When it comes to investment opportunities, some people go for stocks and bonds while others go for real estate. Still there are those that collect cars both scale models and full-sized, but when it comes to any form of artwork, these are always a good investment as long as you know how to take spot the right type of painting. One thing to keep in mind though, is that when it comes to oil paintings, these are a very long-term investment.
It is true that the vast majority of paintings which are made by living artists increase in value upon the artist’s death. Of course there are also some which do not, but these are far and few between. Assuming that the artist is good at painting and has a bit of acclaim now, later on the art pieces will increase in value.
However, like any form of investment, you need to know about the things you are investing in. You cannot go out and simply buy up every single oil painting thinking you will be a billionaire some day as this will never happen unless you know how to spot a good find. By making sure that you are well-informed, you can turn any risky investment into a profitable one. With regards to oil paintings though, without the knowledge on finding the good paintings that will some day be worth more then a family heirloom, you have to learn about not only the artist, but also about the styles represented in the painting.