Thank You
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Art as an investment , by Thank You on Mar 8, 2022 17:28:13 GMT 1, Great link and read thankyou! All things being equal with semi-normal people, I'll still take the physician who has four years of medical school, four years of residency and a couple years of practice under their belt rather than the first year resident...
I don’t disagree one bit.
Great link and read thankyou! All things being equal with semi-normal people, I'll still take the physician who has four years of medical school, four years of residency and a couple years of practice under their belt rather than the first year resident... I don’t disagree one bit. |
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Deleted
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Art as an investment , by Deleted on Mar 8, 2022 17:54:23 GMT 1, For those out there that collect art as an investment. What have you learnt over the months and years? What are your tips? Anything you regret doing? How to avoid tax and move money from one country to another and how to launder money through art.
Mine is it's taught me how to spend money unwisely
For those out there that collect art as an investment. What have you learnt over the months and years? What are your tips? Anything you regret doing? How to avoid tax and move money from one country to another and how to launder money through art. Mine is it's taught me how to spend money unwisely |
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JockoLad
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Art as an investment , by JockoLad on Mar 8, 2022 17:59:51 GMT 1, How to avoid tax and move money from one country to another and how to launder money through art. Mine is it's taught me how to spend money unwisely
Always buy the next big thing before they are famous and guarantee a tidy return.
It really is that simple…
How to avoid tax and move money from one country to another and how to launder money through art. Mine is it's taught me how to spend money unwisely Always buy the next big thing before they are famous and guarantee a tidy return. It really is that simple… |
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Naor
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Art as an investment , by Naor on Mar 8, 2022 18:25:22 GMT 1, This thread is funny 
The rule to follow is really simple and true to everything in life.
Low Risk = Low Gain
High Risk = High Gain
Let's say you had 5,000 pounds 15 years ago, you could have:
1. Bought 30 Banksy's
2. Bought 1-2 Damien Hirst works
If you would have sold all of them today, for Banksy you would have gotten few millions probably where for Hirst, a few tens of thousands at most if you were super successful at auction. Still, both will yield a markup higher of x10, but Banksy is x1000 
Personally I don't buy art as an investment, so my recommendation like everyone will be to buy what you like and can relate to (in example, I haven't bought Hirst although the value is guaranteed to go up).
Now if you are asking about a tip as an investor?
1. Decide what is your risk profile and how much you are willing to "lose" for bad choices.
2. Diversify. if your risk profile is high in example, maintain a ratio of 70% new artists and 30% known and established, so that in the future if you decide to sell - one blue chip artwork sold will cover for most of the new artists work that you had bought and didn't materialize as a smart investment.
The reason for 70%/30% is: If you have 10,000 pounds - for 7,000 you get a lot of artworks from new / beginning artists so the chances that one of them will succeed is going up. for 3,000 pounds you will buy 1 print from a known artist, and in 10 years when that piece is worth 10,000 pounds, even if all the new artists didn't succeed financially for you, you have not lost any money (if you think about 0 interest etc. etc.)
This thread is funny The rule to follow is really simple and true to everything in life. Low Risk = Low Gain High Risk = High Gain Let's say you had 5,000 pounds 15 years ago, you could have: 1. Bought 30 Banksy's 2. Bought 1-2 Damien Hirst works If you would have sold all of them today, for Banksy you would have gotten few millions probably where for Hirst, a few tens of thousands at most if you were super successful at auction. Still, both will yield a markup higher of x10, but Banksy is x1000 Personally I don't buy art as an investment, so my recommendation like everyone will be to buy what you like and can relate to (in example, I haven't bought Hirst although the value is guaranteed to go up). Now if you are asking about a tip as an investor? 1. Decide what is your risk profile and how much you are willing to "lose" for bad choices. 2. Diversify. if your risk profile is high in example, maintain a ratio of 70% new artists and 30% known and established, so that in the future if you decide to sell - one blue chip artwork sold will cover for most of the new artists work that you had bought and didn't materialize as a smart investment.
The reason for 70%/30% is: If you have 10,000 pounds - for 7,000 you get a lot of artworks from new / beginning artists so the chances that one of them will succeed is going up. for 3,000 pounds you will buy 1 print from a known artist, and in 10 years when that piece is worth 10,000 pounds, even if all the new artists didn't succeed financially for you, you have not lost any money (if you think about 0 interest etc. etc.)
