The Benefits Of High-Value Jewellery Investment
In today’s world, there has certainly been a huge shift in the jewellery market, with many men now wearing as many key pieces as women when creating outfits. Furthermore, this has led to an increase in high-value jewellery investment, with the potential for increased value and resale. Carry on reading for more.
High Potential From Quality Sources
New-age guys are turning jewellery into fashion statements, whereas others are going one step further and making their valued pieces part of their beloved portfolio. Precious metals and stones offer a high resale value, especially compared to other traditional assets (as quality means extra appreciation in value).
There are a number of quality retailers in this sector where you can acquire precious jewellery pieces (for example, Rare Carat is the best place to buy diamonds if you are looking for the ultimate in brilliance and sparkle!). Top-tier items will offer a long-lasting impression, not only for the wearer but also for future buyers.
A Tangible Asset With Value
Even though stocks and shares are undeniably a popular investment option, jewellery is a real and tangible item. You can look at it, touch it, and feel it, appreciating it much more, which in turn gives it more value.
Jewellery typically uses traditional materials in the construction process, such as gold and diamonds, which have a high real-world value and are highly sought after.
This fact also ensures that the value of precious pieces is much less susceptible to market fluctuations and can be used as a method to gather a stable source of long-term assets (which will always sell well, even when the economy is bad).
High-Value Jewellery Investment Is Inflation-Proof
The jewellery industry is currently worth $374 billion globally – it is always desirable (even during recessions), as the materials hold their value, the craftsmanship is appreciated (and many will always want to treat themselves to something beautiful!).
When you have high-end pieces, you can effectively incorporate jewellery into your style, creating eye-catching outfits on the fly (just remember to carefully look after them so they retain their value and keep ahead of encroaching inflation).
Diversifying Your Portfolio
As a good investor, you need to have a varied array of different assets—known as portfolio diversification. When you have more investments, you can potentially earn more returns. This is an excellent practice, as even when the economy is bad (when some areas retain or increase in value while others tank), you can hedge your losses with a myriad of assets, ensuring that any negative impact is kept to a minimum. Precious metals and stones traditionally hold their value, so they are considered great additions to your asset portfolio.
Beating The Tax Machine
As the famous line goes, “life, death and taxes” – it is something that is always unavoidable. We all have to pay them in one form or another. However, there are methods to limit the amount you pay (which is all above board).
Jewellery is exempt from taxes in some countries (such as Switzerland, the Caribbean, and Malaysia), whereas others (like the UK, France, and Italy) will impose high capital gains tax rates on luxury goods, including jewellery and precious metals.
Summary
Investing in high-value jewellery can be an excellent method of creating additional profit and wealth. It offers lower risk compared to many traditional areas (as long as you buy from quality sources) and can fully withstand a worldwide financial crisis in the long run.
Once you have a number of quality pieces squirrelled away, you can be safe in the knowledge that your money will always go up, ready for that rainy day! Remember that you can still wear and enjoy your jewellery collection, elevating your upcoming outfits to the next level with that added touch of glitz and sparkle.
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