{"id":2735,"date":"2025-12-10T17:23:22","date_gmt":"2025-12-10T17:23:22","guid":{"rendered":"https:\/\/fundguidr.ee\/?p=2735"},"modified":"2026-01-03T12:41:39","modified_gmt":"2026-01-03T12:41:39","slug":"investing-in-art","status":"publish","type":"post","link":"https:\/\/fundguidr.ee\/en\/asset-classes\/investing-in-art\/","title":{"rendered":"Investing in art and collecting: the liquidity trap and partial acquisition"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.19.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f6f8ff&#8221; background_image=&#8221;https:\/\/fundguidr.ee\/wp-content\/uploads\/2022\/11\/BG-28.png&#8221; background_size=&#8221;initial&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.19.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;90%&#8221; custom_css_main_element=&#8221;position: unset;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.19.0&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;position: unset;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_post_title meta=&#8221;off&#8221; featured_image=&#8221;off&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_post_title][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; theme_builder_area=&#8221;post_content&#8221; specialty=&#8221;on&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;1_3&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_code _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<div id=\"fundguidr-toc-wrapper\" style=\"width: 100%; clear: both;\"><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] -->    <\/p>\n<style><!-- [et_pb_line_break_holder] -->        \/* --- 1. 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TOGGLE BUTTON CLICK<!-- [et_pb_line_break_holder] -->        $toggleBtn.on('click', function() {<!-- [et_pb_line_break_holder] -->            $tocList.slideToggle(300, function() {<!-- [et_pb_line_break_holder] -->                \/\/ Update Icon based on visibility<!-- [et_pb_line_break_holder] -->                if ($tocList.is(':visible')) {<!-- [et_pb_line_break_holder] -->                    $toggleIcon.html('&minus;'); \/\/ Minus<!-- [et_pb_line_break_holder] -->                } else {<!-- [et_pb_line_break_holder] -->                    $toggleIcon.html('&#43;');   \/\/ Plus<!-- [et_pb_line_break_holder] -->                }<!-- [et_pb_line_break_holder] -->            });<!-- [et_pb_line_break_holder] -->        });<!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] -->    });<!-- [et_pb_line_break_holder] -->    <\/script><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><\/div>\n<p>[\/et_pb_code][\/et_pb_column][et_pb_column type=&#8221;2_3&#8243; specialty_columns=&#8221;2&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_row_inner module_id=&#8221;aktsia5&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column_inner _builder_version=&#8221;4.19.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; saved_specialty_column_type=&#8221;2_3&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_image src=&#8221;https:\/\/fundguidr.ee\/wp-content\/uploads\/2025\/12\/investeerimine-kunsti.jpg&#8221; alt=&#8221;investeerimine kunsti&#8221; title_text=&#8221;investeerimine kunsti&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][et_pb_blurb content_max_width=&#8221;100%&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;Nunito|700|||||||&#8221; header_text_color=&#8221;#171717&#8243; header_font_size=&#8221;22px&#8221; body_font=&#8221;Poppins||||||||&#8221; body_text_color=&#8221;#171717&#8243; custom_margin=&#8221;||25px||false|false&#8221; hover_enabled=&#8221;0&#8243; text_orientation_tablet=&#8221;center&#8221; text_orientation_phone=&#8221;center&#8221; text_orientation_last_edited=&#8221;on|tablet&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Investeerimisportfelli