Well I did complaint to MOD but nothing seem to be done, instead of a thread to help, we have some trouble maker who comes here with no other intention but create trouble.

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Added on April 28, 2009, 4:38 pmYou goon...

You buy a diamond ring for your wife, 40 years later when you pass it down to your children, in any emergency they can sell the diamond off for 10X the value bought.

It is a symbolic and good investment AS A 1 OFF PROPOSAL RING, not as if you're going to buy 30 proposal diamond ring.

But your arguement as always been how sinful diamond is with your african stories, which for your info diamond comes from all over the world not just from africa. BTW as I understand diamond is only part of the income they've plenty of other income like OIL!!!!!!

This post has been edited by moorish: Apr 28 2009, 04:38 PM

Hmm, you can't refute or answer the questions and points raised - such as the ones that Silverhawk VERY CIVILLY asked - so you resort to labelling the dissenting point of view as trolls and "troublemakers".

Moorish you are indeed a sophisticated woman, every bit as deserving of the diamonds you proudly wear.

This post has been edited by Dickson Poon: Apr 28 2009, 04:39 PM

it's ok, i saw that


well, after all, i did have a 'debate' with you once on another thread last time also arguing about diamonds being a bad investment (if thinking that buying, holding, and selling was a good idea)

nothing personal, we are all just sharing our thoughts here. We do like intellectual m*sturb*ti*n sometimes.

What other thread "last time" are you talking about? No, seriously. Is this some case of mistaken identity here?


You sir, do not sound like an investor.

All view points in discussions of the matter must sound the same to you, so your wilful ignorance is understandable.

Then again as I've mention in page one, but someone (not refering to you) too blind to read.
Big diamond is indeed a good investment, esp those above 100k, thats why you see all the rich and famous going to auction house buying big diamonds. The value appreciates very fast.

Just that you dun hope anything when you buy 2 - 3k diamond

anyway, some info on wikipedia on diamonds as an investment. Just a read for people interested...

http://en.wikipedia.org/wiki/Diamonds_as_an_investment

Also an interesting point taken from Wiki for those buying diamonds:-
There are considerable price shifts near the edges of the size bands, so a 0.49 carats (98 mg) stone may list at $5,500 per carat = $2,695, while a 0.50 carats (100 mg) stone of similar quality lists at $7,500 per carat = $3,750.

These are called the magic numbers when choosing carat size. While cost may be exponential to the carat size, there is a big price jump at certain magic numbers. They are:- 0.3ct, 0.5ct, 0.7ct, and 1ct, 2ct, and so on. Getting a 0.49ct diamond compared to a 0.5ct diamond will be cheaper, although the size different is probably ignorable. Unfortunately these nicely sized stones are quite hard to come by, as most cutters prefer to sacrifice some cut quality in order to have the diamond weighing at these magic numbers.

Yes, diamond hunting can be tiring but rewarding...

Oh my screaming monkey god!! That whole wikipedia article is so full of un-referenced points.

Where are its sources???

yes, probably a case of mistaken identity.

i was talking to moorish.

Perhaps because the points I raised were really good and deserving of an answer. I know la kena ignore adi, but I hope other people would ask the same questions so she can answer.

Ignore the topics about it being an investment or the value of diamonds. Someone please ask her about the resale market available for diamonds. People need to know how to properly sell their diamonds should they want to.


What an idiot. I've proven to her time and time again that her "10x more value" calculation is totally wrong and yet she still holds on to it. Typical sales person Inflation my dear, INFLATION.

As if your topic is going to be able to help anyone who's going to buy such diamonds
Lets be realistic here shall we?

Yes fully agree, this is how the pricing works, coz people would rather answer I've a 1 carat stone instead of I've a 0.99cts on my finger, but then they can always lie but thats besides the point.

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Added on April 28, 2009, 5:31 pmBut for earrings its good to get 0.49, you really saves a lot.

This post has been edited by moorish: Apr 28 2009, 05:31 PM

My dear "buddy", at which point did I say that I didnt care?
Then again I never said that I do.

