Want to earn big returns without the shaky stock market? Try art

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 61%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Art investment is no longer reserved for the wealthy.

, you can take advantage of the money to be earned from iconic works of art, alongside wealthy collectors like Jeff Bezos and Bill Gates.investing in contemporary artwork.And maybe because, between 1995 and 2020, contemporary art has outperformed the S&P 500 by 174 per cent — that’s nearly three times the returns — according to the Citi Global Art Market chart.Article content

Except that art investing used to require a ton of work. You had to research the hottest artists, understand the demand in the art market, sit at auctions waving that paddle around and hope it doesn’t come to blows with an eager buyer across the aisle.Masterworks founder and CEO Scott Lynn, a recognized art collector and tech entrepreneur wanted to simplify the process and make investing in contemporary artwork as easy as flipping through movies on Netflix.

That makes this market a more stable investment than stocks. And yet, it’s been completely overlooked! Contemporary art posted bigger returns than even real estate and gold over the same time period, but everyday investors have traditionally been shut out of this world by gatekeepers and complex processes.

As one of the top buyers in the art market, Masterworks’ research team understands all the trends, returns and players in the market so you don’t have to.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'This too shall pass:' Why Brian Belski is still upbeat on stocksWatch BMO Capital Markets chief strategist on how the rising tide will return to equities
Source: nationalpost - 🏆 10. / 80 Read more »

Canada set to outperform global markets on boost from energy and agriculture stocksWhile an economic recession would be negative for commodities, Mackenzie Investments forecasts the ‘floor on commodities will be higher than it has been in previous downturns’
Source: globeandmail - 🏆 5. / 92 Read more »