loomisel keskendutakse enamasti <a href=\"https:\/\/fundguidr.ee\/varaklassid\/aktsiad\/\">aktsiatele<\/a>, v\u00f5lakirjadele ja kinnisvarale. Ent \u00fcks tegevus, mis on pikka aega pakkunud kaitset inflatsiooni ja majanduskriiside eest, on <\/span><b>investeerimine kunsti ja kollektsioneeritavatesse esemetesse<\/b><span style=\"font-weight: 400;\">. Kunstimaailma tuntakse sageli kui superrikaste m\u00e4ngumaad, kuid t\u00e4nu tehnoloogilistele lahendustele (nt osaline omandamine) on see varaklass muutunud k\u00e4ttesaadavamaks ka tavainvestoritele.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Selles artiklis anal\u00fc\u00fcsime, miks ja kuidas investeerimine kunsti ja muudesse haruldastesse esemetesse (nt vein, kellad, spordim\u00e4lestised) toimib teistmoodi kui traditsioonilistesse varadesse investeerimine, ning selgitame, millised on riskid ja praktilised sammud, mida \u00fcks investor peaks enne sellele turule sisenemist teadma. See on investeerimine, kus kirg peab olema asjatundlikkuse teenistuses.<\/span><\/p>\n<h2 style=\"text-align: left;\"><b>1. Kuidas erineb investeerimine kunsti traditsioonilistest varadest?<\/b><\/h2>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Investeerimine kunsti ja kollektsioneeritavatesse esemetesse kuulub &#8220;kirglike varade&#8221; kategooriasse (<\/span><i><span style=\"font-weight: 400;\">passion assets<\/span><\/i><span style=\"font-weight: 400;\">). Nende v\u00e4\u00e4rtust m\u00e4\u00e4ravad peamiselt haruldus, ajalooline olulisus ja emotsionaalne side, mitte ainult rahavood (nagu aktsiate v\u00f5i v\u00f5lakirjade puhul).<\/span><\/p>\n<h3 style=\"text-align: left;\"><b>A. Madal korrelatsioon ja inflatsioonikaitse<\/b><\/h3>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Ajalooliselt on <\/span><i><span style=\"font-weight: 400;\">Blue Chip<\/span><\/i><span style=\"font-weight: 400;\"> kunst (maailma tuntuimad kunstnikud) n\u00e4idanud <\/span><b>v\u00e4ga madalat korrelatsiooni<\/b><span style=\"font-weight: 400;\"> aktsiaturgudega. See t\u00e4hendab, et kui b\u00f6rsid langevad, ei pruugi kunstihinnad j\u00e4rgneda. Kriisiolukordades, kus paberv\u00e4\u00e4ring kaotab ostuj\u00f5udu, otsivad j\u00f5ukad investorid f\u00fc\u00fcsilist vara, mis talletaks v\u00e4\u00e4rtust. Haruldane kunst v\u00f5i vein pakuvad sellist kaitset inflatsiooni vastu.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">N\u00e4iteks <\/span><b>Teise maailmas\u00f5ja perioodil<\/b><span style=\"font-weight: 400;\"> ja j\u00e4rgnenud h\u00fcperinflatsiooni aastatel s\u00e4ilitasid Euroopas paljude impressionistlike meistriteosed (nt Monet, <a href=\"https:\/\/www.theguardian.com\/artanddesign\/2025\/nov\/26\/unknown-renoir-painting-son-sells-18m-euros-auction\" target=\"_blank\" rel=\"noopener\">Renoir<\/a>) oma ostuj\u00f5u tunduvalt paremini kui aktsiad v\u00f5i valitsuse v\u00f5lakirjad. 2008. aasta <a href=\"https:\/\/fundguidr.ee\/uncategorized\/6-viimase-aja-finantskriisid\/\">finantskriisi<\/a> j\u00e4relm\u00f5judes, mil aktsiaturud alles taastusid, n\u00e4itas kaasaegse kunsti tippsegment (nt Basquiat, Warhol) kiiret taastumist ja uute hinnatippude saavutamist. Sellised teosed <\/span><b>pakuvad kaitset v\u00e4\u00e4rtuse hoidmiseks<\/b><span style=\"font-weight: 400;\">, sest nende <\/span><b>hulk on f\u00fc\u00fcsiliselt piiratud<\/b><span style=\"font-weight: 400;\"> \u2013 uusi meistriteoseid antud autorilt (nt Picasso) enam juurde ei teki.