GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
What Is Art Investing?
Investing in art has a long, colorful history of patronage and trendsetting that stretches back hundreds of years.
But that was the old way to do it.
Someone like Cardone has access to professional help that the average person cannot afford, he said.
This isnt always the case for the average investor.
Overall, I think interest in investing in art stems from investors wanting to invest in what they love.
Indeed, one pro of investing in art is low correlation with other asset classes.
Studies have found this to be the case.
As a tiny shareholder, I cant even push to get them sold.
Another con, according to him, is that its a little opaque.
Some would say the same can be said for the stock market, said Johson.
While that is true, literally anyone can buy shares in any stock.
That is not the case for art.
Its in a gallery somewhere, added Wang.
Its probably not feasible to the everyday investor.
That money wouldve been way better off in the market over these last three years, thats for sure!
More From GOBankingRates
Share This Article:
