Posts

Showing posts from November, 2023

Masterworks Allows You to Co-own Multimillion-dollar Paintings

Image
As anyone who’s into luxury goods, travel, and vehicles can tell you, those things aren’t cheap . Luxury buyers sometimes have to choose between their passions, so they can actually afford the things they love most. However, when you’re dealing with multimillion-dollar luxury items, like paintings by generational masters, sometimes there just isn’t enough money to make even one purchase. The root of the problem is that valuable paintings are, well, valuable. So fine art lovers who don’t have millions of dollars to spend have little choice but to sit on the sidelines while the art they love to own gets sold to the highest bidder. But what if there was a way for any fine art lover to own the art they love without spending money they don’t have? It turns out that there is a way to do it – by purchasing fractional shares of fine art. It’s a form of collective ownership that can work as both a means of building an art collection as well as a lucrative investment opportunity. And it’s ...