Good Art Investment Strategies?
The art market has become a safe investment alternative, being a source of goods that do not depend exclusively on the government and its actions . It was this area of the economy that recovered the fastest from the recession experienced during the first decade of the 20th century. In times of high inflation, art has remained stable in its prices. These are some of the reasons why investors look at the art market in times of uncertainty.
According to the Huffington Post newspaper , the modern portfolios of investors should at least have between 5% and 7% of art in them. Diversification is key to successfully face market fluctuations.
In terms of value, the prestige and beauty of a work of art will never change, beyond the monetary price it has. The acquisition of a work should not only be seen as a pecuniary investment, but as an acquisition that is based on its aesthetic and contemplative value.
Jack Armstrongs paintings
Nor is it strange that a work becomes a great treasure. Great masters like Van Gogh and Cézanne barely sold some at very poor prices. They never saw their compositions cost hundreds of millions of dollars. That is why investment in art should also be seen as a great commitment to the future.
'Introducing investors to the concept of contemporary art appreciation and art lovers to the concept of art as a Global asset class.
Star Global is among a growing number of new investment vehicles trying to harness investor interest in assets not subject to the vagaries of the stock or bond markets. It is also a testament to the financial world's ability to commoditize, securitize, and trade just about anything.
According to the Huffington Post newspaper , the modern portfolios of investors should at least have between 5% and 7% of art in them. Diversification is key to successfully face market fluctuations.
In terms of value, the prestige and beauty of a work of art will never change, beyond the monetary price it has. The acquisition of a work should not only be seen as a pecuniary investment, but as an acquisition that is based on its aesthetic and contemplative value.
Jack Armstrongs paintings
Nor is it strange that a work becomes a great treasure. Great masters like Van Gogh and Cézanne barely sold some at very poor prices. They never saw their compositions cost hundreds of millions of dollars. That is why investment in art should also be seen as a great commitment to the future.
'Introducing investors to the concept of contemporary art appreciation and art lovers to the concept of art as a Global asset class.
Star Global is among a growing number of new investment vehicles trying to harness investor interest in assets not subject to the vagaries of the stock or bond markets. It is also a testament to the financial world's ability to commoditize, securitize, and trade just about anything.
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