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Serious Question for the Serious Board

creepycoug
creepycoug Member Posts: 24,032
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.
«13

Comments

  • Doog_de_Jour
    Doog_de_Jour Member Posts: 8,041 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: 113,777 Founders Club
    I've watched Met Art films
  • Baseman
    Baseman Member Posts: 12,369
    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: 48,030

    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: 24,032
    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.
  • Baseman
    Baseman Member Posts: 12,369

    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.

    I create and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


  • creepycoug
    creepycoug Member Posts: 24,032
    edited March 2021
    Baseman said:

    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.

    I create and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


    Hey there. Fuck off.

    And, get the fuck off my fucking board. We don't need you here.

    Fuck it. I'll take the clicks.
  • Baseman
    Baseman Member Posts: 12,369
    edited March 2021

    Baseman said:

    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.

    I create and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


    Hey there. Fuck off.

    And, get the fuck off my fucking board. We don't need you here.

    Fuck it. I'll take the clicks.
    No problem, Wade Cook. I decided to stop by HH for a couple days because I had a few days to kill. Now that I see you're cleaning up my mess, I'm out
  • Doog_de_Jour
    Doog_de_Jour Member Posts: 8,041 Standard Supporter
    This internet dick measuring contest bores me.
  • creepycoug
    creepycoug Member Posts: 24,032
    edited March 2021
    Baseman said:

    Baseman said:

    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.

    I create and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


    Hey there. Fuck off.

    And, get the fuck off my fucking board. We don't need you here.

    Fuck it. I'll take the clicks.
    No problem, Wade Cook. I decided to stop by HH for a couple days because I had a few days to kill. Now that I see you're cleaning up my mess, I'm out
    This might be the worst of your many terrible posts. Again, you're welcome.

    Bye Bye Felicia.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,777 Founders Club

    This internet dick measuring contest bores me.

    Do you know why women make lousy carpenters? They been told 4 inches is a foot

    Bada boom
    🤣

    “Measure twice, cut once”

    - Lorena Bobbitt
    YBE
  • HoustonHusky
    HoustonHusky Member Posts: 5,999

    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.

    image

  • creepycoug
    creepycoug Member Posts: 24,032
    edited March 2021

    This internet dick measuring contest bores me.

    I've certainly been embroiled in such contests, as you well know. ;)

    But not today. This bore walks away from his own idea and casually swings around out of nowhere (with a few days to kill, lolz), drops three third-person referenced posts on successful stock picks (a limitation of his intellectual interests that caused this board to be a mausoleum in the first place), immediately bleeds out in response to some good natured ribbing from yours truly, and then makes clear why he was here in the first place, which I guess was to name drop his new stock pick pay board ... or whatever.

    And @NorthwestFresh , RIP, used to say I'm arrogant. Jimminny Christmas.
  • creepycoug
    creepycoug Member Posts: 24,032
    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.
    True enough about liquidity. Stipulated. But you can always sell the right art. Not quickly, but you can sell it. The idea is a unique diversification that I understand. I don't understand crypto, and it has limited history. Art has held value for eons. It was no random hobby that inspired the Nazis pilfered France of great art and tried to keep it as they retreated.

    Yes, all those points are good ones. You have to go through a rigorous authentication process, and you have to have someone on your side. I posted about this a couple months ago. I have a contact in Boston who knows this shit and has invested herself. Her access includes, among other big names, varied works by Chagall, which really can range in price depending on what you get. But you're going to spend a lot of $$ even for a lower-end piece. I break it down like this:

    Good: the value increase has been steady and there's no reason to think that will change (he's been dead for a while now); I like his work; I can look at it and enjoy it during the investment period.

    Bad: I will likely overpay, as the market for fine art is inefficient; I will have to make arrangements to really secure my house, I'll have to add a rider to my homeowners, I will have to get some kind of safe or something in my house so I can go on vacation and not worry about it and I will have to lie to my friends and say it's a fake; and, lastly, to your point, I can never use it for "need money fast" or I will take a bath.

    Art is a legitimate alternative. I mean, when you stop and think about it, it is AT LEAST as rational as buying a metal brick.
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 68,325 Founders Club
    Baseman said:

    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.

