Spotlight: Switzerland’s New Platform 10 Art District

Every year in Basel, Switzerland, Art Basel presents an exhibition featuring high end works by local artists. This yearly exhibition has turned Switzerland into more than just a blip on the map in the world of contemporary art.

 

This event brings together hipsters with art curators and gallery owners to create a community of passionate and dedicated artists. Due to its overwhelming popularity, there are now two competing art shows held in Hong Kong and Miami Beach.

 

Art has always been a significant part of the culture in Switzerland. Since Art Basel was launched, the fine arts have been treasured throughout the country. As a result. Switzerland boasts world-famous art museums. Some of these museums include:

 

  • Bern’s Zentrum Paul Klee Museum
  • Zurich’s Kunsthaus
  • Lucerne’s Rosengart Collection

 

Currently, under construction, Plateforme 10, set to be the largest museum in Switzerland, will be the next-door neighbor of the Lausanne train station. As the center of the city, it will be a prime spot for tourists to visit.

 

Once it is open for business, the Plateforme 10 is poised to set the city’s definition of an art district. It will hold a total of three museums on its property. These three museums are currently spaced out around the city. The Plateforme 10 will be the new home of:

 

  • Musee Cantonal des Beaux-Arts
  • Musee de l’Elysee
  • Museum of Contemporary Design And Applied Arts

 

In total, the three museums will come together to cover a campus stretching 237,000 feet. As a result, all three museums will have more space in which to display their exhibits.

 

To many, Lausanne is the perfect place for this new museum to open. The city is known as the world’s most free-spirited. As the Canton of Vaud capital, Lausanne borders the French Alps and Switzerland’s famous Lake Geneva. The city exudes the vibes of a young generation. As an artistic hub, it embraces a generation that thrives on their creative spirit.

 

Any art lover owes it to him or herself to plan a trip to Switzerland The Platform 10 District is not to be missed. It is an experience that visitors will never forget.

This post was originally published on Etienne Kiss-Borlase’s Art-In-Trust website. For more info about Etienne, please visit his homepage.

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Spotlight: Switzerland’s New Platform 10 Art District

Understanding Retirement Annuities

There are multiple options for investors saving for retirement including employer-sponsored and self-employed pension plans, 401k or 403b plans, Individual Retirement Accounts (IRAs), and deferred annuities. Here is some information to help you understand retirement annuities and how they can fit into your financial plans.

 

What is an annuity?

 

Financial institutions, mainly investment and insurance companies, offer annuities to individuals as long-term investments for retirement savings. Someone can make a lump sum investment or monthly installments to fund an annuity. At some future date, the annuity contract will provide a reliable income stream to the individual. Social Security and defined benefit pension payments are classic examples of how annuities are intended to work.

 

It helps to understand the concept of fixed or variable and immediate or deferred annuities. A fixed, or lifetime, annuity provides a lifetime stream of income starting at a predetermined date and continuing until death. A variable annuity is popular as a way to defer some portion of income taxes. An immediate annuity takes a lump sum investment and converts it into payments that start immediately and continue for life. A deferred annuity can be funded with a lump sum investment but usually involves monthly investments designed to grow over time before being converted to the lifetime income payment stream.

 

Why should someone invest in an annuity?

 

There are few arguments against planning for and investing in your retirement. If there is a “con” to investing an annuity, it is that you give up a portion of today’s dollars to create a future income stream. The obvious benefit is that you create a lifetime future income that starts as soon as you retire. Another benefit of deferred annuities is tax savings. Many annuities allow you to defer taxes on investment returns or contributions until you start taking monthly distributions.

 

Considerations

 

There are many annuity products to choose from, so you need to consider the:

 

  • High cost and limited tax benefits of variable annuities
  • Hefty commission associated with fixed annuities
  • Risk of loss due to outliving your assets
  • Risk of loss due to insolvency of insurer or annuity company

Advice

 

Financial planners and retirement planning professionals recommend purchasing annuities from more than one company to reduce the risk of loss, minimize costs, and maximize returns. Even if you choose to invest with a single financial institution, it pays to understand how annuities work. Whether you need to invest a lump sum today to create a lifetime income or need to invest for your future retirement, this information can point you in the right direction for including annuities in your retirement plan.

This post was originally published on Etienne Kiss-Borlase’s Finance Blog. For more info about Etienne, please visit his homepage.

Understanding Retirement Annuities

Understanding Retirement Annuities

There are multiple options for investors saving for retirement including employer-sponsored and self-employed pension plans, 401k or 403b plans, Individual Retirement Accounts (IRAs), and deferred annuities. Here is some information to help you understand retirement annuities and how they can fit into your financial plans.

 

What is an annuity?

 

Financial institutions, mainly investment and insurance companies, offer annuities to individuals as long-term investments for retirement savings. Someone can make a lump sum investment or monthly installments to fund an annuity. At some future date, the annuity contract will provide a reliable income stream to the individual. Social Security and defined benefit pension payments are classic examples of how annuities are intended to work.

