Last week my wife had to go to Bali on her own, my work prevented me from going, and I can assure that I will not let this happen again. Let me explain. She arrived back home at 4.00am on Friday morning and the first thing that she had to say was that she was flaggerblasted to see aboriginal art for sale in one of the stores there. She went there to investigate the purchase of traditional Balinese style huts for a Tourist Park, which we hope to develop. Never willingly send a woman shopping, she ended up buying everything but the huts. She bought furniture, planter pots, statues, bed spreads, sheets, doonas, tiles, pavers and some huge doors like the ones that you see in old movies.
Expecting her to buy enough huts to fill 2 x 40′ containers, now I think that we are going to need 6 x 40′ containers to fit everything in. I have heard of women who are compulsive buyers, my wife up until now has never fitted into this category, but she certainly broke from her usual form. Never send your wife to Bali to go shopping. She rang me on the second day that she was there and told me that the shops never close, I asked her how she knew this, her answer, she went shopping until 2.00am.
It seems that we are going into the household and garden furniture business. Don’t get me wrong some of the stuff is absolutely beautiful but where are we going to put it all, and the money she spent was supposed to be used to develop a Caravan Park and build the Huts.
I have got this thing going on in my mind; each item she purchased is walking hand in hand with its doppelganger up the gangplank of Noahs Ark. She has bought 2 of everything, except for hand basins, 12 of them, and 5 Beds, 3 sets of 6 dining room chairs, enough tiles and pavers to do 10 houses, lions of varying sizes, elephants, cats, owls, you name the animal she has probably bought a statue of it.
But back to the fact that you can find Aboriginal Art for sale in Bali, is the demand so high for Aboriginal Art that we in Australia can’t keep up with it, so our neighbours have generously assisted us to satisfy this demand. Tourists come to Australia to buy Aboriginal Art, but if you can buy it in Asia, or Europe or the USA, why come to Australia. I’ll tell you why.
You should come to Australia to buy Aboriginal Art because there is only one website where you can buy the art of young relatively unknown Aboriginal Artists. If you dont buy from this particular website then the only other way that you can start investing in young Aboriginal Artists, and therefore potentially have a much greater return on your investment, is to come to Australia.
You can spend months travelling around Australia buying up big, and you should, because it will be a long time before you come back. I say spend a few months because there are people who spend all year long travelling around Australia and they still haven’t seen it all, it is a big country.
If you are buying Aboriginal Art purely for is aesthetic value then why pay thousands of dollars for a famous artist when you can support a young up and coming Aboriginal Artist who can produce a similar product. Do your figures, you can spend thousands of dollars buying the paintings of well-known artists and sit on them and wait for years for them to increase in value or you can invest in young artists and get a more rapid capital growth.
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