3 timeless works of art that can teach you about financial planning

It’s often said that a picture paints a thousand words, and the meaning of a truly great work of art can never be reduced to a single interpretation. The most enduring pieces can reveal something new about the world every time we view them.

Many of the greatest works can be seen through multiple lenses, including the political, the religious, the philosophical, and even the financial.

So, with World Art Day approaching on 15 April, read on to discover three classic works of art and explore the lessons they can teach about financial planning.

1. ‘The Persistence of Memory’ and the importance of respecting time

    The surrealist painting ‘The Persistence of Memory’ is one of Salvador Dali’s best-known works. It features the iconic image of melting clocks, which is so well-known that the work is often simply referred to by that nickname.

    The decaying, human-like form in the foreground is a reminder of mortality, while the clocks suggest that even the tools for measuring time are ultimately subject to it.

    Time, the painting seems to say, is to be respected. For investors, that message is particularly relevant, as time remains one of the most powerful forces in building wealth.

    In the short term, markets can fluctuate, and whether rising or falling, reacting to those movements often leads to poor decisions.

    However, when time does its work, a different picture begins to emerge. Long-term investing typically smooths out volatility, allows compounding to take effect, and rewards patience with steady growth.

    While a short-term, fleeting glimpse of markets may suggest something else, zooming out and looking at time’s effects shows it as the powerful force it is.

    So, as with Dali’s painting, understanding the importance of respecting time is a valuable lesson for every investor to learn.

    2. ‘The Garden of Earthly Delights’ and the wonder of diversification

    ‘The Garden of Earthly Delights’ by Hieronymus Bosch is a masterpiece of both form and content.

    The work consists of five panels, three interior and two exterior. When open, the three interior panels depict paradise, hell, and a strange land in between that has been subject to much interpretation and study over the centuries.

    When the panels are closed, the two exterior panels show the world during creation, with plants, animals, and water, but no humans.

    In its totality, ‘The Garden of Earthly Delights’ is a depiction of the creation of everything, and its formal presentation comes together to show how the many parts each play a role.

    The emphasis on balance and multiple components coming together to create a magnificent whole is reminiscent of portfolio diversification.

    Portfolio diversification is the process of spreading your holdings across different assets, sectors, and regions. Over time, some investments will perform well and be in a veritable paradise, while others may struggle and be in the market equivalent of hell. By having balance, the gains in one area can offset losses in others, and diversification can lead to more stable and consistent long-term results.

    Just as no single panel defines Bosch’s work, no single investment should define a portfolio. Bosch’s painting is a reminder that diversity is a strength and that the combination of many components often makes the whole greater than the sum of its parts.

    3. ‘Las Meninas’ and the value of multiple perspectives

    Diego Velazquez’s 1656 painting ‘Las Meninas’ is widely recognised as one of the most important works in the history of Western art.

    The painting depicts multiple figures from the royal court standing around a canvas. Some of the figures are talking among themselves, others are looking directly at the viewer, and some are staring at the canvas, including Velazquez himself.

    The painting is deepened further by the presence of a mirror, in which we see the King and Queen, and a courtier standing at the open door, which serves as the vanishing point.

    There is no single place where the viewer should look. Rather, like the subjects, there are multiple perspectives, each of which brings out new meaning from the painting.

    In investing, as in art, multiple perspectives can elevate your understanding. For instance, speaking to your family and loved ones about key estate planning decisions can help you to understand their goals and how your legacy can support them. Or you may want their opinion on matters relating to your business or retirement planning.

    And of course, when it comes to technical expertise, the insight of a financial planner can be invaluable. They can offer a calm voice in times of difficulty and an experienced perspective when you need to make a significant choice.

    To speak to a financial planner about art, life, or your finances, get in touch.

    Email us at hello@vwmwealth.com or call us on 0141 229 4004.

    Please note

    This article is for general information only and does not constitute advice. The information is aimed at individuals only.

    All information is correct at the time of writing and is subject to change in the future.

    The value of your investments (and any income from them) can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.

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