There are two main reasons that people buy gold jewelry. One is because of its beauty and status symbol and two for investment. Unlike other forms of gold investment, by investing in gold jewelry one can enjoy its beauty and at the same time have strength against a weak economy. There are those that say that investing in jewelry is not a good investment. Like any investment, one can be taken for a ride, but with proper knowledge and sound judgment, investing in fine jewelry is much safer than stocks and bonds in today’s economic times, in my opinion. Gold is gold no matter what form it comes in. It all has value. Any gemstone that makes it to the market has value, with little speculation. If gold and gemstones grew on trees they would have no more value that pecans. What makes them precious is the effort and cost it takes to get them to market. Depending on the gold mines, it costs as much as $500 per ounce or more to mine gold. When investing in jewelry, look for the pieces with the most gold, such as, necklaces, and large bracelets. Rings are very popular, but have little gold because of their size. Stick with basic designs. Stay away from fashion cut stones. The round cut diamond never goes out of style or losses any value due lack of to popularity. Trendy jewelry is not the best investment. Never invest in a piece of jewelry, with the thought in the back of your mind,” I can always sell it for melt down.” Class never goes out of style. Look for class. Invest with confidence not fear. Ecclesiastes 11:4 He that observeth the wind shall not sow; and he that regardeth the clouds shall not reap. There will always be someone that tries to tell you your mistakes, thinking they are doing you a favor. If you listen to them you will neither sow or reap. It took me a long time to learn the truth of this scripture, not to say that you do not seek godly counsel. As a Christian, the best godly counsel often comes from your own heart where God resides. Stick with yellow gold for investment purposes. After all, yellow is gold’s natural color and cannot be mistaken for a less valuable metal in the eyes of its beholders. The higher the karat the less gold can be worn and retain its value, due to wearing away. Download my Free e-book on endtime investments at Endtime Investment Opportunities.
Related Articles -
gold jewelry, good investments, silver, necklaces, large bracelets, trendy jewelry, ,
|