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BKBOI
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Art as an investment , by BKBOI on Mar 8, 2022 21:52:34 GMT 1, NFTs are hawt. buy buy buy
NFTs are hawt. buy buy buy
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moron
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Art as an investment , by moron on Mar 9, 2022 11:37:27 GMT 1, How to avoid tax and move money from one country to another and how to launder money through art. Mine is it's taught me how to spend money unwisely
What is money?
How to avoid tax and move money from one country to another and how to launder money through art. Mine is it's taught me how to spend money unwisely What is money? |
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zoart
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Art as an investment , by zoart on Mar 9, 2022 22:02:49 GMT 1, the art market is largely a manipulation.
once in a while someone pops, and street art had a bit more of a dynamic quality since much of it operated outside the standard gallery model.
however, its not as if there are 1 dozen banksys.
there is kaws as a standout.
invader has risen but its manipulation.
os gemeos rose, and they started on 3rd base. there wereny many if any US shows before they were already on top of the world.
however the examples after that are few.
this wave has passed. there is too much attention, too much speculation, banksy and kaws happened when nobody was looking for them.
this type of home grown stardom is rare, and inside the traditional gallery world it is unicorn rare.
so anyone you are going to invest in in the traditional art market is easy to spot, harder to acquire in this market of endless data and information.
so if you want to buy at 10K and make 40K, thats probably still out there in some regard. the buy at $5000 and make $500,000, I dont see happening.
the most active investment market i see these days is lower east side, and asia.
there is an organized market, driven by well constructed manipulation. young(er) folks building on prior decades of manipulation, seeing quicker turns, and more organized steps, vs the Oscar Murrilio stuff that came through Miami a decade ago.
so, my advice, connect with the galleries moving this work, invest lots of time building relationships, wait for an opening, put a good chunk of money at play, and prepare to hold for 3 - 5 years.
the art market is largely a manipulation.
once in a while someone pops, and street art had a bit more of a dynamic quality since much of it operated outside the standard gallery model.
however, its not as if there are 1 dozen banksys.
there is kaws as a standout.
invader has risen but its manipulation.
os gemeos rose, and they started on 3rd base. there wereny many if any US shows before they were already on top of the world.
however the examples after that are few.
this wave has passed. there is too much attention, too much speculation, banksy and kaws happened when nobody was looking for them.
this type of home grown stardom is rare, and inside the traditional gallery world it is unicorn rare.
so anyone you are going to invest in in the traditional art market is easy to spot, harder to acquire in this market of endless data and information.
so if you want to buy at 10K and make 40K, thats probably still out there in some regard. the buy at $5000 and make $500,000, I dont see happening.
the most active investment market i see these days is lower east side, and asia.
there is an organized market, driven by well constructed manipulation. young(er) folks building on prior decades of manipulation, seeing quicker turns, and more organized steps, vs the Oscar Murrilio stuff that came through Miami a decade ago.
so, my advice, connect with the galleries moving this work, invest lots of time building relationships, wait for an opening, put a good chunk of money at play, and prepare to hold for 3 - 5 years.
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blerd
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Art as an investment , by blerd on Mar 9, 2022 23:43:19 GMT 1, Buy what you hate.
Buy what you hate.
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Art as an investment , by thedutchvenus on Mar 9, 2022 23:48:04 GMT 1, There are no lessons to be learnt here and to the original poster unless you are being ironic, I’d suggest seeking an alternate subject to invest in.
There are no lessons to be learnt here and to the original poster unless you are being ironic, I’d suggest seeking an alternate subject to invest in.
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Art as an investment , by Buttercup NYC on Mar 9, 2022 23:53:19 GMT 1, Always buy the next big thing before they are famous and guarantee a tidy return. It really is that simple… Well, sort of. The problem, of course, is that you only ever recognise "the next big thing" in hindsight.
Always buy the next big thing before they are famous and guarantee a tidy return. It really is that simple… Well, sort of. The problem, of course, is that you only ever recognise "the next big thing" in hindsight. i have a feeling Jockolad was being cheeky |
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Art as an investment , by Spacekid 9 on Mar 10, 2022 0:36:53 GMT 1, don't buy a bunch of Obey stuff to resell and when it sits, pretend to put it up for a good cause
don't buy a bunch of Obey stuff to resell and when it sits, pretend to put it up for a good cause
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Art as an investment , by Jimini Cricket on Mar 10, 2022 0:56:40 GMT 1, Follow these steps.
