Money, money, money!
Many of our minds have been imprisoned by the fallacy that financial portfolios only come in the form of stock markets and unit trusts, however it is important to realise that your hobby could be one of the greatest opportunities to knock at your door.
As a young, driven, passionate individual you may be interested in building a financial portfolio, but are discouraged by the notion that we lack the funds to do so… Not true!
First of all, one needs to realise that constructing a portfolio isn’t based on getting rich but on having long-term wealth as well as clarity around what it is you want to achieve and how you want to achieve it.
Many of our minds have been imprisoned by the fallacy that financial portfolios only come in the form of stock markets and unit trusts. However, it is important to realise that your hobby could be one of the greatest opportunities to knock at your door. You now need to find the perfect alternative investment option to close the apparent gulf between what you’d like to earn and what you have.
Comics, for example, have been very popular collectibles even before the time you were probably born, and now some of the early issues are now fetching high prices and are of great value. The problem is, we don’t realise that every piece and strip of a comic is a work of art, crafted and meditated upon by someone with a curious gift. Most comic strips are unique, which is why we pay to read them (most of the time.) The most expensive of these comics is the first issue of Action Comics, where our friendly Superman made his first appearance. Today, a copy of this issue would be valued at £1m (approx. R14,339,494.93) that’s a lot of money!
Some action hero appearances which would make a world of a difference in your bank account include the early issues featuring Batman, Spiderman and the Fantastic Four, all with the value of £10,000 (approx. R143 994, 95). Which begs the question, “How much would the first issue of the ever so ‘interesting’ Prince Valiant, currently being printed every week on every newspaper, be today?”
Other popular collectibles include coins. However, one needs to realise that not all coins are worth more than their face value. What is taken into account in terms of coin collection are three important factors:
- Rareness of the coin when it was issued. By this we are referring to the fact that there needs to be a very limited amount of duplicates circulating around the market.
- The date of its issue. The further back the issue dates, the better. Try find a coin from the year you were born!
- The condition of the coin.
Unfortunately this means that finding a 2 cent piece under your bed wont make you an instant millionaire, but would probably fetch you R2 (at most) depending on the buyer.
The great news is that rare coins are being produced as we speak of which the Krugerrand, Protea Set, R1 gold coin, R2 gold coin and many more are are some of the valuables. The price range for the purchase of these coins varies but they make for a great long-term investment opportunity. {For more information visit www.samint.co.za }
The level of investment opportunities extends far beyond what has been listed in this article or what the commercials show. What’s important is to visualise the beauty in your everyday objects, and take the risk of investing in it. All it takes is patience and the faith that it is of worth. If an executive, sitting in his top floor office, can sell you Marmite, and make you believe that it tastes great, then anything is possible.
