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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Angela Benton‏ @ABenton 5 Jul 2017
      Replying to @FeministaJones @thewillcotton @BishWeMightBe

      Actually the average american household income is about $50k hun. Generational wealth isn't built overnight. Save. Inform yourself. Invest.

      6 replies 0 retweets 1 like
    2. afuckenhumanbeingahdammit‏ @WalkerRainge 5 Jul 2017
      Replying to @ABenton @FeministaJones and

      Yes, because it's totally reasonable that the average family would put 10-20% of their income into buying art.

      1 reply 3 retweets 20 likes
    3. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @WalkerRainge @FeministaJones and

      Oh my God art investing for non-millionaires is such an absurdly bad idea

      2 replies 10 retweets 43 likes
    4. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      Never mind that identifying art that will grow in value is basically gambling and requires tremendous amounts of education

      2 replies 11 retweets 30 likes
    5. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      Just the logistics -- you're putting thousands of dollars into a physical thing that can get stolen or destroyed

      1 reply 5 retweets 16 likes
    6. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      Now you need to worry about home security and probably purchase insurance -- your asset becomes a liability

      1 reply 4 retweets 15 likes
    7. Nope‏ @grumpfgrr 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      And the more people who do it, the less profitable it becomes. It's literally impossible for this to work for everyone.

      1 reply 0 retweets 2 likes
    8. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @grumpfgrr @FeministaJones and

      Yeah investing in any form of collectible is a zero sum game just like the poker table - you can only be right if others are wrong

      2 replies 3 retweets 14 likes
    9. e^(iπ)‏ @ebdibit 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      That much is just as true of any other asset class.

      1 reply 0 retweets 1 like
    10. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @ebdibit @FeministaJones and

      Not really. Some assets are productive (rental property, a business that actually sells shit), others are not (gold bars, paintings)

      1 reply 0 retweets 3 likes
      Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
      Replying to @arthur_affect @FeministaJones and

      With art in particular new art is constantly being produced and art in general will never become scarce

      6:58 AM - 5 Jul 2017
      • 2 Likes
      • Nixxie ♐♌ ♐ ☀️kylo hen☀️
      1 reply 0 retweets 2 likes
        1. New conversation
        2. Arthur Chu‏Verified account @arthur_affect 5 Jul 2017
          Replying to @arthur_affect @FeministaJones and

          So buying a painting as an investment cannot be anything other than a bet that this particular painting is currently mispriced

          2 replies 0 retweets 3 likes
        3. e^(iπ)‏ @ebdibit 5 Jul 2017
          Replying to @arthur_affect @FeministaJones and

          Fair enough. In reference to the underlying asset, however, the statement holds. New art, new businesses, new homes, etc. stay being made.

          1 reply 0 retweets 2 likes
        4. Show replies

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