599 PPT.pptx - Presentation for Financial Management...

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Presentation for Financial Management Foundations (FIN 599 OA) Presented By: Ravi Goswami Hardik Patel Srinesh Naidu
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Diamonds as investment Diamond prices have increased by more than 14% every year since 1960 equal to yearly compound tax free interest of 4.3%. The value of a diamond is stable. Currency fluctuations, bank crises and stock market variations make no difference. No taxes on value gains. The only international accepted alternative currency which keeps the same value all over the world. Prices are independent of government laws and hence diamonds better retain their values, even during recession.
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