Art, Stocks or Real Estate?
Written by Mari-Lyn Hudson
Even though stock, currencies, bonds and commodity markets, real estate are in flux right now. You may find it less stressful by starting to invest in art. Or at least use this as an alternative to diversity and spread out your investments and risks.
Your enjoyment of buying Art should be one of your 1st considerations before you go out and buy art as an investment. Is it more liquid? Perhaps not.
Personally, when you are buying a mutual fund you are no longer buying one on your own you are investing in what everyone is investing in. It’s like a piggy-back investment. You actually don’t have a certificate of ownership, like you can when you buy art.
If you decide to buy art as an investment to add to your portfolio just do it, not just because you want to make $$ in 2 or 3 years – do it as a long haul investment and for your enjoyment. You can even buy art to adore your office or home walls as an investment.
So some research 1st before you buy art, much like going out to buy a stock or mutual fund. Some say, look for an artists history – do they take their art seriously? Is an education in fine art important to you? If you have an education in fine art does this make a good or great artist? I don’t think so.
Does a stock or mutual fund have education? No. It’s just all in how it is marketed to us by our money managers.
How is an Artist marketing and promoting their art? This to me is important – are they investing in themselves? Where can you find them?
Art needs to speak to you. Sometimes it may even arouse you. Now, this is a great investment.
Where can you start looking for great art that speaks to you?
- Art Galleries
- On-line Art Galleries
- Art Walks
- Local art shows
- Your local decorating store
- Get a feel to what kind of art work you like
- Become friends with artists, experts, scholars and other member of the art community who share similar collecting interests
- Visit the studios of artists, watch them create art
- Look at Artist’s portfolios’ and their Artist statements
- Art auctions
Start to consider yourself an art collector. Owning art is more than $$, status, fashion or a trend issue. Allowing yourself to experience and feel the Artist expressing her/himself; this needs to become an essential part of buying or investing in Art.
Here are some resources to further your research:
Until next time… Enjoy Art!
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Mari-Lyn ♥
Filed under: Art Markets, Resources
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
Thank your Allen for your comment and being on my RSS reader.
I look forward in hearing from you more often.
Mari-Lyn