I have never invested in art directly. but I invested in a younger brother who is an artist that creates different designs and artwork.
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If you have a fondness for arts then I guess that is a good investment item if you have extra money that you do not use. A painting on the wall is a good investment for you can use it as a display item and serve as decoration to your home. Even in hotels there are paintings in every area.I personally do appreciate the works of arts actually. But I have never personally invested in them before. I would have love to do that if other pressing things and needs are not occupying my mind most of the time
Investing in art is a very good and lucrative business for those that knows the way of handling the business , there are few people out there doing the business of art and they are making money.No i haven't and i never considered to do so because i don't even know anyone who is into arts... I mean sure people can be appreciative about art but to spend money for it... I guess it depends on the country you are from? It's not going to work here in my country.
I am never invested in it before but I know that he loves us because people buy out with a lot of money so expensive because the chair if it's so much.I have never invested in art, because my considerations are: Investing in art is not as easy as what we imagine, because the purpose of investing is different from buying art as a collection or just displaying it on the walls in the house. Art appraisal requires its own expertise because currently there are works of art from Beginner Artists, bluechips and Works of Maestros. we also need to consider art is not a liquid asset, requires maintenance fees, does not have fixed prices and market fluctuations, there is no guarantee of the price. Art assessments are often not transparent, including assessments of authenticity, and incur high costs,
Investing in arts needs knowledge and patience. Knowledge is what makes you choose the good art work for investment while the patience is to not expect to earn from the art work that you bought because it will take years before it appreciates in value. An art collector must be an art lover too.That's very interesting and I believe is very profitable to some extent even though it requires a person who have experience and better knowledge and understanding about those art stuffs. not everyone can go into such because you may end up losing.
I love art work and at work are so expensive but the only thing is that I don't know how to invest in art work since I'm not a creative art work designerI have never invested in art, because my considerations are: Investing in art is not as easy as what we imagine, because the purpose of investing is different from buying art as a collection or just displaying it on the walls in the house. Art appraisal requires its own expertise because currently there are works of art from Beginner Artists, bluechips and Works of Maestros. we also need to consider art is not a liquid asset, requires maintenance fees, does not have fixed prices and market fluctuations, there is no guarantee of the price. Art assessments are often not transparent, including assessments of authenticity, and incur high costs,
True, not every one are interested in arts. Like in my location, the sales and buying of art works are very rare, you can see arts being sold at road sides on some specific places like busy round abouts, or road junctions.Sometimes it use to be very lucrative to invest in art but what I have come to understand is that not everyone is willing to spend money on art work. In fact people here will only admire but to purchase is a problem.
Wow, that's good to learn.A lot of people don’t know about investing into arts. I have a friend who does this. He buys arts pieces and hoard them for a long time so he could auction at a high price and he makes very big profits. What’s your view on this? Share them below