Specialty goods market as alternative type of investment

Abstract

The article considers the alternative types of investment in the conditions of the economic crisis during the last few years. Investors not only do not receive profit, but also lose their invested funds as a result of bankruptcy of enterprises, closing banks and lower prices for natural resources. In the current situation, in order to increase their fortune, rich people are looking for alternative, more stable sources for investing. An alternative investment direction is investing in special demand goods: precious stones, art and antiques. The analysis results are presented, which indicate that over the past six years in the domestic and foreign markets there has been a decrease in sales of art objects. It has been stated that over the past ten years in the antiques market, the increase was almost 50%, however, this market has certain risks, in particular, the risk is the forgery of antiques and art objects. When investing in antiques, it is necessary to strictly follow the legislation that establishes strict restrictions on the movement of these objects across the border, with regard to art objects, a cultural value provision is applied, which does not allow the acquisition of those items that are of particular importance to the country. It is concluded that investing in goods of special demand is quite attractive for investors due to the high cost of such goods and the rise in price with each subsequent year, at the same time, this type of inspection is accompanied by special risks. In order to determine the most effective and profitable investment objects, it is necessary to have extensive knowledge in the field of culture, legislation, as well as conduct ongoing market research.