subject: Bad Economy Investment Option [print this page] When the economy is bad, it is hard to think about investing for the future when struggling to pay todays bills. Continuing to invest will be important because the future is on its way no matter what is happening with the economy today. With the changes in economic times, it may be time to make some changes in how you invest as your 401k shrinks. Hard assets are on option when changing how you invest. One of the best investments that is often over looked is jewelry. Antique cameo jewelry is an especially good investment.
There are many advantages to investing in jewelry and here are some of them:
You maintain the control of your investment when you invest in jewelry
Where ever you travel, jewelry can be transported with you
While some hard investments loose value if used, jewelry can be worn and enjoyed
Jewelry that is a collectible benefits from appreciation
A jewelry investment is practical because it can be used and enjoyed
Though Gold has had its dips in value, it has been more stable and has recovered more quickly from those dips than other investments like stocks (comparison based on S & P 500). Jewelry doesnt have to be made of only of gold to be a good investment. The following jewelry make good jewelry investment:
Custom, designer, and limited edition jewelry
Unique fine jewelry with top end workmanship
24 karat for jewelry that isnt exposed to wear and tear (brooch, pendent)
18-22 karat for most jewelry
Looks good to you and those close to you
Antique jewelry
Not all jewelry will make a good investment. The first thing to do when you are ready to start investing in jewelry is to find a reputable dealer. Look for a jewelry store that is established, guarantees its jewelry, carries mint condition jewelry, and has expert jewelry staff. Avoid common mass produced jewelry.
If you are going to purchase jewelry and have it repaired, be sure to research the cost of the repair from a skilled jeweler. Compare the total cost to the value before and after the repair.
When looking to buy fine jewelry for investment, contact the jewelry experts at Gray and Sons. Look through their catalog to find investment quality jewelry.
