As a first for InvestingNugget, I'd like to showcase a guest post by ValueChampion. While this blog is mainly focused on equity investments, it falls under the broader umbrella of personal financial choices. The post will talk about jewellery as a form of investment, with the content being a reflection of the guest writer's research and opinion. My closing comments at the end of the post.
Is investing in Jewelry a fallacy? See why even though your jewelry is made out of gold, it isn't the same as investing in gold.
STEPHEN LEE, SENIOR RESEARCH ANALYST - JUNE 10, 2021
Purchasing gold jewelry is a long-standing tradition in Singapore. We show them off, buy them as gifts, and pass them on to our children. However, you shouldn’t mistake the bling as sound investments. Although precious metals like gold and silver are often great investments, retail stores will sell the precious metal at a significant markup once made into jewelry....