Have you ever felt tempted to invest in art? Investing in art is becoming more popular by the day as there are a lot of benefits to investing in art compared to other more traditional forms of investments and who does not like to have the bragging rights to say that you bought a painting and then sold it 10 years later for three times the amount?

But before we can start bragging and investing in aesthetically pleasing art we need to get some knowledge about the investing world. This is key whether you buy your first artwork or have gained some knowledge already in the market. 

4 great tips if you want to invest in art

https://gallerima.com/product/the-party-of-the-life/
  1. DO NOT GET LOST IN THE SAUCE – When an asset performs well, everyone wants a piece of the action, it does not matter if it is stocks, cryptocurrency, real estate or in this case art. The problem with this is that the returns created become superficial and it can easily create a bubble, and people if people make promises that are too good to be true they often are that. So make sure that you make your research and buy high-quality work and do not trust those that make big promises.
  1. DO NOT PUT ALL YOUR EGGS IN ONE BASKET – Do not go all out on that one painting that you love that you think will be worth millions in 20 years, you need to protect yourself against the risks associated with investing and diversify your portfolio of artworks. 
  1. THIS IS NOT A SHORT TIME PLAY – When you invest in a painting you need to know that this is not a stock that will double in value overnight. Investing in art is over a 10+ year period if you want to see an actual return. Art is also a non-liquid asset, meaning if you want assets that you can quickly sell to make some money, you need to look elsewhere because it takes time to find a buyer for an artwork willing to pay your price.
  2. THE ART MARKET DOES NOT CARE ABOUT THE STOCK MARKET – It does not matter how the global economy or the stock market is moving. Even if the stock market is sinking like the titanic the value of your art may still increase. This makes art a great way to diversify your portfolio away from assets such as real estate, stocks, bonds and funds.