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Home > Blog > Contemporary Art as an Asset Class
FRIDAY, APRIL 24, 2015

Contemporary Art as an Asset Class

Whether or not gold will return as a safe haven for wealth is uncertain but there is no denying that contemporary art is now an asset class to be considered according to Laurence D. Fink as reported in Private Wealth Magazine.

Please click here to read the article.

As with any asset class, we would expect volatility. We add that, unlike gold, where value of an ounce is worth the same as any other ounce of similar gold, works of contemporary art differ and consequently, will rise and fall in value in very different patterns.

Posted 2:00 AM

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NOTICE: This and all content is developed from sources believed to be providing accurate information. The information in this material is not intended to be used as tax or legal advice. Please consult with a tax and/or legal professional for detailed information regarding your individual situation. Some of this material was developed and shared by Chartwell Insurance Services to provide information that may be of interest. Chartwell Insurance Services is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
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