Saturday 11 December 2010

newsfrom...201012


With approximately fifteenth thousand visitors to Lisbon Art Fair - these belong to their public more than to entrepreneurial business associations or hollow promotion strategies implemented by ramshackle houses - the market has surprised everyone. Apart for the supranational reasons that had keep occupied the national and global media at the previous fair's place, the paradox lies in that although Portugal is living through moments of deep sociological crises and in a time of intense financial difficulty, art lovers came and have bought a lot more than in previous years, whilst collectors and art dealers have engaged in greater than normal financial risks. Gladly! People understand that if they have cash it is better to buy art works - instead of putt it in a bank which bring very little interest, while the stock market is a tricky place to gamble. In the end, art and real estate are very good investment funds. Art is not only a good investment, but you will have an artwork on your wall which you can look at everyday and which brings awesome pleasure.

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