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 Art Appeal, Good time to buy or not? |
 20.6.2009, 11:03
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#1
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Senior  Group: User Posts: 32 Joined: 16.6.2009 Member No.: 528  |
To be honest I find art more appealing than mortgages and was watching close what was happening at the recent Art Basel (annual art fair). Hard to believe but this year the fair attracted about 61,000 art collectors and other folks connected to art: more people than ever before! Ok, it was fair's 40th anniversary, but still business did go quite well! There's a quote from one of the art consultants: 'Anybody buying quality in the next three or four years will feel good about it in the long term.' Off to buy a lottery ticket, who knows...
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21.6.2009, 9:53
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#2
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Senior Group: User Posts: 33 Joined: 15.2.2009 Member No.: 11 |
Yeah, but you'd need to have loads of funds available and to know a thing or two in what to invest! And with less known artist, it may turn out to be a very long term investment. ps hope you lottery ticket was lucky one
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15.7.2009, 23:31
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#3
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User Group: User Posts: 27 Joined: 18.4.2009 Member No.: 228 |
Can I apply for a loan to buy a piece of art?
To me art at that level is such a specialised area that it's not worth considering investing in unless you are all clued up on it.
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| Lo-Fi Version | Time is now: 12.3.2010, 5:27 |
