Finance

How to Invest in Art without Being a Millionaire [Profit on Picasso!]

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Fine art has returned an average 13% a year but you have to know how to find and invest in art to get there. In this exclusive interview, Scott Lynn, Founder and CEO of Masterworks.io walks you through the basics of investing in fine art and how the first platform of its kind can help you get started.

See how to get started investing in art on Masterworks for as little as $20, click here https://mystockmarketbasics.com/trymasterworks

The market for fine art is booming this year but my own experience with investing in collectibles and art work…isn’t the best. I wanted to get the inside scoop on investing in art for beginners and how to get started making money from Monet!

Scott takes us step-by-step through what to look for and whether art is a good investment. He shares his experience and favorite investments as well as what to expect.

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

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35 Comments

  1. Let's Talk Money! with Joseph Hogue, CFA
    July 21, 2021 at 2:11 am

    Community Question? Have you ever invested in art or other collectibles? What was your experience?

  2. D j
    July 21, 2021 at 2:11 am

    Great video!!! Do u think is worth it after all the fees!! (1.5%management fee+20%profit sale)?Also can i keep the stocks in my TFSA?

  3. Frenetic321
    July 21, 2021 at 2:11 am

    What do you think of Cannabix? They just got a patent for a cannabis breathalyzer they have been working on since 2014. BLOZF

  4. PureGosu
    July 21, 2021 at 2:11 am

    how do you know the masterworks has these pieces of art, or they are just selling imaginary price moves of these pieces. Honestly I would rather own the actual piece, Like key silver age marvel graded comics. this seems like a scam sorry to tell you.

  5. Jeff Ewing
    July 21, 2021 at 2:11 am

    What do you think about Investing in Emerge Canada Inc. that matches the ARK ETF's? Instead of purchasing funds that are US Dollars with ARK? it looks like its cheaper in price but the Management Fee is pretty high. What do you think?

  6. Episolon
    July 21, 2021 at 2:11 am

    I know some who invest in cards and other collectibles

  7. Robert C Lynch
    July 21, 2021 at 2:11 am

    Was there any mention of a 'management' fee?

  8. Shaun Lilley
    July 21, 2021 at 2:11 am

    Great info on arts, shame only available to invest here if from us, any ideas for international markets

  9. YoungMoney
    July 21, 2021 at 2:11 am

    All of a sudden I feel like some dignified aristocrat

  10. Kay Kim
    July 21, 2021 at 2:11 am

    Certainly people likes to hear tech or bio stocks 😅☺️

  11. bhindigosh1
    July 21, 2021 at 2:11 am

    Who decides to sell?

  12. Cat L
    July 21, 2021 at 2:11 am

    I own a fine art print from Roy Lichenstein from 1962. It hangs in my living room. I don't know how much it is worth now. I wouldn't think of selling it at all. I also have a sculpture from an African artist . It is a combination of traditional African aesthetics combined with contemporary design. I also have some Art Deco pieces from the 1940-1950's. That period was called Mid Century Modern. My house is decorated in this style. I couldn't think of selling any of it!

  13. Edward Dean
    July 21, 2021 at 2:11 am

    Remember art income is consider to be ordinary income not capital income .

  14. malcolm jelani
    July 21, 2021 at 2:11 am

    always buy art that you like first. this way if it loses monetary value, it will still hold value for you.

  15. Muhammad Azzalarab
    July 21, 2021 at 2:11 am

    I'm invested in two pieces of artwork from masterworks. A Monet and a Basquiat. I love the concept

  16. R D
    July 21, 2021 at 2:11 am

    Somehow the words invest and art don't belong together to me.

  17. RandomThoughts Gamer93
    July 21, 2021 at 2:11 am

    Think you could do one on coin collecting next?

  18. Mary Bolin
    July 21, 2021 at 2:11 am

    I love your channel ❤❤❤

  19. Ruben D
    July 21, 2021 at 2:11 am

    Quick question, what do you think about NIO Stock? A lot of people are hyped for it, i still dont know if i should buy.

  20. Treydon Gui
    July 21, 2021 at 2:11 am

    Wow, your creativity is inspiring buddy. Landing bigger fish. Congrats. Building that foundation of credibility. ✌️ It's been enjoyable hearing your story and watching along your journey. Thank you for bringing us with you Joseph

  21. Joel Amore - Street Art Mural Sign Painting
    July 21, 2021 at 2:11 am

    Artist here! Love your videos Joseph

  22. Deer infear
    July 21, 2021 at 2:11 am

    Interesting video. I collected comics in the Late 70s and 80s. I sold my collection to buy a car and insurance so I could get to work when I got out of high school. I wish I did not sell Captain America #45.

  23. Mark Arnold's Finance and Fitness
    July 21, 2021 at 2:11 am

    Thanks for doing something a little different than usual. Was interesting and I think collectibles/art is a great investment to consider.

  24. Rob Wilson
    July 21, 2021 at 2:11 am

    I have seen advertisements for this, I like the deeper dive and format. Thank you

  25. pmo1904
    July 21, 2021 at 2:11 am

    I totally thought the crowd funding art investment platforms were scams. I also know nothing about this and don't understand this. Just like shark tank, "I'm Out!"

  26. Henry Neithofer
    July 21, 2021 at 2:11 am

    Use to collect baseball cards growing up, this is very interesting!

  27. David Oliver
    July 21, 2021 at 2:11 am

    This was fascinating and compelling! Thank you for your work!

  28. Chris Lindsay
    July 21, 2021 at 2:11 am

    Everything I know about art investing I learned from watching Antiques Roadshow. Basically the art you can afford won't make much profit in your lifetime.

  29. lilrockfromga
    July 21, 2021 at 2:11 am

    Very good information. Thanks

  30. Bill Gober Self Defense
    July 21, 2021 at 2:11 am

    I do good on comics. There is a particular way to buy and sell them and if you dont know the tricks of the trade you will get buried with books that dont bring more than a dollar.

  31. Danny Sully
    July 21, 2021 at 2:11 am

    There’s some great art investments out there!

  32. PRINCE TAYLOR
    July 21, 2021 at 2:11 am

    Awesome news!

  33. Penny Flow - Real Estate & Investing Strategies
    July 21, 2021 at 2:11 am

    Investing more would be great for people so as make multiple income 👌👌👌👌

  34. Kavin Serrano
    July 21, 2021 at 2:11 am

    This is interesting, I would like to know your recommendations.

  35. BovineJonie
    July 21, 2021 at 2:11 am

    Hey Joseph!