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Art investment has always been a store of value and a vehicle for capital appreciation. What was once the sole domain of the wealthy, art collecting is now a lucrative investment opportunity open to virtually anyone. With both Nick Morris solo work and Doug Bartlett work having almost tripled in prices in 7 months this is a ground floor art investment opportunity as the prices continue to increase. Investing in Upcoming Artists for profit Invest for Visual Enjoyment As a collector of Australian art, you are also participating in the building of Australian culture. This has unquantifiable rewards. Invest for DiversificationUnlike property and shares, quality art is largely insulated from the volatility of investment markets providing vital diversification when markets are falling. The art market is considerably less volatile and is less sensitive to economic crises and geopolitical events than other assets. Compared to many alternative investments, art also involves low transaction and holding costs. The strength of art as a wealth creating vehicle over a medium to long term can also make an excellent addition to any investment portfolio. |
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