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Art Investor: How to Become an EXPERT Art Investor

Art investment is not a get rich quick venture but it will surely and slowly become a money spinner for you if you play your cards well. 

It is surely a lucrative business which someone can make a solid and rewarding business from. 

Read more to discover how  to become a google art investor.





Step 1
START WITH SOME INTEREST OR EXPERIENCE IN ART:

The good art investor does his research by the pieces of art that he buys.

Hence, he is able to master the niche of market. 

Another important thing to apart from personal research is the possession of the contacts of various auctioneers, dealers and other people in the art world. 




Step 2
DETERMINE WHAT YOU ARE GOING TO PAY FOR ART BEFORE REACHING THE AUCTION HOUSE:

You should make art investment to be a a minor part of your investment portfolio hence you should carefully consider the amount of pieces of art that you are ready to acquire. 
Moreover, seek advice from experienced art dealers.



Step 3
RESEARCH ON THE TRENDING SALES OF DIFFERENT ART SCHOOLS :

This is important to know what is selling at the moment and what is not. Though their predictions and statements can not be always correct but it helps you to understand the trends of the time in the art market.




Step 4
BUY ONLY FROM TRUSTED ART DEALERS:

The art market is full of fraudsters which can cause great harm to your art investment. However, you can avoid this by making a lot of research about the real dealers. You should buy pieces of art only when you feel that their prices and worth meet the standard
you want. 
Also, you should be sure that its value will grow with time.



Step 5
STUDY HOW TO STORE ART PROPERLY.
Art should be stored properly to avoid damaging it.
The art collectors will have a great knowledge of this. However, it is generally known that it is better to store art in a cool dry place.




Step 6
CONSIDER RENTING YOUR ART PIECES:

There are different hotels, offices, and other areas that are willing to rent your art pieces for a specified period of days for thousands of dollars. 

You should do that only if you are sure that the art pieces are under insurance against damages.



* WARNINGS:

individuals are not expected to declare art investment as their source of income unlike public corporations or enterprises.

If you wish that your art pieces to be an inheritance then you must teach your children how to preserve them to avoid damage.


** You will need
A. Insurance
B. An adviser

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