It's easy to think of jewelry as a good investment, which it can be when you're in possession of natural diamonds, emeralds, and other precious gems. However, Screwvala said your jewelry may not be as inherently valuable as you think.
When looking into purchasing valuable stones, be sure to do your research. Screwvala said jewelers may use lab-grown diamonds which have no inherent or resale value. "As they're neither precious nor rare, they won't receive a meaningful appraisal, which means as soon as you leave the store, the value will start to decrease," he said.
Natural diamonds will retain their value over time due to their rarity, meaning it can be passed down from generation to generation or sold later down the line. "If you are given the option you should go for the real thing every single time," he said.