With stock market in a tailspin, people are looking to build a more diversified portfolio of investments that will cushion them against such random and rapid falls in equities. Indeed, stock markets world over have turned topsy-turvy in recent times as the indices have become hyper-sensitive to inflation, recession and any negative macro or micro-economic clues. Experts are advising investors to stay away from the stock markets, and rightly so!
It may be that one of your friends or family members have burnt their fingers in the stock market meltdown. Can you provide them with some succour? Do you want to suggest them an alternative avenue to park their hard-earned money to safeguard and grow it? Is there a way to assured wealth building in these uncertain times? Well, you need not harangue them on risk-free investing. What you need do is just buy a nice piece of art, and gift it to them. It’s bound to fascinate them. Then draw their attention to the fact that many high net worth individuals and non resident Indians are putting their money in art!
Art is now viewed not only as an object of pleasure but also as an attractive asset to hold. Especially, Indian art is emerging as a safe investment option, making it a valuable gift from long-term perspective. What better way of making your friends or family drawing to value investing in art than gifting them a piece of art? What thousand words can’t do, a piece of art will!
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