The love affair: Impulse or investment…..Romance or a fling

During the last couple of years the world of personal technology has been harassed by the need for smartphones and tablet computing.

I always imagined saving my hard earned cash to invest in prestigious cars and property, sustaining a way to have a better standard of living. This is what my parents did and who else was I to learn from (There was no such thing as YouTube back then)?

The world we live in today is saturated with impulse purchasing and clever marketing, however do you recall hearing two teenage girls talking about the current exchange rate or the price of crude oil? I ask these questions because in order to nurture an economy and increase disposable expenditure, the opportunists amongst us need to become more innovative and entrepreneurial.

Take investing in Art as an example.

Whether it is for recreational or commercial purposes, this has become that of an interesting discussion point more recently.

Most people, that want a change for the next generation, are sick and tired of hearing the majority of people complain that the ‘Rich get richer…. and the poor get poorer’. If this notion is treated like an attitude rather than a tragedy, we can change their way of thinking to encourage a brighter and more fruitful future for our economies.

In order to keep on purchasing the latest ipad every 6 months and drive the latest Audi, new avenues must be explored.

Purchasing on credit and earning interest from your bank account just isn’t an option for many at the moment and taking a good look at the past could reveal the secrets to a better future.

Take a leaf out of the book of a great man, Winston Churchill once commented “There is no finer investment for any community than putting milk into babies”. With that in mind would you be surprised to hear that Picasso’s ‘Garcon a la Pipe’, painted in 1905, was first sold to John Whitney in 1950 for $30K? That is an incredible profit on its own from the artist’s point of view, however that investor then went on to sell that very same painting 54 years later for a staggering $104,168,000, returning an appreciation of over 64 times the purchase value for each year.

Garcon+a+la+Pipe+painting+by+Pablo+Picasso

(image courtesy of mirror.co.uk)

During the interlude of sale and purchase, these types of paintings can generate a very healthy salary for the investor by displaying them in well known galleries across the world. Seem too good to be true? Sometimes it is, but a true entrepreneur will follow their instinct.

Although capital is difficult to get hold of at the moment, the opportunities are still there and perseverance fueled by a thorough understanding of fine art could change your life forever. Reassess your goals, decide what you need to be productive rather than what you want, and make a change today.

Luxury Acquisitions

Sources – www.funofart.com

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Apple To Acquire ‘Beats By Dre’ For $3 Billion

Apple has confirmed it will buy headphone maker and music-streaming service provider Beats Electronics.

The deal is worth a total of $3bn (£1.8bn), and is thought to be Apple’s largest acquisition to date.

As part of the acquisition, Beats co-founders Jimmy Iovine and Dr Dre will join the technology firm.

Apple boss Tim Cook said the deal would allow the firm to “continue to create the most innovative music products and services in the world”.

Source: BBC.

Read the official press release here: www.Apple.com

 

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