<\/span><\/p>\n<h3 style=\"text-align: left;\"><b>B. Mitte-fungibiilsus (Uniqueness)<\/b><\/h3>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Aktsiad on <\/span><i><span style=\"font-weight: 400;\">fungiibsed<\/span><\/i><span style=\"font-weight: 400;\"> \u2013 \u00fcks Apple&#8217;i aktsia on t\u00e4pselt samasugune kui teine. Kunstiteosed ja haruldased esemed on aga <\/span><i><span style=\"font-weight: 400;\">mitte-fungiibsed<\/span><\/i><span style=\"font-weight: 400;\">. Konkreetne Picasso maal on ainulaadne. See ainulaadsus loob k\u00e4ttesaadavuse piiratuse, mis on pikaajalise v\u00e4\u00e4rtuse kasvu peamine eeldus.<\/span><\/p>\n<h3 style=\"text-align: left;\"><b>C. Emotsionaalne hinnakujundus ja turu ebak\u00fcpsus<\/b><\/h3>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Erinevalt reguleeritud finantsturgudest on kunsti- ja kollektsioneerimisturg tihti <\/span><b>ebak\u00fcps<\/b><span style=\"font-weight: 400;\"> ja <\/span><b>ebalikviidne<\/b><span style=\"font-weight: 400;\">. Hindade kujunemises m\u00e4ngivad suurt rolli emotsioonid ja l\u00fchiajaline t\u00e4helepanu (nt meediakajastus, konkreetse teose <\/span><i><span style=\"font-weight: 400;\">hype<\/span><\/i><span style=\"font-weight: 400;\">). See toob endaga kaasa olulise riski: hinnad v\u00f5ivad j\u00e4rsult t\u00f5usta ja langeda mitte fundamentaalsete n\u00e4itajate, vaid pakkumise ja n\u00f5udluse ps\u00fchholoogia t\u00f5ttu. Suure ostja (nt kuulsa kollektsion\u00e4\u00e4ri) tehing v\u00f5ib turgu koheselt liigutada, mis loob ebaefektiivseid turuolukordi. Seet\u00f5ttu n\u00f5uab see varaklass \u00e4\u00e4rmist ettevaatlikkust ja p\u00f5hjalikku hoolsuskohustust, et v\u00e4ltida just emotsionaalse \u00fclehinnangu ohvriks langemist. V\u00e4\u00e4rtus on seal, kus kirg kohtub haruldusega.<\/span><\/p>\n<p style=\"text-align: left;\">\n<h2 style=\"text-align: left;\"><b>2. Otsese investeerimise reaalsus: logistika ja eksperthinnang<\/b><\/h2>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">F\u00fc\u00fcsilise vara otsene ostmine on investori jaoks k\u00f5ige keerulisem, kuid potentsiaalselt k\u00f5ige tulusam tee.<\/span><\/p>\n<h3 style=\"text-align: left;\"><b>A. V\u00e4\u00e4rtuse hindamine on subjektiivne ja kallis<\/b><\/h3>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Aktsiaturul on hind m\u00e4\u00e4ratud miljonite ostu-m\u00fc\u00fcgitehingute tulemusel. Kunstiturul on v\u00e4\u00e4rtus pigem kokkulepitud eksperthinnangu k\u00fcsimus.<\/span><\/p>\n<ul style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>As\u00fcmmeetriline informatsioon:<\/b><span style=\"font-weight: 400;\"> Ostes kunsti v\u00f5i haruldasi esemeid, on teil vastas professionaalne edasim\u00fc\u00fcja v\u00f5i oksjonimaja, kelle teadmised turust, p\u00e4ritolust (<\/span><i><span style=\"font-weight: 400;\">provenance<\/span><\/i><span style=\"font-weight: 400;\">) ja ehtsusest (<\/span><i><span style=\"font-weight: 400;\">authenticity<\/span><\/i><span style=\"font-weight: 400;\">) on teie omadest kordades suuremad. See tekitab investorile finantsriski.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Ekspertide kaasamine:<\/b><span style=\"font-weight: 400;\"> Konkreetse teose v\u00f5i eseme v\u00e4\u00e4rtuse ja ehtsuse kinnitamiseks on vaja <\/span><b>kallist ja erapooletut eksperthinnangut<\/b><span style=\"font-weight: 400;\">. Ilma selleta on risk osta v\u00f5ltsing v\u00f5i soovitud ese suure \u00fclehindlusega.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: left;\"><b>B. Hoiustamise ja kindlustuse kulud (Storage Costs)<\/b><\/h3>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Erinevalt pangakontol olevatest aktsiatest vajab f\u00fc\u00fcsiline vara haldamist.