Jewelry is primed to be the next best investment now that the boom of luxury goods has waned. I love luxury goods, but I do acknowledge that jewelry is the better choice if you’re looking for a more solid...
Jewelry is primed to be the next best investment now that the boom of luxury goods has waned. I love luxury goods, but I do acknowledge that jewelry is the better choice if you’re looking for a more solid and profitable form of investment since aside from it’s widely accepted, jewelry components such as precious metals have significant uses within various cultures.
Not only that, jewelry’s price is stable and definitely appreciates overtime, making it a good investment for those who want to add another form of investment to their portfolios. I would even argue that it’s the easiest and fastest way to get your investment portfolio started since jewelries such as Gold start at a fairly affordable price.
The biggest question of every person who will embark on a fine jewelry collection journey is always “How do I start?” I know because I’m on this journey now and I’ve been asking around and researching about fine jewelry for the last couple of months and I would love to share with you my findings so that you can begin with your investment journey!
1. DETERMINE THE GOAL OF YOUR JOURNEY
- Are you starting your journey as an investment or just as a passion/hobby? There is no wrong answer because knowing what the goals behind your journey are will make it more enjoyable and rewarding. Just because everyone’s saying that collecting fine jewelry is an investment doesn’t mean you always have to start with that goal, especially if you’re only testing the waters.
2. DETERMINE YOUR PREFERRED FINE JEWELRY
One thing that made my research productive in the very beginning is determining what my preferred fine jewelry is. They say gold is an investment and everyone’s encouraging me to buy gold, but I really love the way diamonds sparkle. So right now, I’m looking more at Diamonds because I feel it will help me appreciate fine jewelry more, but at the same time, I’m open to adding gold equally in the mix because for me, big purchases should always have an investment factor to it.
3. RESEARCH, RESEARCH, RESEARCH
Know your fine jewelry. If it’s gold, learn about the karats and various colors. If it’s diamonds, learn about the color, cut, clarity, and carat weight. It’s important to know these things so you will know which fine jewelry is the best one for you and so that you know your options.
4. BUY FROM A REPUTABLE SOURCE
- This is a no- brainer, but it’s a reminder that’s worth mentioning over and over again because a lot are getting conned into buying subpar or worse, counterfeit fine jewelry. Rookie fine jewelry collectors are the most vulnerable to these situations. I know that the lure of buying from random jewelry sellers with the promise of very, very low prices might be tempting, but bear in mind that it comes with a great risk.
Did you know that M Lhuillier is also a jeweler?
M Lhuillier is a distinguished and the largest non- bank financial service institution with presence all over the Philippines, spanning 3,000 pawnshop and retail locations. Aside from pawning fine jewelry, they also offer services such as jewelry retail and second hand jewelry. Fine jewelry may cost a lot of money, but regardless if the amount is big or small, you should always prioritize safeguarding your investments and it starts with the habit of choosing legitimate jewelers like M Lhuillier.
5. START SMALL
- One of the best investment advice that I was ever given is to START SMALL. People tend to have this notion that ‘investment’ always entails huge bucks. This isn’t always the case. I’m a firm believer that you should only invest in things that you know, you’re interested in or passionate about, and most importantly, invest what you can only afford.
Did you know that for as low as P1,200+, you can begin your fine jewelry investment journey? It’s possible with M Lhuillier Jewellers!
ML Shop e-commerce website offers a diverse catalog of gold jewelry, from pendants to earrings and from gold to diamonds! And with M Lhuillier, you’re guaranteed that your investment is safe because they only sell authentic fine jewelry; they even manufacture and create some of their gold pieces.
Fine jewelry investment is one of the best ways to get started with investing or diversifying your investment portfolio, not to mention a fun and fashionable way too. Just remember, invest safely, invest smart, and invest with M Lhuillier.
For more information, visit https://mlhuillier.com/jewelry/ to know more about the company and https://shop.mlhuillier.com/ to start shopping for fine jewelry pieces for as low as P1,200+.