5 Tips On Investing In Art
Arts and Culture Lifestyle Money

5 Things to Think About Before Investing in Art

(Image: ThinkStock)

(Image: ThinkStock)

Don’t Just Buy, Give Back

Noting that museums are not the only place where art lives, Brielmaier explains the importance of understanding the impact of art institutions, and the to support both monetarily and physically–just as anyone would do with their alma mater. “Institutions are not getting the financial support that they were getting [before] the economy [was] really rough,” she says. “And by that, I mean support our cultural institutions. If you have the means and the time, join a board, and if not, go to an institution and inquire if they have a young contemporaries group or a young collectors group. It’s a great way to meet people; to build a community in the arts; and really get in on the backend and see behind-the-scenes. I think is key. It’s a great way to start moving into other realms of art if you’re interested in investing.”

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