<\/span><\/p>\n<ul style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Kunstiteosed:<\/b><span style=\"font-weight: 400;\"> N\u00f5uavad spetsiaalset temperatuuri ja niiskuse kontrolliga hoiustamist. Maalide v\u00f5i skulptuuride hoidmine eluruumides on sageli riskantne. Kindlustus (nt Christie\u2019s v\u00f5i Sotheby\u2019s standardite kohaselt) on kohustuslik ja kallis.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Haruldane vein (<\/b><b><i>Fine Wine<\/i><\/b><b>):<\/b><span style=\"font-weight: 400;\"> Veini v\u00e4\u00e4rtus s\u00f5ltub kriitiliselt hoiutingimustest. See n\u00f5uab spetsiaalset keldrit v\u00f5i spetsialiseeritud veiniladu (nt Londoni kaubalaod, mis v\u00e4ljastavad <\/span><i><span style=\"font-weight: 400;\">In Bond<\/span><\/i><span style=\"font-weight: 400;\"> sertifikaate). Hoiustamise ja kindlustamise aastane kulu v\u00f5ib kergesti olla arvestatav osa vara enda v\u00e4\u00e4rtusest, mis v\u00e4hendab oluliselt netotootlust.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: left;\"><b>C. Otsese omandamise kanalid ja asjatundjate kaasamine<\/b><\/h3>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Otsese omandi soetamine n\u00f5uab spetsiifiliste kanalite kasutamist, mis on v\u00e4ga erinevad b\u00f6rsi kaudu tegutsemisest. Kunsti ja kollektsioneeritavate esemete ostmiseks on peamiselt kolm teed, millest iga\u00fchel on oma riskid:<\/span><\/p>\n<ol style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Oksjonimajad:<\/b><span style=\"font-weight: 400;\"> Maailma juhtivad oksjonimajad (<a href=\"https:\/\/www.christies.com\/en\" target=\"_blank\" rel=\"noopener\">Christie\u2019s<\/a>, Sotheby\u2019s, Phillips) pakuvad tippkunsti ja haruldaste esemete (kellad, ehted) ostmiseks k\u00f5ige l\u00e4bipaistvamaid tehinguid. Neil on tugev <\/span><i><span style=\"font-weight: 400;\">due diligence<\/span><\/i><span style=\"font-weight: 400;\"> protsess, mis peaks tagama teose ehtsuse ja p\u00e4ritolu. <\/span><b>Hoiatus:<\/b><span style=\"font-weight: 400;\"> Oksjoni hinnale lisandub ostja preemia (<\/span><i><span style=\"font-weight: 400;\">buyer&#8217;s premium<\/span><\/i><span style=\"font-weight: 400;\">), mis v\u00f5ib ulatuda 15%\u201325% l\u00f5pphinnast, v\u00e4hendades koheselt teie tegelikku tootlust.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Galeriid ja Edasim\u00fc\u00fcjad:<\/b><span style=\"font-weight: 400;\"> Kunsti ja <\/span><i><span style=\"font-weight: 400;\">vintage<\/span><\/i><span style=\"font-weight: 400;\"> kellade turg toimub suures osas galeriide ja edasim\u00fc\u00fcjate kaudu. See pakub rohkem privaatsust ja v\u00f5imalust hinda kaubelda, kuid <\/span><b>informatsiooni as\u00fcmmeetria<\/b><span style=\"font-weight: 400;\"> on siin suurim. Soovitatav on palgata oma kunstin\u00f5unik (<\/span><i><span style=\"font-weight: 400;\">art advisor<\/span><\/i><span style=\"font-weight: 400;\">), kes esindab ostjat ja aitab hinnata teose v\u00e4\u00e4rtust.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Spetsialiseeritud Fondid ja Haldurid:<\/b><span style=\"font-weight: 400;\"> Veini ja teiste spetsiifiliste varaklasside puhul on turvalisim viis kasutada spetsialiseeritud investeerimisfonde (nt veinifondid). Need fondid haldavad ise logistikat, hoiustamist ja m\u00fc\u00fcki, s\u00e4\u00e4stes investorit k\u00f5rgete halduskulude ja keerulise logistika eest.<\/span><\/li>\n<\/ol>\n<p style=\"text-align: left;\">\n<h2 style=\"text-align: left;\"><b>3. Osaline omandamine (Fractional Ownership): tee laiema turuni<\/b><\/h2>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Viimastel aastatel on tekkinud finantstehnoloogilised lahendused, mis demilitariseerivad suured varad, tuues need v\u00e4iksemale investorile k\u00e4ttesaadavaks.<\/span><\/p>\n<h3 style=\"text-align: left;\"><b>A. Kuidas osaline omandamine t\u00f6\u00f6tab?