Gold is one of the most precious types of metal, which has an incredible market and investment values. Like any other investments, gold is as volatile as one can imagine, yet its valuation has always increased and arguably, this is one of the safest types of investment currently in the world with progressive and long-term basis.
Gold has always been the talks among most of the commoners across the world as this is one of the earliest forms of investments ever to exist. The range and affordability of a small piece of the same has always been taken into consideration and this can literally turn around the fortunes for the person whoever possesses the same. Gold investment is sought to be the easiest to purchase and worth depositing sort of assets to have ever existed.
Is the Investment Worth? An Insight
Gold Investment is considered as a commoner type of investment and there are plenty of people across the globe, who purchase gold pieces in the form of jewelry and expect the asset value to grow largely. This is a movable asset, meaning it is portable and this contains its share of pluses and minuses. However, for purchasers, the first thing they should ensure is to follow these three key hacks, which will allow them to get a broader picture before purchasing the sort of investments.
- Expecting Unnatural Returns: Being a movable yet a solid asset, the growth of gold piece remains stagnant. Plus, considering a situation of economic slump or market crawl, the growth of valuations is likely to take a hit and the investors may or may not see a growth in a sense of massive profits. Moreover, with the advent of stocks and bonds showing growth and returns, the demand of gold has slowed down to a large extent and this will take a considerable amount of time to show some sort of positive result.
- Masked Insurance: Gold Investment is thought to be more of a short to medium term saving forms of immediate insurance by many experts. This means, the type of investment is mostly taken as a backup, which acts as a savior in case of an economic or financial cash crunches. Although with its criticality on one side, investors earn a lot while considering them as a onetime investment.
- No Scope of Diversification: Gold is one sort of investment, which cannot be diversified. This means, unlike shares or mutual funds, this cannot be diversified among a lot of avenues and companies, and instead the owner will require to inspect the raise in monetary worth of the same slab quite frequently.
Gold Investments are surely a safe type of investment that has the scope of growing to a level, which will assure the investors or purchasers to finalize and expect profitable returns. Though there are loopholes in terms of benefits and risks, rest assured this is a lot safer forms of investments of the date and one can expect the trend for many years to come.
There is nothing as satisfactory, as doing what one loves and earning money from it. Artists are ideally persons with passion and talent in the field of art, and include painters, musicians, and actors, poets. Many artists, however. are oblivious of the fact that they can earn a living using their art works, while those that charge for their artwork, do not earn as much as their work is worth. Here are a few tips tips to making money as a professional artist.
1. Create Exemplary Work Only!
The first tip to making money as an artist is to create work that is not only original but also distinct. What distinguishes a professional piece of work from a mediocre one is the ability to create something that is unique. People may have seen and heard certain things but the ability to turn such things into a drawing, a sculpture, a poem or even a song is what makes the difference.
In addition, as a professional artist, you must be able to create as much work as you can and most of all, keep tabs of the trends in customer demand. However, as it is correctly said, creating exceptionally good work, and having that fiery passion is only half the effort, the other half lies in the ability to sell the work and make the most of sales.
2. Showcase In Exhibitions!
A good place to start in taking your artwork out there is to look out for art exhibition events. Art exhibitions are periodical in a certain town and therefore may not be the best way to make money. However, as a professional artist, look out for exhibition events in other locations; it does no harm to also attend international exhibitions.
3. Have Online Presence!
Every professional artist must explore the world of web sales. Here, you have several options. One of the viable options is to use or create a Facebook page where you will be exhibiting your works. To start with, send all your friends’ requests to like your Facebook page and urge them to invite their friends to like the page too. If it is a new Facebook account, start with making as many friends as you can on Facebook and send them requests to like the page. Another online option is to create a business website. This can be easily designed by a web designer or alternatively, create the website yourself using applications such as WordPress. A golden rule in making more sales from your website is to create a professional portfolio. Online sales have several advantages that include reaching a wide customer base. Moreover, it is a cheap means of advertising.
4. Open A Gallery!
This tip applies best to painters and artists who make sculptures and drawings. The rule is to treat the gallery like a business. Opening up a gallery by oneself may however be expensive to afford however, there is the option of a co-op gallery. A co-op gallery allows a group of artists to come together and jointly hire a space where they ca display their artwork.
Alternatively, an artist may give out his or her for exhibition in a commercial gallery. Commercial galleries normally sell art work in a commission basis. In selecting a commercial gallery to sell one’s work, check for a reputable gallery and one with favorable commission asking. Furthermore, a professional artist may wok in a commission basis for a certain gallery or the public art commissions.
5. Apply For Grants And Residencies!
Artist grants are one of the best ways a professional assistance can access financial assistance for purposes such as music production or renting studio space. Although the application process may be complex, competitive and rigorous, the benefits are worth trying it. Grants may be privately funded by Non- government organizations or publicly funded by the state government.
Residencies on the other hand provide free workspace for an artists by providing the ideal environment for an artist to work in. Certain residencies are only open to artists in a certain art specialty while others are large enough to have space for virtually every kind of an artist. A valuable tip here is to customize your idea to match the requirements of the organization or government department you make the application.
6. Get Into Teaching Jobs!
Going to teaching is yet another way to make good money as a professional artist. You may choose to do teaching on part time or full time basis. If you decide to go into full time teaching, you run the risk of lacking enough time to create your work. More so, go into teaching if you have the passion for it.
Finally, every professional artist must ensure to get legal protection of his or her work. This includes registering for patents, copyrights and trademarks. Patenting a drawing for instance ensures that no one can copy or still your work without your permission and if anyone does so, they become liable to a fine and even jail term. Most of all create a network with fellow artists and booksellers: you don’t know which connection can you lead you to mind blowingly awesome opportunities!