Are you investing in stock market, real state, or gold …
Investment in Art!! Whats going on your mind?…I am sure, you all are thinking “WHY SHOULD I INVEST IN ART ???” & What are the chances to get a good return.
The key to create wealth is through building a diversified portfolio of investments with long term horizon.
If you have good amount of money & inclination to try something new, you can consider FineArt/Paintings as an investment. Investing in art is increasing acceptance around the world. It is one of the new alternative investment.
Study has shown that art holds demand in the market during an economic boom as well as a slowdown.
The investment period for Artwork is over 3-4 years. The percentage gain in this investment is quite high. It depends on the Art. To get the best returns, it is wiser to buy the works of renowned artists.
Some ways to buy art include:
- From galleries
- Through art dealers
- Online
- At art fairs
- At auction
- From university graduate shows
Before Buying Art, collect few information about artist :
- Who is the artist?
- How important is the art?
- Where the artist lives and works.
- Where, when and with whom the artist studied.
- Organizations the artist belongs to.
- Galleries, museums, or institutions where the artist has exhibited art either in one-person shows or in group shows with other artists.
- Awards, prizes, and honors that the artist has received.
- What is its history, and documentation (who own the artist’s art)?
- Is the asking price fair?
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