Investment is the allocation of money or capital into asset(s) that will provide profitable gains as interests, revenues, income or be resold at a higher price in the future. You don’t have to be a brainiac to get started on your investments. All that is required is the willingness to spend your money on things that are valuable. If you, like most women, enjoy shopping, then you could turn your hobby into a money-making activity. There are lots of items and objects out there that are being sold below their actual value. Some sellers are simply uneducated about their goods’ worth, while others simply just want to cash-out quickly. Take advantage and be proactive on seeking deals!
Bring your bling on!
If you are someone who likes to adorn yourself, you can look into investing your money in real jewelry—pieces that are made of precious metals and precious stones. The most popular precious metals for jewelry are silver, gold, platinum and palladium. Examples of semi-precious and precious stones include aquamarine, garnet, sapphires, rubies, emeralds and diamonds. I do not recommend silver jewelry as an investment due to its lower market value, its soft structure and its tendency to tarnish after wear. As of today, the price of gold per ounce is approximately 85 times the price of silver per ounce. In terms of value, people are willing to pay a much higher premium for gold pieces than silver pieces.
Choosing what’s right for you
You don’t need to have a huge collection of jewelry to look good. A good place to start is to choose something versatile that you can wear all the time. A gold ring with a small precious stone of your choice, a pair of diamond studs, or a white gold pendant with stone motifs are great pieces for starters. This is especially as gold is very valuable; just head to mineweb.net to get more insights on its monetary benefits. If you are a fan of “a girl’s best friend,” the prices of diamonds over 1 carat in size have increased significantly over the last 10 years and will continue to grow due to rarity. A lot of gemstones such as Paraiba tourmaline or Colombian emeralds experience similar or even more dynamic growth in values due to mines continually being shut down due to over-mining and general absence of mineral deposits.
The power of gold
The existence and use of gold dated back to prehistoric times. Throughout history, this yellow metal has always been a symbol of wealth and power on national, state and personal levels. Some great churches and temples used to be covered in gold. Monarchs used to have thrones, crowns and staffs made of gold. Despite its volatility and fluctuations in price, gold has still increased over 300% in value the past 20 years. This makes the globally recognized metal a relatively secure means of wealth storage in times of economic turbulence. According to https://finance.yahoo.com/news/lear-capital-everything-know-191500670.html, one of the most common ways to purchase gold is by purchasing gold bars and coins, which can be carriable and wearable (some people turn them into pendants) if you desire. There is a sense of power associated with carrying gold bars or coins around, knowing that you have something worthy and valuable as a reminder of your generative capacities with money.
Not used to paying the high price tag?
Art and antiques are also some other forms of valuable objects besides jewelry and precious metals. Their value is not as transparent and well-recorded because there are no set market prices. However, when you fancy something and it gives you the butterflies, don’t hold yourself back because of the price tag. Think of it this way: when you are buying wearable and valuable objects, you are just transforming your money from paper to something that is more substantial and personal. And this new form has the potential to go up in value way more than letting the money sit in your bank.
