Why Collecting Art Young is a Kickass Idea?

With the Indian art market booming to new scales, it has welcomed art buyers from a myriad of sectors to its cohort, resulting in diverse exchanges and multitudes of strategies. This has extended acceptance to new art forms, whether video or pop art. But what is the right time to invest in or collect art? There is no limit, but collecting at a young age is always more promising than delaying its thought.

We thought of mulling over a few reasons why collecting art at a young age is a savvier decision.

You learn while you invest

Investing needs a thought whether it is a stock or property or an artwork. And professional practice involves a lot of learning apart from what you have gained in your academic years. Beginning to invest in your 20s allows you to learn comprehensively and engage in nuances that build you to become an expert over time. You shall arrive at a full-fledged grasp only when you continue to sustain in the field and remain consistent. From collecting a budgeted piece to procuring a work by a branded artist is a journey of time and perseverance.

You can make mistakes

Investing in art is a serious business but to err is human. Hence, when you start collecting art in your 20s and 30s, you may or may not have a complete understanding of artworks and artists. You would like to read about it but the real tactic differs from theory. While you might fumble in transacting today, your experience, rich with mistakes and resolutions, will come in handy for your future decisions.

The sense of responsibility

After learning while you invest and from your mistakes, there arises a sense of sincere responsibility, which creates awareness and mindfulness about the kind of art you would eventually like to focus on concerning the market’s fluctuations. It also develops a cognizant psyche towards buying competent art over time to predict future returns.

Being a young patron

Commencing to collect art at a young age is advantageous to your growth in the profession of collecting, archiving and building yourself as a reputed young patron within the fraternity. You serve to be a significant and credible member of the community in India that’s thriving and pushing the traditional discourse into newer innovative realms.

Building a Personal Asset

An art collection, apart from following an economic strategy, also highlights the personal interests and choices of a collector. Beginning to buy from a very young age and continuing to invest in forms of art that move, bond and reconcile several timelines, the journey marks the original as well as a unique narrative and connection to the very own artistic asset.

Collecting art in India has been identified as a luxury for a few, which today has considerably changed. From being just a collectible to becoming a revenue-oriented resource, a piece of art carries several narratives about the owner as well as the artist. In addition, several factors govern the psyche of a collector while mulling over the one to invest. These factors could be experienced soon to plan out a better buying experience later. Your art collection will grow with you!