I merely highlighted the point that there are many other unscruplous business and trades out there. Not just the diamond trade which you take so personally. Like I mentioned in an earlier post, it is a sad predicament of what is happening in the diamond trade. But that is not the only trade that has cause war and abused human rights. What about all the sweat shops in indochina? You going to stop wearing clothes?

You are just making a very personal view on the matter. Think about it. You talk about De Beers financing the slave trade in Africa. Well they merely pay for services provided.

-They want diamonds.
-Some ppl can get it for them.
-They pay.

In what circumstances these ppl choose to produce that diamond, I dont think that the ppl at De Beers really care. They just want the diamonds. Simply supply and demand. So if you think about it, De Beers only want the diamonds. It is the ppl in Africa that CHOOSES to kill/rape/enslave their OWN ppl for money.

So my dear "buddy", who is at wrong here? De Beers for willing to pay a lot of money for something seemingly worthless? or the warlords in Africa killing and enslaving their OWN ppl to get money? So who is actually really cutting off the breast of Africa?

So you are the ppl who feel the need to impose their views on to other ppl. Take a neutral view and see who is really doing all the butchering?

Another thing, diamond doesnt only come from africa they're also major supplies in canada, australia, russia and I think india too. But conflict diamond comprises of a very small percentage only. Which is it we will never know.

This post has been edited by moorish: Apr 28 2009, 05:44 PM

Silverhawk, there is no point continuing to flame moorish. She has a very simplistic view of investment. She is not a sophiscated investor. She like many out there views investment as something that apprciate in price through time. Just like how everyone thinks that buying a house is investment without taking into account the cost of interest, maintainence, inflation, taxes, etc (YES, many of you out there buying houses as an investment is actually buying a liability )

So to her something that she bought a long time ago, now cost more means she make money, means good. Hence her views on diamonds as a good investment. It is just a matter of preference. Some ppl buy art as an investment, others collect comics/coins/stamps as investment.

No point you trying to force your views down her throat. The fact remains that diamond do appreciate in price(regardless of who is controlling/playing the market) makes it an investment. Not a good one. Nor a very profitable one, but a form of investment nonetheless.



This post has been edited by Bishop: Apr 28 2009, 06:08 PM

oh no, but i need to buy a house to live in! Paying rent money just don't cut it!

thanks bishop

well if you buy a house at RM500k with interest at 6% you are paying RM30k of interest a year. So if you are renting at RM2k/month you are actually saving on interest. Cause paying RM2k a month is not getting you closer to buying the house.... And if you are taking a 20 year loan you end up paying RM1.2million for your house...

(but when you sell it for RM1million you think that you made a good investment )

But at least there's some return (maybe some lost), but if i rent, i don't get anything in the end? sorry if i seem lost!

If you rent you get a house to stay. If you buy you also get a house to stay. So you get the same thing - a house to stay. In the end? In the end you die. Dont need a house by then.

But the idea of investment is to make money. If you buy your house and it appreciates 10x in price but you dont sell it then it is not an investment because you didnt make money out of it. (like my mom's house - up 15x but she dont want to sell )

(Think we just hijacked the diamond thread.... )

This post has been edited by Bishop: Apr 28 2009, 07:09 PM

Wow Bishop, how far will you bend over to justify and defend Moorish's ignorant talk?

That IS what you're saying, isn't it? That she doesn't know what she's talking about? That although it doesn't make much sense and cannot be called an investment by ANY real standard, to her "simple" ways of thinking it does, and thus she can make that misrepresentation without being called out on it?

And oh my gosh, look, Silverhawk is trying to FORCE his views down her throat?
Last I looked, only WORMS twisted and turned themselves around like that.

Dude, I'm not flaming her. If I start flaming her, she might start crying to her hubby

I don't mind that she disagrees with me as long as she can back up what she says and admit when she's been wrong. Instead she goes about insulting me and saying that what I say has no educational basis. Really, what's the justification for that? The questions I posed were real question, even the question regarding the resale market for diamonds which would surely interest many people here... she chose to ignore and go about her just childish ways.

The fact is, she's been proven wrong on the investment point, but she still continues to push it. If this is a topic to educate people, then I believe people should be properly educated. Its not about HER, its about the information people will get when they read this topic. We should not allow people to be mislead. Unfortunately her maturity and sales background completely blinds her to this simple fact.