Investing in diamonds

[hareem01]

Re: Investing in diamonds

@Southie

Bit confusing. From lost 1, it appeared you were looking at this from “business POV”. in other words, as an investment. Typically when folks invest in something they have an expected rate of return. Higher there risk, more this expected rate of return - yo compensate for higher risk.

@stoppit why wont one get interest tron a bank? (I think this is related to religiion?)
@stoppit -2 yes gold definitely is not only not risk free. But a poor invesstment historically. Over last 150 yrs it hasn’t even kept pace with inflation. And this doesnt take into account further losses associated with jewelry.

I know…I was talking about the investment. But I guess, for the time being, I just want to save up the money either in a bank or in form of jewellery.