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Serious Question for the Serious Board

creepycoug
creepycoug Member Posts: 24,346
edited May 2022 in Tug Tavern
Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?

I'm considering it.
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Comments

  • Doog_de_Jour
    Doog_de_Jour Member Posts: 8,042 Standard Supporter
    edited March 2021

    Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?

    I'm considering it.

    :#

    I wouldn’t. It’s once of the most illiquid assets around.

    This is not to say don’t buy art...absolutely do! But buy it because you love the piece.

    If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.

    Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.

    Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,794 Founders Club
    I've watched Met Art films
  • Baseman
    Baseman Member Posts: 12,382
    edited March 2021

    Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?

    I'm considering it.

    :#

    I wouldn’t. It’s once of the most illiquid assets around.

    This is not to say don’t buy art...absolutely do! But buy it because you love the piece.

    If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.

    Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.

    Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.

    Well this NFT gem brought $130,000 and it's on the blockchain. So....

    If a blockchain impressionist master isn't your speed you could have this self portrait, blockchain's own Vincent Van Go

    Open your mind woman!
  • BennyBeaver
    BennyBeaver Member Posts: 13,346


    GO DWAgS!!!!!!1!!!!!!!!
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,709 Standard Supporter

    Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?

    I'm considering it.

    Art was a hooker on 3rd in the early 80's.

    One time. In college. As a learning experience.

  • creepycoug
    creepycoug Member Posts: 24,346
    Baseman said:

    Who here has invested in art as a way to both diversify your risk and also enjoy your investment while you have it?

    I'm considering it.

    :#

    I wouldn’t. It’s once of the most illiquid assets around.

    This is not to say don’t buy art...absolutely do! But buy it because you love the piece.

    If you do want to get serious about it, treat it as a long term venture. You’ll need to start doing lots of research into it: what styles do you gravitate towards? Are you into sculpture or paintings? Also learn the terminology.

    Once you know what you like you’ll want to start going to exhibit openings, auctions, art fairs. Then make relationships with galleries, dealers, and if at all possible, the artists themselves.

    Oh, and if you buy something for the long haul, be prepared to take of it. It will need to dusted/handled/displayed carefully.

    Well this NFT gem brought $130,000 and it's on the blockchain. So....

    If a blockchain impressionist master isn't your speed you could have this self portrait, blockchain's own Vincent Van Go

    Open your mind woman!
    So I'm busting my ass here for like two months trying to breathe life into you're board, and THIS is what brings you back?

    I now hate you as much as you hate me. 7-11, Sunday evening. You know which one. And don't be a no-show like four eyes in the Tug. I know how to drive to Tacoma.