<\/b><\/h3>\n<ul style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Kontseptsioon:<\/b><span style=\"font-weight: 400;\"> Kallis kunstiteos, haruldane kell v\u00f5i <\/span><i><span style=\"font-weight: 400;\">vintage<\/span><\/i><span style=\"font-weight: 400;\"> auto ostetakse spetsiaalse ettev\u00f5tte (platvormi) poolt ja jagatakse seej\u00e4rel tuhandeteks digitaalseteks osakuteks (aktsiateks).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Eelised:<\/b><span style=\"font-weight: 400;\"> Investor saab osta n\u00e4iteks 500 euro v\u00e4\u00e4rtuses osa 10 miljoni euro maksumusega Basquiati maalist. See lahendab ligip\u00e4\u00e4setavuse probleemi.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>N\u00e4ide:<\/b><span style=\"font-weight: 400;\"> Platvormid nagu <\/span><b>Masterworks<\/b><span style=\"font-weight: 400;\"> (kunstile) v\u00f5i teised spetsialiseerunud fondid, mis pakuvad veinivarade omandust. Need platvormid on tavaliselt EL-i regulatsioonide all.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sellisel juhul ei ole teos siiski ainult \u2018teie oma\u2019, te ei saa seda omale elutuppa seinale riputada ning sellest r\u00f5\u00f5mu tunda. Osalise omandamisega saate osa ainult potentisaalselt kasumist.\u00a0<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: left;\"><b>B. Riskid osalise omandamise juures<\/b><\/h3>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Kuigi ligip\u00e4\u00e4setavus paraneb, kaasnevad olulised ohud:<\/span><\/p>\n<ul style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Platvormirisk:<\/b><span style=\"font-weight: 400;\"> Te ei oma teost otseselt, vaid omate platvormi osakut. Kui platvorm pankrotistub, v\u00f5ib teose reaalne v\u00e4\u00e4rtuse k\u00e4ttesaamine olla keeruline ja pikk protsess.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Likviidsus:<\/b><span style=\"font-weight: 400;\"> Osalise omandamise platvormidel on endiselt <\/span><b>madal likviidsus<\/b><span style=\"font-weight: 400;\">. M\u00fc\u00fck toimub sageli piiratud teisesel turul ja v\u00f5ib v\u00f5tta aega. Osakuid ei saa m\u00fc\u00fca sama kiiresti kui b\u00f6rsiaktsiaid.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Kulud:<\/b><span style=\"font-weight: 400;\"> Platvormid v\u00f5tavad varahaldustasu, et katta hoiustamise ja kindlustuse kulud. See haldustasu v\u00f5ib olla traditsioonilistest ETF-idest k\u00f5rgem.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: left;\"><b>4. Investeerimise erivaldkonnad<\/b><\/h2>\n<h3 style=\"text-align: left;\"><b>A. Investeerimine veini<\/b><\/h3>\n<ul style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>P\u00f5hjus:<\/b> <i><span style=\"font-weight: 400;\">Fine Wine<\/span><\/i><span style=\"font-weight: 400;\"> on tuntud inflatsiooni kindlustus. Vanemate aastak\u00e4ikude piiratud saadavus loob v\u00e4\u00e4rtuse kasvu.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Kuidas:<\/b><span style=\"font-weight: 400;\"> Sisenemine spetsiaalsete veinifondide kaudu on k\u00f5ige turvalisem. Need fondid tegelevad ise hoiustamise, kindlustuse ja m\u00fc\u00fcgiga.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: left;\"><b>B. Kollektsioneeritavad esemed (kellad, <\/b><b><i>vintage<\/i><\/b><b> autod)<\/b><\/h3>\n<ul style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Kellad:<\/b><span style=\"font-weight: 400;\"> Eriti haruldased <\/span><i><span style=\"font-weight: 400;\">vintage<\/span><\/i><span style=\"font-weight: 400;\"> mudelid (Rolex, Patek Philippe) on n\u00e4idanud muljetavaldavat v\u00e4\u00e4rtuse kasvu. V\u00e4\u00e4rtus on tihedalt seotud mudeli ajaloo, piiratud tootmise ja br\u00e4ndi prestii\u017eiga.