Smart Art Investments - More Than Just a Pretty Picture!

Written by Sian Whitehall

There was a time when I would have never considered buying original artworks for my home let alone for investment. To expensive! To complicated! When it comes to collecting art most people feel inadequate or intimidated. I thought art collecting meant having specialised knowledge and spending a great deal of money on world famous artists. Isn’t art just for people with lots of money? It's true that people of wealth do invest in art. It's one way they increase their wealth. But fortunately you don't have to start off wealthy to enjoy art or make money from it. You don't have to be an expert on art to collect art. Anyone can become a successful art collector. Like me, you most likely already have some type of art hanging on your walls. You may have choosen your art because it suits your décor or you just likedrepparttar look of it. The painting you have may even have been expensive. But wouldn’t it be great if just hanging art on your wall offered more than just a pretty picture. It makes a lot more sense to buy originals to invest in that could possibly become very valuable some day. Even modest investments in art can be very profitable. Rule number one is you don't always have to spend a lot to get a lot. A lot of beautiful art is very affordable. Australia has some very impressive, well respected and profitable artists. Australian art is becoming ever increasingly popular on an international scale. Starting with a purchase of a known Australian artist that is already making profits onrepparttar 146938 second hard market is a wise choice. If you feel unsure about investing in a certain work of art, do some research aboutrepparttar 146939 artist. Most artists and online galleries with provide you with some background information which as a collector you will want to preserve along with your artwork purchase.

It Is In Your Best Interest To Do The Math On Your Credit Card Interest

Written by Terry McDermott

If you begin foaming atrepparttar mouth once a month when you receive your credit card statement, joinrepparttar 146937 millions of Americans that are foaming along with you. There is a growing outrage atrepparttar 146938 seemingly endless journey towards eliminatingrepparttar 146939 balance on your credit card and that is due primarily torepparttar 146940 extravagant interest rates charged by credit card companies.

Your bank is probably toutingrepparttar 146941 super rates it offers on Certificates of Deposit or CDs. “Just deposit $5,000 for 6 months and we’ll give you a ‘whopping” return of 2.83%.” Yet, in contradiction torepparttar 146942 low rates banks are willing to pay you forrepparttar 146943 use of their money,repparttar 146944 interest on credit card rates can be 10 timesrepparttar 146945 amount offered on a CD. Why?

The interest rates on savings accounts and CDs are based on competition,repparttar 146946 cost torepparttar 146947 bank of borrowing money andrepparttar 146948 expected return on investment torepparttar 146949 bank forrepparttar 146950 use of your money. Because a savings account is liquid,repparttar 146951 bank does not know from day to day how much of your money will be available for its use. A CD, onrepparttar 146952 other hand, requires that you place your money inrepparttar 146953 bank for a specific amount of time. The longerrepparttar 146954 time period,repparttar 146955 higherrepparttar 146956 return. That is becauserepparttar 146957 bank has greater flexibility with your money and knows exactly how long they have to work with it.

Credit card companies have been highly successful at convincing government regulators that they need higher interest rates to protect themselves. As opposed to a mortgage loan or home equity loan, credit card companies claim that they do not have any collateral to “securerepparttar 146958 loan” they provide to consumers that use their credit cards. If a customer defaults or files for bankruptcy, a credit card company had little recourse to recoverrepparttar 146959 balance due on a credit card account. But a recently passed law now makes it much harder for individuals to eliminate all of their credit card debt by filing personal bankruptcy. Many think this is an unfair advantage forrepparttar 146960 highly profitable credit card companies.

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