At a time of crisis a little bad for stock market investing can be an excellent choice to put the money in works of art.

Are bad times for the investment, especially in Stock Exchange, where although you can still make a profit, the risk is quite considerable. Nor do they seem safe enough other traditional forms of investment such as the foreign exchange market or investment funds. The crisis, fears of a new recession and uncertainty about the future are endless. Although it should be cautious, it is obviously necessary to move the money to not get stuck.

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At this juncture, do not stop appearing on television and internet news reporting astronomical amounts have been paid for a painting of a particular artist. Can be a good idea to allocate our funds to buy something? When looking for a safe haven, now that he has abused the buying gold and precious metals, Which is no longer so sure, there remains the option of considering the acquisition of works of art. But do not take an expert in the field to know what to buy? Do we have to like art? We examined the points to consider when opting for this path.

What to buy when it comes to investing in art?

First, it is obvious that one should bet on modern art at the time of investing. On the one hand, prices are always lower in relation to what it costs to buy works with one or several centuries old. Of course, they are also going to revalue over time, but do so at a much lower than the rate at which prices rise to modern works. In general, any kind of artistic expression can be taken as an investment. But traditionally opted for painting and sculpture, they are safer ground. The photography and the video art and even modern art installations could also be used, but are more minority and risky.

Are there risks when investing in art?

It should be realistic and careful. Although the art tends to increase in value forever, this does not mean that after purchasing we go to sleep. You could also lose money because of an oversight. Basically, art behaves much like the equity market, although it may take some time to affect the downward trends and crises, and often do so to a lesser extent.

In addition, maintenance costs, security and transfer of works of art are much greater than the purchase of shares. So, you need to have a greater benefit to make the operation profitable. The disadvantage is that it is clearly a very broad market in which there are many artists, so keep up, and have the information you need can be an arduous and complicated. Another factor to consider is that if necessary, retrain our art into cash takes time.

Advantages of investing in art

In an extreme case, a stranger who suddenly critical success with an exhibition could see how the price of his works are multiplied by ten. Without reaching these levels, it is feasible to achieve a 15% benefits shortly. And it’s not uncommon for five or six years to double the pictures of a particular artist in terms of sales you made, increased prestige, etc. Over time, if an artist dies, all that has cost more.

In the long term, the benefits are almost assured. Furthermore, the minimum amount of money needed for the investment is usually lower than that required to invest in the stock market. There is the possibility of traveling to countries where prices are lower and profit by selling elsewhere. You can also find lots unsold at auction and sold at a lower price. Sometimes you can rent the works for museums and exhibitions, generating an income.