I want to buy art
June 25th, 2008 by want it buy it
I don’t consider myself a painter or a sculptor, but i do consider myself to be an artist. Why? Because i think that i have a creative mind. I think art can be anything. You don’t have to sell anything artist to be an artist. But, society thinks differently. Money has to exchange hands in order for you to be considered an artist. That got me to thinking about the idea of wanting and buying art.
When a business sells, the buyer usually looks over the books of the previous year. They need that info to valuate the business. This is also true with internet businesses. Websites can fetch anywhere from 10 -36 months of income. So if a website makes $1,000 a month, that site could sell for $10,000-$36,000.
What if, the sales record was fake. What if those paypal payments were made by you or one of your friends. It is easy to set up a ring where you just push around the same money to each other. If i have 20 friends who each own online businesses, we can push each other $1,000 every month. All you would need is 1 thousand dollars to create 20 businesses that each make $1000/month. Food for thought the next time you want to buy online businesses.
Moving on, let’s focus our attention back on art. With that same idea, could the price of a piece of art be gamed in the same manner. Couldn’t a group of collectors just push each other that work of art and each time, increase the price?
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