subject: Why art provides you with a greater return than the stock market [print this page] Why art provides you with a greater return than the stock market
It's clear that the stock market offers the opportunity to generate massive earnings. But the stock market is comparable to gambling, and there is no guarantee you will get a return on your money. However there are other, a lot more secure methods to invest your money; with investment in art as one of the most dependable ways to make sure you gain a profit.
Many people are intimidated by the idea of purchasing art due to a lack of knowledge around the subject. However , there is no requirement to be an expert. Take a trip to the library and borrow afew books on art; endeavoring to read a minimum of one book on 'art history'. Don't forget about the value of the online world; with most of the world now logged on, there are lots of art forums where you could get chatting with other arty types and increase your knowledge further.
You should also take the time to read industry magazines and pay a visit to local art galleries. When determining which artist or art affords the greatest investment for your needs, consider buying art from an up and coming artist. When the artist is really getting recognized, their work is very likely to see a quick increase in value, and if an investor is to purchase the artists work at this point, the art has less space to increase in value further. The optimum time to purchase an artists work is just when interest in them starts to increase.
Sadly, with every man and his dog looking to make a speedy buck, cons are rife within the art world, so be sure you keep your wits about you and do not make rash purchases. Ebay is flooded with scams of every variety, and art buyers are excellent targets (one common scam is sellers passing off prints as the real thing, but scammers will always be thinking up new strategies, so keep a sharp mind). However tempting it might be to pick up an amazing looking deal, purchasing art from ebay, as well as over the net in general, is extremely risky, and is best avoided entirely. If you do decide to purchase art in this way never forget golden rule, 'if it sounds too good to be true, it probably is'.
If you've made the decision that investment in art is for you, it is essential for you to take measures to maintain the condition of any paintings you purchase. The best way to protect paintings is by housing them in museum standard framing. Although museum standard framing is often rather costly, it's the very best framing out there. And surely, the very last thing you need, is to find out your art has gathered ten times its value, but due to unsuitable storage is now worth next to nothing.
If you're not convinced that you'd rather invest in art than choose the stockmarket, understand that the worst that may occur is that the art you buy just doesn't increase in price. Despite the fact that this will rarely happen, the plus side is that with art, you still have something that you are able to value yourself at home, compared to ownership of a worthless stock certificate. Art is chiefly there to be enjoyed, and even though it does present great profit-making potential, bear in mind its true function and be sure to pick pieces that you'll be able to enjoy for many years to come.
