Investing in Art, Wine and Other Tangible Assets
Investing in art is a good method for diversification. Since art prices do not depend on other possible components of a portfolio, they act as a cushion when other markets are not doing well. The aesthetic pleasure of viewing a great piece of art is a great advantage.
Instability in the financial markets is encouraging investors to look for alternative methods of investment. Some of the most popular alternative investments are Investments in art, stamps, gold, other commodities, wine, toys and books.
Of these, NRI favourites have to be art, fine wine and gold. We discuss these investments in detail:
Investing in Art
Art is being incorporated into the investor\’s overall asset allocation decision. There are many ways of investing in art via Auctions, Online auctions, Art gallery and Online portals.