Art collection to be most profitable market, scholar

时间：2007-12-24 06:13:32

（单词翻译:单击）

Chinanews, Beijing, Dec. 22 – “You’d better invest in art collection. It doesn’t require hard efforts and it’s not that risky1. The only thing you need is a right attitude – you need to know that appreciation2 of the artwork is more important than making deals from it. Besides, the occupation deserves much respect from society,” an art collector recently told reporters of the International Finance News.

 

As the Chinese stock market gains a sharp rise in recent years, many investors3 now shift their attention to art collection.

 

A private bank manager once estimated that 20% of the high-income earners in China buy art pieces from time to time for investment purpose. The value of their collections might account for 5% of their total assets, which means that for the whole high-income group, they can make 1% of their earnings4 flow into the art collection market.

 

In addition to bringing high profits, art collection requires that collectors should have a high taste in art. This makes art collection quite unique among all types of investment. Some industrial insiders predict that art collection will become the most lucrative5 business in China, right next to stocks and properties.

 

However, this doesn’t mean that anybody can easily make a profit by investing in art. Similar to other types of investment, art collection also involves risks.

 

At present, many fake products are sold in the antique market along with the genuine ones. Collectors need to have a sharp eye to find real good antiques.

 
分享到：


点击收听单词发音收听单词发音  

1 risky IXVxe     
adj.有风险的，冒险的
参考例句：
  • It may be risky but we will chance it anyhow.这可能有危险，但我们无论如何要冒一冒险。
  • He is well aware how risky this investment is.他心里对这项投资的风险十分清楚。
2 appreciation Pv9zs     
n.评价；欣赏；感谢；领会，理解；价格上涨
参考例句：
  • I would like to express my appreciation and thanks to you all.我想对你们所有人表达我的感激和谢意。
  • I'll be sending them a donation in appreciation of their help.我将送给他们一笔捐款以感谢他们的帮助。
3 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
4 earnings rrWxJ     
n.工资收人；利润，利益，所得
参考例句：
  • That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
  • Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。
5 lucrative dADxp     
adj.赚钱的，可获利的
参考例句：
  • He decided to turn his hobby into a lucrative sideline.他决定把自己的爱好变成赚钱的副业。
  • It was not a lucrative profession.那是一个没有多少油水的职业。

©2005-2010英文阅读网