Ep. 59 - Ask Andy: Are Diamonds A Bad Investment? Part 2

This the second half of a discussion I had with my friend and hero, Maarten de Witte, aka "The Diamond Wizard."  He's a living legend in the diamond cutting world, and he decided to tackle the oft repeated (and crazy cynical) idea that "diamonds are a bad investment." Are they?  

Some people think there is no question that diamonds are a "bad" investment.  That the entire diamond industry was created by DeBeer's and they're diabolical marketing campaign that causes people to believe there is value to what is actually a worthless rock. 

So, are they worthless?  Is this all a big ol' rip off?  Or is there something more to it than that?

We believe there is far more to it than certain people and cynics would have you believe. Much more, actually.  They are, in fact, the best investment a person can make in certain respects.  Don't believe me?  Take a listen and decide for yourself. 

If you want to talk with me personally you can email me at andy@buylikeaguy.com. I'm happy to personally help you find the right jewelry for your special occasion, or put you in touch with a jewelry pro that's closer to home.

You can also email Maarten at maarten@americandiamondcutter.com.

Music credits: Preacher Man by Miles Neilson and The Rusted Hearts, used with permission. A killer band with original songs that get stuck in your head.  They're awesome.

Listen To Preacher Man on Spotify: https://open.spotify.com/track/7ImcaJKIk0ZVtPzuUVV4vc?si=80581c74a9be4987 

Note: This episode was originally published on April 6, 2023.