 

It helps to understand the concept of fixed or variable and immediate or deferred annuities. A fixed, or lifetime, annuity provides a lifetime stream of income starting at a predetermined date and continuing until death. A variable annuity is popular as a way to defer some portion of income taxes. An immediate annuity takes a lump sum investment and converts it into payments that start immediately and continue for life. A deferred annuity can be funded with a lump sum investment but usually involves monthly investments designed to grow over time before being converted to the lifetime income payment stream.

 

Why should someone invest in an annuity?

 

There are few arguments against planning for and investing in your retirement. If there is a “con” to investing an annuity, it is that you give up a portion of today’s dollars to create a future income stream. The obvious benefit is that you create a lifetime future income that starts as soon as you retire. Another benefit of deferred annuities is tax savings. Many annuities allow you to defer taxes on investment returns or contributions until you start taking monthly distributions.

 

Considerations

 

There are many annuity products to choose from, so you need to consider the:

 

  • High cost and limited tax benefits of variable annuities
  • Hefty commission associated with fixed annuities
  • Risk of loss due to outliving your assets
  • Risk of loss due to insolvency of insurer or annuity company

Advice

 

Financial planners and retirement planning professionals recommend purchasing annuities from more than one company to reduce the risk of loss, minimize costs, and maximize returns. Even if you choose to invest with a single financial institution, it pays to understand how annuities work. Whether you need to invest a lump sum today to create a lifetime income or need to invest for your future retirement, this information can point you in the right direction for including annuities in your retirement plan.

Understanding Retirement Annuities

Spotlight: Switzerland’s New Platform 10 Art District

Every year in Basel, Switzerland, Art Basel presents an exhibition featuring high end works by local artists. This yearly exhibition has turned Switzerland into more than just a blip on the map in the world of contemporary art.

 

This event brings together hipsters with art curators and gallery owners to create a community of passionate and dedicated artists. Due to its overwhelming popularity, there are now two competing art shows held in Hong Kong and Miami Beach.

 

Art has always been a significant part of the culture in Switzerland. Since Art Basel was launched, the fine arts have been treasured throughout the country. As a result. Switzerland boasts world-famous art museums. Some of these museums include:

 

  • Bern’s Zentrum Paul Klee Museum
  • Zurich’s Kunsthaus
  • Lucerne’s Rosengart Collection

 

Currently, under construction, Plateforme 10, set to be the largest museum in Switzerland, will be the next-door neighbor of the Lausanne train station. As the center of the city, it will be a prime spot for tourists to visit.

 

Once it is open for business, the Plateforme 10 is poised to set the city’s definition of an art district. It will hold a total of three museums on its property. These three museums are currently spaced out around the city. The Plateforme 10 will be the new home of:

 

  • Musee Cantonal des Beaux-Arts
  • Musee de l’Elysee
  • Museum of Contemporary Design And Applied Arts

 

In total, the three museums will come together to cover a campus stretching 237,000 feet. As a result, all three museums will have more space in which to display their exhibits.

 

To many, Lausanne is the perfect place for this new museum to open. The city is known as the world’s most free-spirited. As the Canton of Vaud capital, Lausanne borders the French Alps and Switzerland’s famous Lake Geneva. The city exudes the vibes of a young generation. As an artistic hub, it embraces a generation that thrives on their creative spirit.

 

Any art lover owes it to him or herself to plan a trip to Switzerland The Platform 10 District is not to be missed. It is an experience that visitors will never forget.

Spotlight: Switzerland’s New Platform 10 Art District

Personal Finance Habits that Everyone Should be Following

Millions of Americans are deep in credit card and student loan debt. There is a big fear of an upcoming retirement crisis because people have so little saved for their golden years. Much of the problem in American personal finance stems from the lack of good financial habits. Here are three great habits that everyone should follow.

 

 

Set up a Budget

 

A budget simply allows a person or family to track income and expenses. Many expenses are fixed each month. For example, a car payment or a rent or mortgage payment will generally stay pretty stable from month to month. Other expenses are variable. Utility bills fluctuate by the season. Food costs can vary widely from one month to the next. At the beginning of each month, it’s a good idea to set aside some time to look at the expected income for the month and then see what’s available for discretionary bills like food and entertainment. One month might require leaner food choices while another might allow for a few steaks. A budget will help a family decide which direction to go.

 

 

Create a Plan for Savings

 

Those who pay themselves after everyone else will have little to save. It’s a good idea to pay yourself first. This requires a savings plan. It’s possible to save even before the IRS takes its share. To achieve this goal, it’s necessary to save in a tax-advantaged plan like a 401(k) or an IRA. The traditional options actually cut taxable income and allows a saver to save every penny of those dollars up to the IRS limit. Starting at a small percentage and then building it over time can allow a family to ease into savings and make changes less painful.

