First of all, buy only what you love. Don't spend a lot of time worrying about whether it is a good investment and will be worth a fortune in 20 years. Buy art you love and want to look at every day for a really long time.
Second, lithographs, limited edition prints, and art photography are a great way to own art that is somewhat higher-end than mass-produced posters but still affordable.
Third, mass-produced posters -- if you love them and they have meaning to you -- are perfectly respectable to own. I have on my own walls a mixture of original art, posters, and limited edition prints. Some of the posters are from places I have traveled to. In my kitchen I have a poster of various chocolate pastries I brought from Belgium, a poster of artist-painted moose statues from Toronto, and an original oil painting of a sheep bought from an artist on the Oregon coast, along with some other posters and photos, all nicely framed (except the sheep, which is painted on a board).
You can also take up photography, drawing, or painting as a hobby, and you might find that you create something you'd like to display. I have hanging in my dining room a close-up photo I took in Thailand of a gorgeous yellow flower. Every time I look at it, it reminds me of the happy day I took it.
I've also invested in small black frames for several dozen Playbill programs from the years I lived in New York and went to Broadway shows with some regularity.
If you prefer handmade art, whether it be painting, sculpture, mixed media, or whatever, check out the craft fairs and craft exhibitions in your area. In Portland where I live we have Saturday Market every weekend (Saturday andSunday) from March through Christmas, and the rule is that everything you sell in your booth must have been made by you or by a member of your immediate family. So there's a lot of great glass art, ceramics, pottery, fiber art, etc. and it is mostly quite affordable.
Bottom line: figure out what you love, and unless the only thing you love is original oil-on-canvas Impressionists, chances are you can find a way to fill your living space with art you will be happy to come home to every day.
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