Investing in securities, Bitcoin, or real estate is too unstable.
The fact is that when people don't understand the securities or real estate markets, they also turn to brokers, investment companies, realtors, or banks. But banks can go bankrupt and not return deposits. Real estate requires investments of hundreds of thousands of dollars or more. Furthermore, the market is also unstable and carries risks (a decline in demand for real estate in a given region, natural disasters), and real estate requires constant maintenance, repairs, etc. This is all very stressful. The cryptocurrency market also lost more than $2 billion last year. And company stocks on the market can plummet.
In short, there are many risks.
No broker on the stock exchange will give you a 100% guarantee of profit, and insurance companies don't cover all risks either. This is why, to preserve their capital, wealthy people prefer art and jewelry. As an example of a successful investment, the famous David Rockefeller, who had money but no understanding of art, acquired Marco Rothko's abstract painting "White Center, Yellow, Pink, and Lavender on Rose" (1950) in 1960 on the advice of contemporary art historian Dorathy Miller.
It's truly difficult to imagine that three stripes of paint on a large format could have artistic value. But in 2007, Rockefeller sold the painting at Sotheby's for $72.8 million. Thus, the painting's value has increased hundreds of times over 50 years. Some private collections of paintings are now valued in the hundreds of millions of dollars.
Therefore, investing in art is worth considering.
Especially since, due to the unstable situation in their countries, people are selling their works for less, and there are talented artists there. For example, the Ukrainian artist Ivan Marchuk is quite highly valued in the art market. His work "The Moon Rises over the Dnieper" sold at auction for $300,000. And another Ukrainian artist, Anatoliy Kryvolap's painting "Horse, Night," sold in London for $124,000.
Therefore, noticing artists from other countries and recognizing their potential is also a good investment in the future. Our website features works by the Ukrainian artist Dmitry Kolesnikov, whose paintings are also distinguished by vibrant colors and interesting narratives.