Collectible Investing: Is Art a Good Investment?
Do these belong in a garage sale or a museum?
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Investing in art and other collectibles offers some features that traditional stock and bond investing simply can’t: physical appeal and enjoyment. You can admire a painting on your living room wall, play a violin, and wear a watch.
Collectible investments are considered an alternative asset class; their value often is not correlated to the stock and bond market. But owning art and collectibles as an investment takes work, including research, storage, security, and insurance. Many…
