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Tuesday, February 6, 2007

Art Auctions: Contemporary Art

It is truly a wonderful thing when you consider how much we gain from our appreciation of art, what volumes it speaks about our own culture, and among cultures that make up the world besides our own. It is highly fashionable to understand something of what art is, how it tries to reinterpret our own scope of the world on an artistic level, and yet reveals so much of the human nature behind its creation. Today’s artistic minds are no different in the outgrowth of ideas onto a canvas’ surface, and some are possessed with similar qualities that those artworks considered classics have had in the past.

There is particularly unique insight coming from a lot of contemporary art, or so the label seems to include today’s works of art, with certain vagueness stemming from the lack of a dominant school of thought or ideology. Most date contemporary art beginning towards the late 1960s, most artwork could be defined easily by particular details prior to this, and there were trends of these preferences even through to the 1980s. After the Modernistic period of art was confirmed, much of the direction came to be rather disparate during periods of socio-political change, and many of the distinctions within art have been loosened dramatically.

With some critical opinions decrying the current of contemporary art to be devoid of "true beauty", critic Donald Kuspit was known to say that art had left the studio and found its’ way into the street, and that may not be that much for the worse with the blurring of many lines presently. Today, contemporary art seems to reflect those issues being faced by the world, and the emphasis on politics seems to have intensified of late. The shift drawing away from an ideal of beauty and purity to a complete opposing force of inspiration from socially oriented art, and often crosses the bounds of proper medium.

Though that is where the argument stops and conjecture begins as critics and artists alike clash in opinion over where the line is particularly between the various categories of thought, and it has been pieces of every different art movement being reevaluated in a similar way, in order to find that place that crosses over between art, artist, and audience, and creates a means for all of them to share space in the comprehensive concept to the artwork. Making the gaps in the points between art and life smaller and smaller, and creating new ways in which to comprehend the ways of the things we view around us.

Engaging mass culture with affecting the boundaries of perception through the means of the relevant issues shaping the world as we know it, and today there are many schools and studios of contemporary art that try to help shape the practice of contemporary art that will translate to the future, allowing us introspective glimpses into the artist’s thoughts. Creating interconnectedness that defies and defines what laws and life may continue to restrict, to analyze, and further define itself as multiple entities within one completely distinct from the sum of its’ parts.

When considering all of this information, at may seem overwhelming at first, but art is not impossible to understand if you concentrate on understanding what your tastes happen to be. When not thinking about these things, it is easy to overlook the value of what you are purchasing, and you may not be able to get the most for what you wish to spend. There are few lessons to learn that do not involve somewhat self-explanatory terms, but one must approach what appeals them with a frugal yet open state of mind, it can be much easier to find a good bargain with this mental state at hand.

Timing can sometimes be necessary to make the deal more lucrative for the buyer, and with some art auctions, it may be difficult to find some grounds on which to begin bidding. However, with studious attention to what you wish your end goal to be, and you will have found a way to acquire at least some kind of facsimile to show for your efforts. Depending upon how deeply you would wish to involve yourself in activities such as local viewings of artwork from contemporary artists, and perhaps you would even find a way to see the stirrings of the creativity from within, by becoming friends with local artists and networking.

Monday, February 5, 2007

Determine Your Risk Tolerance

Each individual has a risk tolerance that should not be ignored. Any good stock broker or financial planner knows this, and they should make the effort to help you determine what your risk tolerance is. Then, they should work with you to find investments that do not exceed your risk tolerance.

Determining one’s risk tolerance involves several different things. First, you need to know how much money you have to invest, and what your investment and financial goals are.
For instance, if you plan to retire in ten years, and you’ve not saved a single penny towards that end, you need to have a high risk tolerance – because you will need to do some aggressive – risky – investing in order to reach your financial goal.

On the other side of the coin, if you are in your early twenties and you want to start investing for your retirement, your risk tolerance will be low. You can afford to watch your money grow slowly over time.

Realize of course, that your need for a high risk tolerance or your need for a low risk tolerance really has no bearing on how you feel about risk. Again, there is a lot in determining your tolerance.

For instance, if you invested in the stock market and you watched the movement of that stock daily and saw that it was dropping slightly, what would you do?

Would you sell out or would you let your money ride? If you have a low tolerance for risk, you would want to sell out… if you have a high tolerance, you would let your money ride and see what happens. This is not based on what your financial goals are. This tolerance is based on how you feel about your money!

Again, a good financial planner or stock broker should help you determine the level of risk that you are comfortable with, and help you choose your investments accordingly.

Your risk tolerance should be based on what your financial goals are and how you feel about the possibility of losing your money. It’s all tied in together

Sunday, February 4, 2007

The Main Reasons For Purchasing A Foreign Property - Part 1

There are several broad reasons that people may have for purchasing a property from abroad. Here are some of the main ones:

They wish to relocate to a geographical location that better suits their lifestyle, income and circumstances. For example, in the UK a surprisingly high number of people emigrate to Spain because of it’s climate, relative low cost of living and the cheaper property prices.

They wish to purchase a foreign property as a form of financial investment. Increasingly, property investment is being touted as the "ultimate" fool-proof way of achieving long term financial gain. Some people are now even using property investment as their main financial provision for old age.

They wish to purchase a holiday home. This is mainly for those who have the resources to purchase a property in their favourite part of the world – somewhere they enjoy visiting, perhaps where they can laze away on the beach and enjoy the fruits of a completely different environment.

Some elderly people may wish to purchase a property abroad for retirement. Often, couples in their twilight years may find that their current life has changed dramatically. They may live in a large house (too large now the children have flown the nest), wish for a slower pace of life or may simply want to move somewhere different for health purposes (for example a less cold climate). More elderly citizens relocate than is commonly thought.

Whatever the motive, there are many advantages and disadvantages that should be considered carefully before taking the huge step to purchase a foreign property. A property is one of the biggest financial investments that an individual can make during their lifetime.

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