Building a solid financial portfolio takes time and effort. You have to be willing to invest in your future, and not spend every dime you make. If saving money and/or investing in stocks sounds boring to you, consider adding some non-conventional investments to your financial portfolio. This way, you build up your assets and entertain yourself at the same time.
Coin collecting isn't for everyone, but if you enjoy learning about history and find treasure hunting appealing, it's a hobby worth considering. There are all kinds of coins that have existed in the past that you might not even realize are available. For example, the Morgan dollar was a dollar coin that was minted between 1878 and 1904 and again in 1921. Today, a Morgan dollar is worth a lot more than $1.
One thing you need to keep in mind when coin collecting, is the condition of the coin itself. It's not hard to find a range of value for rare coins and money online. However, in order to determine an exact value, you need to look at the condition of the coin. Ideally, you should consider having any rare coins you collect appraised by a professional coin grading service (PCGS). If you find the right coins in good condition, they could drastically increase the overall value of your financial portfolio. For more information, talk to professionals like Joel D Rettew Rare Coins.
Like commemorative coins, stamps become valuable once they are out of circulation. Of course, you also need to take the condition of the stamp and the amount of any one specific stamp in existence into consideration when determining the value. Used stamps can also be valuable, and often are more rewarding to collect than stamps in mint condition. If you're collecting used stamps, you may be able to determine the history behind the item that was originally mailed. You might even find old, historic letters.
Gold and Silver
You can also consider purchasing gold and silver in addition to stock and bonds to increase the value of your financial portfolio. Like with stocks, you want to purchase gold and silver when the cost is low and sell when the value is high. Keep in mind, gold and silver are long-term investments. It's not something that's going to yield you a lot of ash right away. Also, most financial advisors believe that gold and silver investments should only be a small portion of your overall financial portfolio.
The fact is, investing and saving money is important, but it's not a subject that's interesting to everyone. The key is to find an asset type that interests you, and use that to fuel a portion of your financial portfolio to make staying on top of things more entertaining.