Hey everyone,I have a situation for a close friend who has almost a million in real estate assets + an insured jewelry store (not sure if thats counts) but made VERY low income last year.

I actually wanted her to be in the house (for security reasons) but she didn't want to be there and it was nerve wracking because she left her jewelry all over her bedroom and I had to be extra careful (especially with bigger groups) so nothing got stolen.

Don't wear jewelry when shaking their hands.

.- Personal Articles: Coverage for belongings that have a special or collectors’ valuesuch as Jewelry, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report)It is not your credit score, but generally better credit will result in a better score- Time at your job- Education level- time at current residenceHere are some things to look for from an Insurance prospective:1.

My stepmother is very good at this as well, buying and selling primarily antiques and jewelry.

And lets say you buy it for more than the assessment value times the Common Level Ratio, then there may not be any tax owed, (this is dependent on the total estate picture, if the real estate was under water, but there were other assets like bank account, paintings, jewelry, personal property then there would still be tax owed and the Revenue property probably won't release the lien on the property until the total Inheritance Tax obligation is paid for the entire estate. 

Insurance will pay for most stuff, but we lost baby pictures, clothes, inherited jewelry, .... priceless items!

I pocketed 2k profit per weekend selling hand made glass jewelry.

I have been burnt twice, once I got majorly robbed with all my jewelry in a safe - $20,000. from ex roommate, the other left without paying rent and left me with no roommate for 3 months.Now the potential tenant wants his $100 back.

I suggest you do that too.If you were going to begin investing and dealing in diamonds, don't you think it would be logical to understand what those rocks were, how they cut, what different grades were, why they are used in industry and for jewelry or simply left as investment grade before you jump in and start dealing in this area?