    I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


    Fixed that for you
  • BennyBeaver
    BennyBeaver Member Posts: 13,346

    Jimminny Christmas.

    Severely underused and underrated exclamation.

    Kudos.
  • creepycoug
    creepycoug Member Posts: 24,032

    Baseman said:

    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.

    I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


    Fixed that for you
    I've been playing that "you hate me" malarkey with him for years and (1) he's too fucking stupid to get it, (2) he takes himself so fucking seriously that he can't be bothered to trade a little humorous shit talk (i.e., no sense of humor) or (3) he's just a fucking lightweight. I'm going with abundance.

    But the Lulz of the week was the "I had a few days to kill" line. Nuclear Lulz. Thanks for taking time out of your busy life Elon. What a fucking ego on this dude. "I create". More Lulz.

    Our Floundering Father making an ass of himself in his old neighborhood.

    @Baseman
  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,165

    Baseman said:

    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.

    I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


    Fixed that for you
    I've been playing that "you hate me" malarkey with him for years and (1) he's too fucking stupid to get it, (2) he takes himself so fucking seriously that he can't be bothered to trade a little humorous shit talk (i.e., no sense of humor) or (3) he's just a fucking lightweight. I'm going with abundance.

    But the Lulz of the week was the "I had a few days to kill" line. Nuclear Lulz. Thanks for taking time out of your busy life Elon. What a fucking ego on this dude. "I create". More Lulz.

    Our Floundering Father making an ass of himself in his old neighborhood.

    @Baseman
    @MikeSeaver
  • creepycoug
    creepycoug Member Posts: 24,032

    Baseman said:

    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.

    I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


    Fixed that for you
    I've been playing that "you hate me" malarkey with him for years and (1) he's too fucking stupid to get it, (2) he takes himself so fucking seriously that he can't be bothered to trade a little humorous shit talk (i.e., no sense of humor) or (3) he's just a fucking lightweight. I'm going with abundance.

    But the Lulz of the week was the "I had a few days to kill" line. Nuclear Lulz. Thanks for taking time out of your busy life Elon. What a fucking ego on this dude. "I create". More Lulz.

    Our Floundering Father making an ass of himself in his old neighborhood.

    @Baseman
    @MikeSeaver
    @MikeSeaver doesn't care about this malarkey.
  • creepycoug
    creepycoug Member Posts: 24,032

    Baseman said:

    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.

    I create and then lose interest and wander away and somebody else gets the glory. Podcasts, new boreds, inside dope on team and recruiting and you have the audacity to invent this imaginary feud?

    Congrats on your free ride on my coattails.


    Fixed that for you
    I've been playing that "you hate me" malarkey with him for years and (1) he's too fucking stupid to get it, (2) he takes himself so fucking seriously that he can't be bothered to trade a little humorous shit talk (i.e., no sense of humor) or (3) he's just a fucking lightweight. I'm going with abundance.

    But the Lulz of the week was the "I had a few days to kill" line. Nuclear Lulz. Thanks for taking time out of your busy life Elon. What a fucking ego on this dude. "I create". More Lulz.

    Our Floundering Father making an ass of himself in his old neighborhood.

    @Baseman
    @MikeSeaver
    @MikeSeaver doesn't care about this malarkey.
    So quit bothering @MikeSeaver

    @RaceBannon
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,777 Founders Club
  • ntxduck
    ntxduck Member Posts: 6,121

    This internet dick measuring contest bores me.

    I've certainly been embroiled in such contests, as you well know. ;)

    But not today. This bore walks away from his own idea and casually swings around out of nowhere (with a few days to kill, lolz), drops three third-person referenced posts on successful stock picks (a limitation of his intellectual interests that caused this board to be a mausoleum in the first place), immediately bleeds out in response to some good natured ribbing from yours truly, and then makes clear why he was here in the first place, which I guess was to name drop his new stock pick pay board ... or whatever.

    And @NorthwestFresh , RIP, used to say I'm arrogant. Jimminny Christmas.
    What happened to him?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,777 Founders Club