"Collector" to Moosey Art, Avant Arte and Case Studyo:
Hi, I am a good collector. I only want your hawt autistes. Sell to me. I want to add to my collection **fingers crossed behind back**
In 12 months:
"Collector" posts on UAA, sometimes with burner account:
For Sale. Work by hawt autiste from Moosey, Avant Arte or Case Studyo. Price is lots of $$$. Fuck you, pay me.
Follow these steps.
"Collector" to Moosey Art, Avant Arte and Case Studyo:
Hi, I am a good collector. I only want your hawt autistes. Sell to me. I want to add to my collection **fingers crossed behind back**
In 12 months:
"Collector" posts on UAA, sometimes with burner account:
For Sale. Work by hawt autiste from Moosey, Avant Arte or Case Studyo. Price is lots of $$$. Fuck you, pay me.
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Art as an investment , by Schrödinger's Chat on Mar 10, 2022 10:23:38 GMT 1, I have learnt that you end up with more stored in flatfiles, boxes etc. Than you have space for on the walls.
I have learnt that you end up with more stored in flatfiles, boxes etc. Than you have space for on the walls.
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Art as an investment , by sleazus1slord on Mar 10, 2022 10:44:05 GMT 1, Know your niche and place within the hierarchy
Form relationships with collectors, galleries, and artists
Learn how and where to sell before you learn how and where to buy
Don't prescribe to narratives or group think
Find a good framer and be their best customer
Read old books and study art history
set 500 ebay alerts to your email that you check first thing everyday
Know your niche and place within the hierarchy
Form relationships with collectors, galleries, and artists
Learn how and where to sell before you learn how and where to buy
Don't prescribe to narratives or group think
Find a good framer and be their best customer
Read old books and study art history
set 500 ebay alerts to your email that you check first thing everyday
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Bram
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Art as an investment , by Bram on Mar 10, 2022 13:38:47 GMT 1, Buy, read and re-read on a regular basis “A Poor Collector’s Guide to Buying Great Art” by Erling Kagge.
Oh, and only buy art you can afford and love because one day it may be worth JS
Buy, read and re-read on a regular basis “A Poor Collector’s Guide to Buying Great Art” by Erling Kagge.
Oh, and only buy art you can afford and love because one day it may be worth JS
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Bram
Artist
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Art as an investment , by Bram on Mar 10, 2022 13:49:05 GMT 1, Plus
“The next big thing” won’t be the next big thing.
“Can’t go wrong with…” will go wrong
“Is a safe bet” will be a risky bet
“Has got interest from a major gallery / institution” has no such thing
“He / she / them are the new “insert here name of artist that has risen in price recently” - they are probably the new “insert last artist to get over hyped and dropped here”
“Looks a lot better in the flesh” probably doesn’t
“Wife doesn’t like it” probably single
“Not going to make the wall” never was
“Wanted” don’t want but want to sell the one I have so am hyping the artist as a wanted artist
And finally - collecting art can make you bitter :-)
Plus
“The next big thing” won’t be the next big thing.
“Can’t go wrong with…” will go wrong
“Is a safe bet” will be a risky bet
“Has got interest from a major gallery / institution” has no such thing
“He / she / them are the new “insert here name of artist that has risen in price recently” - they are probably the new “insert last artist to get over hyped and dropped here”
“Looks a lot better in the flesh” probably doesn’t
“Wife doesn’t like it” probably single
“Not going to make the wall” never was
“Wanted” don’t want but want to sell the one I have so am hyping the artist as a wanted artist
And finally - collecting art can make you bitter :-)
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Art as an investment , by Jimini Cricket on Mar 10, 2022 21:29:27 GMT 1, Truth #1. The UAA is filled with megalomaniacal lunatics with access to a keyboard and the internet.
Truth #2. IYKYK
Truth #3. Look after number 1. Fuck everyone else.
Truth #4. Go to therapy.
Truth #1. The UAA is filled with megalomaniacal lunatics with access to a keyboard and the internet.
Truth #2. IYKYK
Truth #3. Look after number 1. Fuck everyone else.
