PORTABLE WEALTH, inc.
A: Your diamonds will be sold through the Portable Wealth, Inc. remarketing program. Our remarketing program will use its best efforts to resell your investment diamond when you are ready to liquidate. Our remarketing program is backed by a national sales force comprised of financial planners and insurance agents from throughout the United States. When your diamond is submitted for remarketing after 36 months, 85% of the current price at the time of tender is paid to you. In the event the diamond is tendered for resale within the 13th and 36th month of ownership, payment shall be limited to 75% of the current price. In the event the diamond is tendered for resale within 12 months of ownership, payment shall be limited to 50% of the current price. Top priority is given to all stones submitted for remarketing by notifying all national sales representatives that your diamond(s) is/are available to their clientele for purchase. The company cannot guarantee that its best efforts will result in the rapid sale of the diamond(s).
A: Every diamond sold by Portable Wealth, Inc. is accompanied by laboratory certificate and the diamond is in a container sealed by the laboratory. Portable Wealth, Inc. does not grade its own diamonds.
A: Yes, your diamond(s) will be shipped directly to you via U.S. Post Office, registered and insured for their full value at a cost of $30.00 per diamond. We advise that you place them into a safety deposit box. Alternatively, Portable Wealth offers a storage program at no cost to you. Should you elect to have your diamonds stored, a Retrieval From Storage form will be shipped to you when your order has been completed.
A: One of the largest obstacles for an investor to overcome is the effect of inflation and taxation on purchasing power. Diamonds act as an insurance policy against inflation. This is primarily due to the strong control of the De Beers cartel.
A: De Beers (De Beers Consolidated Mines) is a diamond cartel. They control more than 85% of the world's rough diamond supplies. Their annual sales total in the billions. Even Russia markets diamonds primarily through De Beers.
A: In the past 50 years , inflation has been a major factor contributing to the rise in De Beers rough diamond prices. Today, heavy foreign buying and higher worldwide inflation are the catalysts which are pushing prices higher.
A: Absolutely! Diamonds have been glowingly featured in:
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A: The problems in South Africa can only cause diamond prices to increase. Moreover, Portable Wealth, Inc. only buys and sells conflict-free diamonds.
A: With the information provided on an internally recognized and tradable certificate from GIA (Gemological Institute of America) a top quality diamond can be bought or sold anywhere in the world. This Internationally acceptable grading and documentation makes transactions faster and easier for both buyer and seller. These independent laboratories neither buy or sell stones. They certify and provide accurate information on color, clarity, cut, and carat weight. Sample Certificate.
A: Generally, financial and estate planners will recommend an investment portfolio contain no more than 20% of hard assets and recommend diamonds be held for a minimum of 5-10 years to allow for maximum appreciation.