Investing in Amethyst

Image courtesy of Boykung at FreeDigitalPhotos.net

Hello readers, today I will be writing about Amethyst. This is a rare stone, it is cheaper than other gemstones, which makes it easier to invest in. Over a period of time the stone appreciates and you are able to make profit from it. Its price always goes up but before you go about investing in Amethyst. You should know this, make sure you buy the stone from primary sources rather than wholesalers or secondary sources. It is cheaper than way and you will be sure the stone is authentic.

You must buy it from a certified gemologist. Buying the amethyst in bulk will be preferable. However, an investment in only one stone will still appreciate in value over a period of time.

Prices of this Amethyst ranges from $8.13 to $58.86 per carat. The deeper the purple colour, the more expensive it is. The value of the Amethyst appreciated by 89.1% from 2006 to 2016. If you have the capital to tie down you can invest in it and it must be a long term investment for you to yield the adequate profit. Make sure you pay zakat on it. Gemfields is the largest supplier of Gemstones, so you can buy from them but I am guessing they will be selling in bulk but we never can tell if they have a deal for small investments.

Keep checking my out my blog regularly, Cheers!

Comments

Eid Mubarak

Hope you have a good one

The saverholic

Image courtesy of dan at FreeDigitalPhotos.net It involves minimal risk saving your money. I always say first save your money in an halal account, once it has reached a particular threshold start investing. The saverholic only saves and saves and saves and cannot afford to take well calculated risks. Because, all you do is to save money. Invest in other markets, the higher the risk the higher the return, diversify your investment portfolio. All individuals that have achieved financial growth of great heights are risk takers, and they know that some risk might turn out negative but they know is all part of the process. They learn from it and apply it to the next risk they take and eventually they become experts at the risk they take (risk taken should not be excessive(too much uncertainty)). Then they end up having 80% success rates which I think is good enough. Make sure your business is halal. Give charity regularly from your income, Allah loves charity an...

The need for constant power supply in developing nations

Hello readers, I will be writing about electricity today. I will be using Nigeria as a case study. Electricity is one of the factors that contributes to the success of an organisation. Developed countries have been able to maintain a constant power supply. If they are able to have constant power then it is achievable. Constant electricity could attract good companies, thereby creating employment opportunities. This could alievate poverty in the developing countries. Thus, the GDP (Gross Domestic Product) of the economy will improve. The challenge here with having constant power supply is also not to pollute the environment as fossil fuel is mostly used for the supply of electricity. Greener alternatives could be used such as tidal energy and wind energy. In my opinion, electricity could be constant in Nigeria if the industry is privatised. The privitisation of the telephone industry made mobile phone easily accessible by individuals. Most people own a phone, both ...

Islam and Business Finance

Search This Blog