement.

The recruitment and management of staff play a pivotal role in the success of a franchise. Hiring individuals who align with the company’s values and service standards is essential. Proper training programs should be in place to ensure that employees understand and embody the brand ethos. Franchisees are responsible for fostering a positive work environment and providing ongoing support and training to their team.

Marketing and local outreach are critical components of managing a franchise successfully. While the franchisor often provides overarching marketing strategies, franchisees need to implement these at the local level. This may involve community engagement, local advertising, and leveraging digital marketing channels to reach and attract customers within their specific market.

Innovative problem-solving and adaptability are crucial qualities for franchise management. The business environment is dynamic, and unforeseen challenges may arise. Successful franchisees stay agile and are willing to adapt their strategies to meet evolving market conditions and consumer preferences.

Overall, managing a franchise business requires a delicate balance between adhering to the established standards set by the franchisor and leveraging entrepreneurial skills to meet the unique demands of the local market. By prioritizing brand consistency, effective communication, financial acumen, staff management, and strategic marketing, franchisees can contribute to the overall success and growth of the franchise system.

Benefits of franchises

There are various benefits of investing in a franchise. They are the following

  • Home care preferred London franchises always have a higher rate of success than start up businesses
  • Franchises offer an independent set of business supported by bigger business networks
  • It is easier to secure a good amount finance in a franchise
  • Franchises often have an established reputation and image
  • Higher rate of success
  • You can save on supplies and equipment to get your business started
  • You will have independence to work on your own without support
  • Store layout help
  • Tried and tested for successful business models
  • You are already investing in a trusted business or a Homecare Franchise

If you have planned to invest in a franchise, here are some advantages that you need to know so that you can get the morale boost

  • A franchise has instant name recognition
  • All Financers are always eager to grow their business and offer funds in a franchise
  • Franchises have the benefit of branding as well
  • Home care Franchises have the support of a knowledgeable management team who already know their work
  • They include systems of everything, including marketing, payments, staffing, selection, production and more. That makes it an all in one great place for investment and to grow as well.