The search for an “Investment Elixir”
The quest for the Elixir of Life has occupied human civilisation for thousands of years. We have constantly sought the magical compound that can help us defeat the ravages of time and live an ever-lasting life in our earthly domain.
In early China, it was believed that consuming valuable long-lasting substances such as cinnabar (related to mercury), jade and haematite would provide a person with some longevity.
In Indian texts, Amrita the last of the fourteen treasures that emerged from the churning of the ocean was supposed to grant devas immortality – although this was a spiritual immortality, rather than a person living forever.
The ancient Greeks believed that consuming ambrosia, a sweet honey like substance could bring a person back to life and enable them to defeat death.
Early Christian beliefs about eternity, focused on the Tree of Life which endowed immortality on those who ate from it, the Holy Grail which some believed could not only heal the body but make the drinker immortal and the Philosopher’s Stone, the recipe for which was said to contain liquid gold. In fact, the word elixir was used during the Middle Ages to refer to a substance that could transform base metals into gold.
As our knowledge of the world around us improved, we understood that many of these beliefs were false and some of the substances were actually toxic.
More recently, research on the elixir of life has focused on the importance of diet, exercise and pursuing a healthy lifestyle. For example, we know that eating certain foods such as those in the Mediterranean diet will lead to better health outcomes and reduces the incidence of heart disease.
How can we use these elixir of life lessons from history to inform our approach to investment? Is there an “investment elixir” that enables us to manipulate time to our advantage and navigate the endless sea of “investment alchemists” who claim that they can predict when we should or should not invest and what we should invest in? Well, the answer is a bit of both – no and yes.
While the magic investment bullet eludes us, there is no question that time in the market generally beats market timing. Remember Warren Buffet won his famous 2007 bet of $1million (USD) that the S&P 500 would outperform a selection of hedge funds over 10 years.
And we all know how much Australian capital city property prices have grown since 1999. However, if you pick the right IPO, like Ecofibre Industries for example, you can achieve a 300% return on your investment in under six months.
But what of the next 20 years? How can we get decent returns and avoid having to pick market winners? Argyle Diamond Investments has a potential answer for you – Australian pink diamonds.
Proven substantial growth over 20 years coupled with decreasing supply right now, create the ideal conditions to achieve greater capital growth than other forms of investment over the next decade. Take the time to call one of our experts today and we will show you how to get involved in this exciting market.
This article expresses the opinions of Argyle Diamond Investments Pty Ltd only. Argyle Diamond Investments do not receive any compensation from nor is there any business relationship with any company or person mentioned in this article.