Truth #4. Go to therapy.
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blerd
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Art as an investment , by blerd on Mar 10, 2022 23:26:37 GMT 1, Truth #1. The UAA is filled with megalomaniacal lunatics with access to a keyboard and the internet. Truth #2. IYKYK Truth #3. Look after number 1. Fuck everyone else. Truth #4. Go to therapy.
Truth #1. The UAA is filled with megalomaniacal lunatics with access to a keyboard and the internet. Truth #2. IYKYK Truth #3. Look after number 1. Fuck everyone else. Truth #4. Go to therapy. You talking to the mirror again. |
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Art as an investment , by Jimini Cricket on Mar 10, 2022 23:34:24 GMT 1, Truth #1. The UAA is filled with megalomaniacal lunatics with access to a keyboard and the internet. Truth #2. IYKYK Truth #3. Look after number 1. Fuck everyone else. Truth #4. Go to therapy. You talking to the mirror again.
You must be one of the lunatics.
Don't quit your day job, boy.
Truth #1. The UAA is filled with megalomaniacal lunatics with access to a keyboard and the internet. Truth #2. IYKYK Truth #3. Look after number 1. Fuck everyone else. Truth #4. Go to therapy. You talking to the mirror again. You must be one of the lunatics. Don't quit your day job, boy. |
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Art as an investment , by Jules Leotard on Mar 11, 2022 1:59:30 GMT 1, Don't quit your day job....
Don't quit your day job....
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ca
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Art as an investment , by ca on Mar 11, 2022 2:30:20 GMT 1, Day boy job, don’t quit
Day boy job, don’t quit
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Deleted
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January 1970
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Art as an investment , by Deleted on May 17, 2022 22:57:36 GMT 1, Thierry Noir is about to be huge and Mr Doodle but you’ll need to be quick I can't take Mr Doodle as anything other than a short term jump. But what do I know.
#notmuch #bearish #hatesalpha #misguided #thisonejustforthelolz
Thierry Noir is about to be huge and Mr Doodle but you’ll need to be quick I can't take Mr Doodle as anything other than a short term jump. But what do I know. #notmuch #bearish #hatesalpha #misguided #thisonejustforthelolz |
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lollo88
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Art as an investment , by lollo88 on Aug 30, 2022 12:55:41 GMT 1, Dear fellow art lovers,
I have been having this feeling lately that the urban art scene has been slowing down lately.
Is it just my impression, or is there really a downward slope in sales lately?
Dear fellow art lovers,
I have been having this feeling lately that the urban art scene has been slowing down lately.
Is it just my impression, or is there really a downward slope in sales lately?
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Art as an investment , by Daniel Silk on Aug 30, 2022 13:04:39 GMT 1, I think the costs of shipping art between countries has increased, making the costs of buying a bit off-putting. I think collectors might refocus onto artists within their own countries for more affordable art.
I think the costs of shipping art between countries has increased, making the costs of buying a bit off-putting. I think collectors might refocus onto artists within their own countries for more affordable art.
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lollo88
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Art as an investment , by lollo88 on Aug 30, 2022 13:24:54 GMT 1, I think the costs of shipping art between countries has increased, making the costs of buying a bit off-putting. I think collectors might refocus onto artists within their own countries for more affordable art.
Also, a very large number of collectors are from the UK, and Brexit certainly didn't help the selling/buying process.
I think the costs of shipping art between countries has increased, making the costs of buying a bit off-putting. I think collectors might refocus onto artists within their own countries for more affordable art. You make a good point. Also, a very large number of collectors are from the UK, and Brexit certainly didn't help the selling/buying process. |
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Art as an investment , by Daniel Silk on Aug 30, 2022 13:43:52 GMT 1, Rather than SLOWED, I think the scene has just CHANGED a lot in the last 10 years, people have been looking at art much more Worldwide, and more varied styles. Also the buying and selling of art has changed, before you would buy from a Gallery or eBay, while now most artists sell direct from their own websites, and the auction houses are doing regular Urban Art Auctions, while they used to be just special events maybe once a year.
Rather than SLOWED, I think the scene has just CHANGED a lot in the last 10 years, people have been looking at art much more Worldwide, and more varied styles. Also the buying and selling of art has changed, before you would buy from a Gallery or eBay, while now most artists sell direct from their own websites, and the auction houses are doing regular Urban Art Auctions, while they used to be just special events maybe once a year.
