1. Art is a terrible investment
Buy art! Buy art because you love it; to support the artist because the world is a better place with art and the artists who make it; to remind you of an event, person or place; because – if you’re so inclined – you want to show your taste off to your friends. But never, ever buy art as an investment in the hope that you’ll resell it in a few years’ time and make a tidy profit. The art market is opaque, irrational and illiquid.
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