Diamonds resale value in Telugu
Considering my deep personal involvement in the diamond business, my opinion might surprise you -- diamonds are a terrible waste of your money.
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If you need to flag this entry as abusive, I've been in the diamond business for over 10 years.
I've traveled all over the world buying are diamonds worth the money selling diamonds.
I've passed through are diamonds worth the money of the major airports across the United States with about a million dollars worth of diamonds in a leather wallet stuffed inside my pants.
I've bought and sold diamonds in Dubai, Mumbai, Moscow, Hong Kong, Paris, Stockholm, Tel Aviv, Madrid and Barcelona.
Even today I am involved are diamonds worth the money the fringe of the diamond business, running a helping would-be buyers.
Considering my deep personal involvement in the diamond business, my opinion might surprise you -- diamonds are click terrible waste of your money.
This is completely false.
The idea of a diamond engagement ring is roughly a century old.
Guess who invented the concept?
Not surprisingly, are diamonds worth the money the same people who mined the diamonds -- the De Beers diamond syndicate.
How far did De Beers go in their quest to create demand for diamonds?
Ayer outlined a subtle program that included arranging for are diamonds worth the money to visit high schools across the country.
It's not like with cars, for example.
You know you need a car, so the car companies compete for your attention with their ads.
In this case De Beers spent millions upon millions convincing the public that they needed to buy a product that they basically created out of thin air thin air that they alone controlled.
People explain away spending thousands of dollars on a little stone because they mistakenly believe that the diamond is a solid investment.
Are there any other investment classes where the person selling you the asset makes a minimum 10 percent profit margin usually much more?
Most people would be lucky to get half of what they paid if they tried to sell a ring the day after they bought it.
Don't fool yourself into thinking that buying a diamond is a safe place to put away money for are diamonds worth the money rainy day.
There's virtually no end to the various games dealers can play to help them are diamonds worth the money out a higher return and therefore giving you less value.
I'm not only a very experienced diamond dealer, I'm also a father of six, married for 13 years.
The expenses only grow with time, they don't get easier!
Believe me, five years later, you'll be wishing you had a spare five grand lying around.
Find someone more grounded who is excited about building a life together with you -- not someone who's trying to continue being single while taking you along for the ride.
I have consciously left out of this list any arguments about immoral practices in the diamond business i.
The odds of buying an actual blood diamond in developed countries are extremely low.
There are checks and balances in place that would make it extremely risky for a dealer to sneak something in illegally.
I don't want to be perceived as hypocritical.
If one takes a stance against poor working conditions, then I believe it should be done across the board.
I don't believe the diamond business is any more guilty than any other industry that does most of its production in poorer countries on the other side of the world.
Moral issues aside, there are diamonds worth the money enough reasons not to succumb to the greatest scam in history.
If you hang around a group of diamond dealers for a day, there's a word you'll hear passed around quite a bit -- "illusion.
When you what are online casino bonuses your illusion" in a diamond, it means you have succumbed to the reality that you will be selling it for less than you had hoped for.
When you "have illusion" in a diamond, it means that you still believe you're going to sell it for a great price because it's such a knockout stone.
It's rather amazing that the very people who buy and sell millions of dollars of diamonds a year acknowledge the ephemeral nature of their value at the same time that their lives are completely invested in them.
Ladies and Gentlemen, please.
Don't believe in the illusion.
Pass this article on to your friends.
Share it, Like it, Tweet it.
Lets start a new movement together.
If you find yourself not being able to fight the social pressure to get a diamond ring, it's OK.
There are many like you.
It's not a simple thing to resist.
Just please do yourself a favor and speak to an expert who can help you make sure that at the very least you spend as little as possible on the illusion and still come away with something that serves its purpose.
Ira Weissman is a diamond industry veteran with a decade of experience at one of the world's largest diamond polishers.
He has traveled the world buying and selling diamonds and now dedicates his time to helping consumers make the most of their diamond buying decisions.
He has been featured on, and has been quoted by MarketWatch, The Village Voice, and BankRate.
Visit to educate yourself about diamonds.
Why Diamonds Are A Scam
The diamonds on the car weigh in at a whopping 23 carats and are worth $140,000 by themselves. Of the 2,700 diamonds, there are 40 white ones. Each diamond represents a year in the legacy of Hot Wheels. The car itself was made to commemorate the production of the 4 billionths Hot Wheels vehicle made.
I can not participate now in discussion - it is very occupied. I will return - I will necessarily express the opinion on this question.
You have missed the most important.
I apologise, I can help nothing. I think, you will find the correct decision.
Yes, really. I join told all above. We can communicate on this theme.
Excuse for that I interfere � To me this situation is familiar. Is ready to help.