Analyze – Determine the most profitable artists.Here’s an outline of how Masterworks actually works: Masterworks gives everyone the chance to buy fine art by allowing virtually anyone to invest in shares of blue-chip artwork.Īll you do is invest your money and wait for a paycheck in the mail that’s hopefully bigger than the amount you invested. Fees – Unfortunately, the fees do tend to be quite high (read more in the “Fees” section), at least when compared to investing in low-cost index funds, for example.The secondary market offers some liquidity but not as much as the regular stock market Liquidity – While you cannot simply press a button and “sell” your invested shares as you could in the stock market, you can go to Masterworks’ secondary market.Customer Service – Very friendly, very responsive, and you can simply call the customer service phone number and talk to an actual human!.
Projected Profits – Art investments historically have not correlated with the stock market and that’s a good thing, especially with rising inflation and the market volatility.Usability – The platform is extremely user friendly plus there is a Masterworks app that you can download on the App Store as well to access your investments.Art Investment Options – Masterworks io offers a wide variety of art investment options with works ranging from the famous street artist Banksy to historical legends such as Pablo Picasso.To give a little more detail on the reason for my ratings, take a look at my breakdown below:
0 kommentar(er)
