Buy Fine Art
The fine arts include photography, painting, sculpture, musical composition, and certain kinds of writing. Fine art movements on the national and international scale emerge approximately every twelve years, leaving ample opportunity for art patrons to buy fine art. However, by examining these movements and the artists who forge them, we can reap tremendous insight into the cultural mores and political leanings of the times.Deciding to buy fine art can be a delicate business, however. Prices for expensive pieces can appreciate or depreciate suddenly for no particular reason. The mercurial sensibilities of the art world are difficult to predict. If a piece, an artist, or even a style goes out of vogue, your collection could plummet in value. One philosophy is to buy fine art for yourself and to ignore the chattering peanut gallery. Research a small corner of the art world and become its master. Then sell and buy from people within your immediate clique. By staying within your specialty, you can anticipate market fluctuations and avoid many of the more common art investment pitfalls. If you want to buy art as an investment, however, you should at least give a nod to the market. You don't have to 'sell out' to make good choices. Get to know the classic pieces and artists in your genre, and don't invest on a whim. It's far better to buy three great pieces than to fill up your studio with dozens of imitation prints and unimportant works. Be patient--even if you only accumulate half a dozen pieces a year, your collection will grow and mature in a surprisingly short amount of time.