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Hoiatus:<\/b><span style=\"font-weight: 400;\"> Vaja on \u00e4\u00e4rmist asjatundlikkust ja autentsuse kontrolli (nt kellameistri hinnang). Remondi ja hoolduse kulud v\u00f5ivad olla m\u00e4rkimisv\u00e4\u00e4rsed.<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: left;\"><b>5. Kokkuv\u00f5te<\/b><\/h2>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Investeerimine kunsti ja kollektsioneeritavatesse esemetesse v\u00f5ib olla rahuldustpakkuv ja finantsiliselt tulus, kuid see ei ole kindlasti m\u00f5eldud algajatele.<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><b>Likviidsus on vaenlane:<\/b><span style=\"font-weight: 400;\"> Pea meeles, et sa <\/span><b>ei saa<\/b><span style=\"font-weight: 400;\"> seda raha kiiresti k\u00e4tte. See on kapital, mis peaks olema seotud 10\u201320 aasta pikkuste horisontidega.<\/span><\/li>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><b>\u00c4ra panusta rohkem kui 5%:<\/b><span style=\"font-weight: 400;\"> Hobiinvesteeringud peaksid moodustama maksimaalselt 5% sinu koguportfellist. \u00dclej\u00e4\u00e4nud vara peaks olema likviidne ja hajutatud.<\/span><\/li>\n<li style=\"font-weight: 400; text-align: left;\" aria-level=\"1\"><b>Haridus v\u00f5i ekspert:<\/b><span style=\"font-weight: 400;\"> \u00c4ra kunagi osta midagi, mille hindamises sa pole ekspert, v\u00f5i mille hindamiseks sa pole kaasanud usaldusv\u00e4\u00e4rset ja erapooletut spetsialisti. Osaline omandamine on siin tihti turvalisem tee.<\/span><\/li>\n<\/ol>\n<p>[\/et_pb_blurb][et_pb_image src=&#8221;https:\/\/images.pexels.com\/photos\/2123337\/pexels-photo-2123337.jpeg?_gl=1*x8iw90*_ga*NjkwMzY0NTkxLjE3NjUzODY2OTg.*_ga_8JE65Q40S6*czE3NjUzODY2OTgkbzEkZzEkdDE3NjUzODczMjUkajQ2JGwwJGgw&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][\/et_pb_image][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investeerimisportfelli loomisel keskendutakse enamasti aktsiatele, v\u00f5lakirjadele ja kinnisvarale. Ent \u00fcks tegevus, mis on pikka aega pakkunud kaitset inflatsiooni ja majanduskriiside eest, on investeerimine kunsti ja kollektsioneeritavatesse esemetesse. Kunstimaailma tuntakse sageli kui superrikaste m\u00e4ngumaad, kuid t\u00e4nu tehnoloogilistele lahendustele (nt osaline omandamine) on see varaklass muutunud k\u00e4ttesaadavamaks ka tavainvestoritele. Selles artiklis anal\u00fc\u00fcsime, miks ja kuidas investeerimine kunsti [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2739,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"2880","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-varaklassid"],"rank_math_title":null,"rank_math_focus_keyword":"investeerimine kunsti,osaline omandamine,likviidsus","rank_math_description":"Selles artiklis anal\u00fc\u00fcsime, miks ja kuidas investeerimine kunsti erineb tavalistest varadest, vaatame \u00fcle omamise viisid ning vaatleme ka riske","_links":{"self":[{"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/posts\/2735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/comments?post=2735"}],"version-history":[{"count":7,"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/posts\/2735\/revisions"}],"predecessor-version":[{"id":2952,"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/posts\/2735\/revisions\/2952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/media\/2739"}],"wp:attachment":[{"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/media?parent=2735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/categories?post=2735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundguidr.ee\/en\/wp-json\/wp\/v2\/tags?post=2735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}