INDIVIDUAL BULLFIGHT - by Dali
risk of 16.5 percent, while the portfolio
libraries covering art history and many
risk of 9.5 percent.
articles in current publications on more
nuances will become more significant
contemporary artists. The only way to
over time.
gain a sense of self-confidence to make
art, where do you start?
that first purchase is through knowledge.
are still available but may be out of your
It may take you a year to feel that you
price range. The most notable work
know your stuff, but take your time.
from Andy Warhol has escalated rapidly
There are many ways to acquire the
art shouldn’t break the bank—after all,
pieces available for more affordable
you’re just starting out in this new
prices. Salvador Dali is perennially
for investment. Note that investing in art
endeavor and you want to purchase
popular and much more affordable for
is different from selecting art to adorn
wisely.
the beginning collector. If you like
For the client interested in the
b)
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in value but there are lesser-known
confidence you need to purchase fine art
painting.
(
Buying that first piece of investment
For example, many of the masters
knowledge that will give you the self-
your walls because you fall in love with a
((
You’re investing in art and these
decision to diversify your portfolio with
Knowledge
n
valuable than another.
with American art only experiences a So, now that you’ve made the
46
There are a number of books in most
Still unsure of yourself? Don’t worry;
Picasso, there are selections that will
there are other ways to feel secure in
not only add value to a collection but
making these decisions. An art
will give you years of pleasure hanging
investment value of art, my first piece of
consultant can help. This person will
on your wall. Another prolific artist is
advice is to learn everything you possibly
work with you, and within your budget,
Joan Miro, whose work is readily
can regarding the period or artist in
to acquire the works that fit your time
available for the novice and
which you are interested. This isn’t as
period or your artist. This person should
intermediate collector.
difficult as it may seem. Visit museums
take the time to understand what you
and galleries. Ask questions and ask
know about the art you are trying to
investment is to select work from the
again until you understand what they are
collect and teach you some of the
emerging artists. These are artists of
telling you.
nuances that make one piece of art more
unproven quality and generally with no
magazine | s p r i n g 2 0 0 8
Another method of collecting for