In the past few decades, art has become an increasingly popular asset class among the wealthy, with more people than ever before purchasing fine art. In fact, in many ways, art is one of the best investments you can make. Research suggests that it is a relatively safe and stable asset, and most importantly, that it provides returns that are above the average for other types of investment. Here’s why you need to seriously consider starting an art collection as soon as possible.
1. You can use it to diversify your portfolio
Asset allocation is critical when it comes to investing wisely. In essence, this means being able to have a well-balanced portfolio that doesn’t rely on any one particular type of investment for stability and growth. This is especially true when you’re just starting out with your investing career, because you’ll want to be able to take advantage of opportunities for growth and profit without putting yourself in danger of losing everything at once. One of the best ways to accomplish this is by having a diverse portfolio of assets – stocks, bonds and real estate are typically good options – but another way is by also investing in art.
2. It actually makes money
Given that art has historically been a somewhat risky type of investment (which can be seen in how art
Art is an investment and gains in value over time. So its a great way to build wealth. But you have to pick the right artist. This is why i started a blog about it. I teach people the basics of art and how to invest in art, or even start their own collection for fun or profit.
You need to have the right pieces of art – not all of them will gain in value and make you money but if you know how it works its a great way to get rich quick.
I also help people who want to get into the art world and become artists themselves. I teach them how they can make a living making art while they sleep.
If you want to learn more visit my website at www.homeartblog
Art appreciates in value over time. Contrary to popular belief, it does not have to be a famous artist or a famous work of art to appreciate in value. You can start an art collection simply because you love the art that you buy and want to share it with others.
The truth is that certain types of art appreciate in value faster than other types of art while maintaining their investment status.
My advice is to buy original works of art and to collect something that you love and that speaks to you. Collecting art is a wonderful way to build your own unique collection over time, and as your collection grows so will your appreciation for the art itself.*Beatriz**
Art is one of the most valuable investment options available today. But it’s not just about the money; for many people, art is a way to create a home environment that inspires and delights. Anyone can start an art collection, from first-time collectors to the world’s great museums. The important thing is to get started creating something that’s moving and inspiring for you!
Note: This article was inspired by reading “The Art Instinct: Beauty, Pleasure, and Human Evolution” by Denis Dutton (Oxford University Press, 2009).
We are now going to discuss the other part of your investment: art.
Art is one of the most expensive things you can invest in, with a few notable exceptions (Picasso and Monet have had some pretty wild ups and downs). It is also one of the most flexible. You can get an art advisor to guide you through the process, which is highly recommended, or you can do it yourself. You can buy a specific artist’s work, or you can invest in a more general collection. The sky really is the limit when it comes to investing in art.
Let’s start with some basics about how to view a piece of art. Art is not unlike wine — for both, there are many ways to enjoy it. A painting is like a bottle of wine in that you don’t need to know every detail about how it was made in order to appreciate it (and you’re probably not going to be interested if someone starts trying to tell you). You just have to be open-minded and willing — and that goes both ways. If someone tells you they don’t like your taste in art, don’t take it personally!
The way I approach art is kind of backwards: I start by looking at what I’m interested in seeing and then go
You can’t put a price tag on art, but that’s not because it has no value. On the contrary, if you are an investor who wants to buy an original artwork, it is because you feel that the piece has immense value for you. What makes art so valuable?
Art is an investment because it is something with a concrete value attached to it. It is something that has been created by an artist whose talent and skill will never diminish. It will always be there for you to appreciate and enjoy.
Art is an investment because there is no risk of depreciation. The value of your art will not decrease over time or be affected by external factors such as changes in the economy or interest rates.
Art is an investment because its real value grows as you appreciate it more and more over time. As you learn more about the artist, art history and current trends, your appreciation grows exponentially. You become increasingly appreciative of what this piece means to you and how it fits into your life story.
When you buy a piece of art, your appreciation of the piece grows over time, so in essence the price of your artwork becomes cheaper while its value becomes higher and higher. This makes art one of the best investments around, particularly when compared to stocks or bonds
Many artists create their masterpieces on canvas, but others choose to express themselves in a different medium.
Some individuals have taken up the art of taxidermy. Specifically, the art of mounting dead animals in lifelike poses and displaying them for public display.
One of the most prominent artists in this field is H.R. Giger. Giger is most famous for his creation of the creature from Ridley Scott’s Alien film series. While some are appalled at the idea of displaying dead animals as works of art, these individuals fail to appreciate the amount of work that goes into creating these pieces and also fail to realize that they are not harming any animals by displaying them for public display.
Eco-friendly German artist Markus Klinko displays his works in museums and galleries around the world today, and other artists such as Johnathan Kaldor have also joined this movement within recent years.
Artists like Klinko and Kaldor pick animal carcasses clean of flesh to preserve the skin and bones intact, but they do not kill or harm any animals or deplete our natural resources while doing so. In fact, they actually build up our natural resource reserves by utilizing materials that would otherwise be discarded or destroyed as waste products.