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eD
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Art as an investment , by eD on Aug 30, 2022 17:09:07 GMT 1, Agree that the market has evolved over the last few years - I dont see demand falling for popular artists and prices are as high as they ever were for new works. Maybe the slowdown on the Banksy market makes people think that the whole genre is effected but from what I see, thats not the case.
Agree that the market has evolved over the last few years - I dont see demand falling for popular artists and prices are as high as they ever were for new works. Maybe the slowdown on the Banksy market makes people think that the whole genre is effected but from what I see, thats not the case.
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Icesay
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Art as an investment , by Icesay on Aug 30, 2022 18:50:16 GMT 1, Yes I think there is a slow down in some areas. Some artists are immune from the impact and others aren't. With the current economic situation ordinary people won't have the disposable cash to spunk on average art so flippers and investors will go for the sure thing. The few hundred dollar flippers will probably move to something else more essential.
Yes I think there is a slow down in some areas. Some artists are immune from the impact and others aren't. With the current economic situation ordinary people won't have the disposable cash to spunk on average art so flippers and investors will go for the sure thing. The few hundred dollar flippers will probably move to something else more essential.
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Art as an investment , by Jules Leotard on Aug 30, 2022 19:59:55 GMT 1, Dear fellow art lovers, I have been having this feeling lately that the urban art scene has been slowing down lately. Is it just my impression, or is there really a downward slope in sales lately? Its not just the Urban Art market slowing. Its every market. Real estate, commodities, the stock market, and those oddball investments I think of as the absurdities, yeah, you know the ones I am talking about.
When the amount of 'on paper' money shrinks, purchasing shrinks too.
I'm not dismissing brexit's impact, the bs in eastern europe, rumblings in asia, etc., but too many things are lining up at once, it could get a lot worse.
Couple all of that with everyone (in the art world) kicking out more work than usual and the people who have been snapping it up all liberated from their lockdowns for the summer and it all makes sense.
Dear fellow art lovers, I have been having this feeling lately that the urban art scene has been slowing down lately. Is it just my impression, or is there really a downward slope in sales lately? Its not just the Urban Art market slowing. Its every market. Real estate, commodities, the stock market, and those oddball investments I think of as the absurdities, yeah, you know the ones I am talking about.
When the amount of 'on paper' money shrinks, purchasing shrinks too.
I'm not dismissing brexit's impact, the bs in eastern europe, rumblings in asia, etc., but too many things are lining up at once, it could get a lot worse.
Couple all of that with everyone (in the art world) kicking out more work than usual and the people who have been snapping it up all liberated from their lockdowns for the summer and it all makes sense.
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Art as an investment , by Jeezuz Jones Snr on Aug 30, 2022 22:03:34 GMT 1, Yes it is slowing down and as Jules points above, all asset markets are slowing. Even housing in Australia is going down 2% monthly!. The more inflation worldwide continues to rise the more the assets fall.
My wife works for one of the big banks and investors are already working on their new pre approvals for adjusted rates ready to jump in and buy more houses. Same will happen with art, investors will jump in and start hoovering up banksys again as it's a safe bet long term due to authenticity is secure via pest control.
It's a lower level on this forum but lots of sales threads and discounted art likely over next 12 months. I had good will power 😉 and haven't bought for a while due to stupidly high prices being charged during covid and as Dan says crazy postage prices also. So I'm waiting to see what happens.
If inflation gets controlled quickly it may be a soft landing for economies? Well see..
Yes it is slowing down and as Jules points above, all asset markets are slowing. Even housing in Australia is going down 2% monthly!. The more inflation worldwide continues to rise the more the assets fall.
My wife works for one of the big banks and investors are already working on their new pre approvals for adjusted rates ready to jump in and buy more houses. Same will happen with art, investors will jump in and start hoovering up banksys again as it's a safe bet long term due to authenticity is secure via pest control.
It's a lower level on this forum but lots of sales threads and discounted art likely over next 12 months. I had good will power 😉 and haven't bought for a while due to stupidly high prices being charged during covid and as Dan says crazy postage prices also. So I'm waiting to see what happens.
If inflation gets controlled quickly it may be a soft landing for economies? Well see..
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