Episode 96 - Diamonds - A Cut Above in the World of Investing

Podcast: Purpose-Driven Wealth
Episode: Episode 96 - Diamonds - A Cut Above in the World of Investing

The most consistent lesson in investing is that all assets carry a certain risk, and price is dependent on the market. Investors are always on the lookout for new asset classes to help diversify their portfolio as a way to enhance risk mitigation. 

Join us in this episode of the Purpose-Driven Wealth podcast, as Mo Bina talks to Chris Dessi of Diamond Standard about how they created the first and only regulator-licensed diamond commodities. Learn about how they successfully leveraged the blockchain technology in establishing diamond as an investable asset class. 

Here’s what you will expect in this episode:
A lot of steps to following your passion
Dealing with the work-life balance
Understanding your time limitations and executing on that
Structure and routine help keep you on track.
Working with Cormac Kinney – Founder of Diamond Standard
The diamond industry, and the supply and demand drivers
Leveraging the blockchain technology in Diamon Standard Coin
The world's most efficient diamond buyer
Democratization of diamonds as an asset class
2% of the mined diamond is a $200 billion market.
Correlation of this asset class with traditional investments
On investors looking to diversify their portfolio
Are there asset specific risks in investing in diamond?
An investment vehicle for accredited investors

About Chris Dessi:

Chris is the Chief Revenue Officer at Diamond Standard. He is a renowned serial Tech entrepreneur, 3x author, and TEDx speaker. Chris is the former founder & CEO of Silverback Social (sold to Performline, Inc), winning the SmartCEO Future 50 Award in 2016. Chris has a BA in Psychology from Loyola University Maryland and an MS in Direct and Interactive Marketing from New York University. He regularly appears on CNBC, CNN, Fox News, Good Day New York, & FOX BUSINESS’s Varney & Co 

Chris Dessi Links:
Website: https://www.diamondstandard.co/
Reach Out Directly to a Sales Associate: https://diamondstandard.idevaffiliate.com/172.html

Connect with Mo Bina on…
Website: https://www.high-risecapital.com/
YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured
Instagram: https://www.instagram.com/highrisecapital/
Medium: https://mobina.medium.com/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here:
https://www.high-risecapital.com/resources-index