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Is Buying Art A Good Investment

Is Buying Art A Good Investment

With interest rates at an all time low, in fact, zero in the case of many financial companies, many people are looking for other places to put their money.

While the stock market is usually the best choice for many, there are always others who long for the possibility of higher returns and are willing to take the extra risks to get them

That’s where alternative investments come in. Art certainly fits in the category of an alternative investment for most people.

If you are considering any kind of investment, then make sure you head over to reviewsbird.com first and check out what other people are saying about the product that are thinking of investing in.

History of Art Investing

Many a poor struggling artist has wondered how they will pay the next bill or buy their next meal.

And many of these artists never sold a single painting in their lifetime. Take Vincent van Gogh for example. Often thought to have only sold one painting in his life, his works now fetch millions.

Spotting his talent and either purchasing his paintings during his lifetime would certainly have been a shrewd investment.

In fact though, what happened historically was something similar. Often an artist would be approached by an investor who would offer the artist a retainer, a regular payment, in return for their works of art.

This way, the artist funds their passion and makes a living wage, and the investor end up with a collection which, if they chose carefully, could end up making a mint.

Modern Art Investing

This practice still goes on today, although it’s very unlikely that you or I will be funding any struggling artists any time soon.

There are however, other ways that you can invest in art today, and art can be an excellent investment.

Nowadays it’s all about spotting the trend. Often eyes are on the flow of money, and it’s all about riding the wave.

If you can spot the artist that is making a splash now, then there is a chance that you can get in on the action and secure yourself a piece of their work.

Difference is, you may not be looking to hold these pieces for a long time, but flip them relatively quickly. Modern art investing is a very different animal to what it used to be.

Investment Funds

If this doesn’t sound like the way you want to go, then there are alternatives.

Just as you can go and buy stocks, or even exchange traded funds, then you can buy stocks and funds that are art based.

You can spread your risk, and control your exposure by buying in and selling whenever you want to.

There are many different art investment funds to choose from, and if this sounds like it’s for you then you’ll need to do your research and decide which one of these is tailored to suit your needs.

All you need to do is provide the initial finance.… Read More..