Maybe I misrepresented myself with my previous statement. Art collecting is and will always be a hobby for me, with the sole purpose to own and enjoy the pieces that i've acquired.
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Originally Posted by JadeGiant
I don't know if either is really an investment.
Art surely shouldn't be. Call it a gamble and I will agree.
I never consider art an investment - keep it as a hobby so I can continue to enjoy it.
A house is a necessity and the value is not always measured tangibly.
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I agree, it's not an investment. And while I do have zero self control, one of the questions I always ask myself before making a purchase is, will this retain value? If push came to shove, will I be able to break even if I ever had to sell?
Quote:
Originally Posted by JadeGiant
Good luck on the collection and the new digs. I am right there with you on the house - hoping to break ground in the next week or so.
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You too, man! We just barely started the process of figuring out our needs in the next house and what are budget will be, so I'm prepared for the roller coaster.
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Originally Posted by MONSTER
I'd rather pay a mortgage than rent and pay someone else's.
but year art is a crazy way to invest. Just buy what you love and hold onto it.
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Yeah, well we're currently paying a small mortgage on our house, I guess it's time to pay a big boy mortgage =X