 

 

Pay Down Debt Aggressively

 

Many people are comfortable with debt. However, every dollar that goes toward paying off debts and the interest on them is a dollar that cannot be saved or used for something else that’s more beneficial. Paying the minimum on a credit card could leave a person in debt for 10 or 20 years even on a very small balance. That’s why it’s important to pay more than the minimum each month.

 

 

These are just three financial habits. However, few are more important when it comes to building wealth and achieving financial freedom. Getting started as soon as possible is the key to long-term success in personal finance.

 

This post was originally published on Etienne Kiss-Borlase’s Finance Blog. For more info about Etienne, please visit his homepage.

Personal Finance Habits that Everyone Should be Following

Differences Between Amateur Artists and Professional Artists

There are several differences between amateurs and professionals, but the main differences are how long an artist spends on their art and how they look at the process of it. Practicing and continuously working on their art will help them improve and perfect it. If someone desires to achieve something bad enough, they should begin dedicating themselves to it.

 

Professional artists create patterns and routines that work for them, and they do not give up until it is accomplished. A professional artist will create a scheduled time frame to have their work completed. They are committed to improving and flourishing even if their work failed or was rejected. It is a learning experience for them.

 

Amateurs have a hard time becoming inspired and do not begin working until they feel inspired. They focus on their goals instead of trying to accomplish something within a given time frame. An amateur may also give up if they feel they did not accomplish their goals. In addition, they are more likely to care what others think and may come to a standstill after failing. Improving their work is less of a worry than completing the work is.

 

An example of a professional artist is when someone creates a steady schedule, habits, and has decided to become a professional. A professional drawing artist may choose Monday, Wednesday, and Friday from 9:30 am to 4:30 pm to focus only on their drawings. They may have a small studio space to go to get away from any distractions, but that is their space to devote themselves only to their drawings. It is like working a job; the time that they are away drawing in their own space should be treated like going to their job. Eventually, a professional artist’s time, habits, and dedication will reflect in their work and others will begin to notice.

 

If an artist wishes to become a professional in their work, they should stick to a strict schedule. If an individual knows they are an amateur but aspire to become a professional, they should start believing and seeing themselves as a professional. The mindset is powerful when it comes to becoming a professional. However, actions must match thinking. It should no longer be only about getting the work done; it should be about true dedication, commitment, and setting aside time to concentrate only on their skill. Artists should push themselves to become a professional when it comes to mastering their talent, and if it is something they wish to have as a career, they should not settle for being an amateur.

This post was originally published on Etienne Kiss-Borlase’s Art-In-Trust website. For more info about Etienne, please visit his homepage.

Differences Between Amateur Artists and Professional Artists

The Most Famous Portrait Paintings

Some of the world’s most famous artists are more commonly known for their detailed portraits of human subjects. Portrait paintings provide the artist with the opportunity to depict a story within the subject’s expressions. Although the meaning behind the portrait may not always be apparent, what makes most of them famous is the open interpretation of the emotions and inner thoughts of the subject. Here are some of history’s most recognizable faces

 

Mona Lisa by Leonardo da Vinci

Not surprisingly, the Louvre’s invaluable portrait would make this list. Leonardo da Vinci’s portrait of a merchant’s wife, Lisa Gherardini, is perceived as the most famous piece of art in history. Originally commissioned by the merchant as a gift for his consort, da Vinci ended up keeping the Mona Lisa for the remainder of his life. When is passed away in 1519, the painting then fell into place in various French Palaces, including that of Napoleon Bonaparte, until finding it’s permanent resting place in the Louvre.  

 

Girl with a Pearl Earring by Johannes Vermeer

Dutch artist Johannes Vermeer was one of the most well-known artists of his time. The painting is often referred to as the “Dutch Mona Lisa” appearing a little more than 100 years after Leonardo da Vinci’s masterpiece. One of the most enticing aspects of the painting is that very little is known about the model that is depicted. Viewers are fascinated with the mystery and like to speculate a story behind Vermeer’s subject. Modern-day entertainment has since written novels and movies about the peculiar girl.    

 

Le Rêve (The Dream) by Pablo Picasso

Known for his modern cubism style of painting, Pablo Picasso has a unique style that has made him one of the most famous painters in history. Le Rêve is a portrait of his 22-year old mistress at the time, Marie-Thérèse Walter. Picasso often painted her using bright colors, evoking pleasant emotions in the interpretation of their relationship. Picasso was not one to shy away from expressing emotions in his work that others would not be inclined to. 

 

American Gothic by Grant Wood 

Since it was painted in 1930, the relationship of the subjects of Wood’s most famous work has been discussed by art lovers across the world. In fact, the man who modeled for the painting is Wood’s dentist, and the woman is his sister. The two had an unusual connection for portrait subjects in that they were strangers to one another. Grant Wood was intentional about choosing subjects that he could imagine living in the Dribble House in Iowa, which served as his inspiration for the painting. 

This post was originally published on Etienne Kiss-Borlase’s Art-In-Trust website. For more info about Etienne, please visit his homepage.

The Most Famous Portrait Paintings