Dithering Over Diamonds

Honestly, I love diamonds. And love coloured diamonds more.

And I have had a bit of good luck with them. In 2008,in the midst of the financial crisis, I bought a few yellows from a person with a cutting and polishing factory, who had little use for them in a market with a decided preference for the white variety. Last week I was pleasantly surprised to see just how much yellows had since then become quite the fashion ! And better yet, have the appraiser inform me that one of them was not yellow but green actually!Way rarer and pricier !

So beginners luck should be encouraging me to gamble once again…..But I find myself conflicted. Seriously conflicted. Read more of this post

Gains From Pink Diamonds


Oil, Gold, Stocks, Vitage Cars And Pink Diamonds


Investing In Solitaires

wealthymattersWhile the BSE Sensex, the country’s equity benchmark, and gold prices rose 68% and 70%, respectively, since 2010, the price of one carat of high quality solitaire has doubled during the same period to around Rs4 lakh from close to Rs2 lakh, that too without any wild swings. And there is the added advantage of being able to flaunt them.

A solitaire is priced anywhere between Rs75 lakh to Rs 20,000,depending on its weight and other parameters. There are some 123 factors that diamond sellers follow around the world. The major ones that determine the price of a diamond are its colour, clarity, cut and carat. A flawless diamond with a certificate from an international lab is considered the best quality. This last point is the most important. You will find a lot of cheaper stones with local certificates.

If you sell an old solitaire, with a certificate of authenticity from an international lab, jewellers across the country offer 90% of its prevailing market price.


Thumb Rules For Engagement Rings

wealthymattersSo ideally how much should an engagement ring cost?

Here are some commonly recommended thumb rules:

1.Three months of the groom’s income.

2.The price of a diamond the size of the bride’s age,divided by 10.So a 3 three carat diamond ring for a 30 year old bride.

3.The price of the best car the groom drives.

4.A price that seems like the right one to the groom as a testament of his love for his bride.

5.A price that indicates the social status and economic success of the groom.

6.What the bride wants and makes her feel special.

7.A price that the groom believes signifies the value of his bride.


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