/biz/ should I put my extra 1500$ a month into buying Lego ?

[Anonymous No.12273681]

Hear me out

Lego has only increased in price due to high demand for the product

Lego has a massive resale market where individual peices are valued differently due to their availability, if their new or used etc

I already have a massive stockpile of parts due to it being my second job anyway, but should I start investing in the parts the same way you would buy gold or other commodities?

[Anonymous No.12273692]

>>12273681
No.

/thread

[Anonymous No.12273707]

>>12273681
>investing in plastic
you're literally just indirectly investing in oil, but with the added risk of relying on the centralised company, Lego to not inflate the market with pieces

[Anonymous No.12273709]

>>12273692
but why not? No joke why is it not worth it?

[Anonymous No.12273714]

>>12273707
i thought about that, I guess it would be more like the rest of the collectors market, as specific parts or sets are worth a fortune due to being only made in small quantities or having special parts which wont ever be made again.

[Anonymous No.12273726]

>>12273681
Into bitcoin you dumbass

[Anonymous No.12273742]

>>12273681
You probably know the market better than most/everyone here. I doubt lego will outperform traditional investments long term (because of its low beta and it being a collectible). For your average person it would probably better to put the money into traditional investments, but I could see Lego being a solid investment if you're really good at picking the sets/parts that will appreciate in value.

The same could be said about any collectible. For most people collecting wines, magic cards, fine art, jewelry, antiquities, lego sets etc. aren't a good idea - even if they're somewhat well-versed in it. But there will always be a select few who can pick out the winners, can get better deals from suppliers, time the markets etc.

[Anonymous No.12273743]

ever tried selling lego's 2nd hand? craiglist is crawling with giveaways

[Anonymous No.12273759]

>>12273709
Jesus anon because you have literally no control over it as an asset. It has a tiny market for reselling and you are entirely at the whim of LEGO.

Just go put that money into fiat savings, some gold, and some index ETFs.

[Anonymous No.12273763]

>>12273743
your looking on the wrong site mate, bricklink and other similar sites are where you offload lego.

[Anonymous No.12273765]

When will the price of 3D printing homemade legos be cheaper than buying them?

[Anonymous No.12273772]

>>12273743
I assume he's talking about buying rare parts/sets, not just random pieces. Look at some of the old sets on ebay. They sell for a lot of money. OP don't forget that past returns =/= expected returns. A lot of toy collectibles have had massive gains in value over the past 10 years.

[Anonymous No.12273775]

>>12273759
now see this is what I was looking for, a better reason not to do it.

I already have a bunch of gold and silver stockpiled and about 25k in an account similar to 401k. I was just thinking about other alternatives not involving crypto.

[Anonymous No.12273792]

>>12273772
I really wasnt even looking for big returns, however i know a few specific parts or sets on bricklink have gone through the roof in recent years. I have quite a few of these rare parts (i am not talking 1 or 2 think 20 or 30).

[Anonymous No.12273825]

>>12273792
How difficult is to predict the sets that will appreciate in value? Do the new stars sets do as well as the old star wars set? I don't know how much money you're looking to invest, but I'd imagine buying expensive sealed sets would the way to go because you want to minimize the transaction costs (as a percentage of the price) as much as possible. If you're selling individual parts for a couple of bucks the shipping cost will make up a large % of the price.

[Anonymous No.12273852]

>>12273825
its basically the same as the rest of the collectables market.

Sets in original box, unopened and unused are the most highly sought after. Those go for a premium but are not what I am really going after.

The other side is rarity. Some sets were only made in batches of 1000 or even 10 in some cases. Some individual mini figs are worth hundreds of dollars on their own. Some idiot at Seattle Brick fair bought a "Mr Gold" Figure, one of the rarest produced for $7000. Some parts are the same, they only ever appeared in a few sets and were rare to begin with but will likely never be made again.

[Anonymous No.12273864]

>>12273825
If I were to get into the selling aspect, I would do what a lot of other people do. Set up a Bricklink store, set my parts prices at a competitive rate to other stores in my region and set my minimum purchase to 20$. Shipping parts is ridiculously cheap if your only doing it within your own country.

[Anonymous No.12273890]

No. You're too many levels down. Who runs the world? Banks.

Money is what lubricates all capitalism, whereas lego is simply a product of it.

Buy Monero

https://youtu.be/FeNYjYA2lVg

[Anonymous No.12273926]

>>12273765
Never. Lego blocks have some of the tightest tolerances (i.e. high precision) of any injection molded consumer products. 3D printing is a hobby, unless you want to spend $40k+ on a professional machine, and even then you will have sub-standard Lego blocks that cost more to produce.

[Anonymous No.12273966]

>>12273926
the reason they have such tight tolerances is because lego spends 1.5 million on each part mold. When each mold is warn out, they are professionally destroyed to stop people or other companies counterfeiting that part.

[Anonymous No.12273976]

>>12273825
>Do the new stars sets do as well as the old star wars set?
as did magic cards, the first home consoles, toy figures and probably other things that were introduced in the 80s/early 90s.
Now is the time were you profit off of them if you already own them.
We're now in a time of over abundance where every consumer product is available to every western customer. There are only two outcomes: Either a crash which sets this luxury items value to nearly zero or you find the one thing that is produced now which will have a huge market in 30 years.
The moment a company makes 'collectors items' it only has a small timespan left.

[Anonymous No.12274097]

>>12273681
Low Liquidity
High Storage

it’s a neat idea at first but after 2 seconds of thought it’s actually an absolutely terrible idea anon

[Anonymous No.12274149]

>>12274097
and thats why I asked about it. It was probably going to be a stupid idea from the get go.

[Anonymous No.12274425]

>>12273681
I've been doing this for 2 years OP, just don't unbox them, look for deals, buy themed shit like star wars

https://www.google.com/amp/amp.timeinc.net/time/money/4162059/lego-investment-compare-gold-return

[Anonymous No.12274558]

>>12273681
Just bought 1k worth rate my portfolio biz
1/4

[Anonymous No.12274563]

>>12274558
2/4

[Anonymous No.12274576]

>>12274563
3/4

[Anonymous No.12274583]

>>12274576
4/4 can’t believe I just spent over a grand on fuxking LEGO’s

[Anonymous No.12274599]

>>12274583
>not buying Lepin

[Anonymous No.12274605]

>>12274558
>>12274563
>>12274576
>>12274583
so basically you buy "limited", low print/special editions (sealed?) and just wait for supply and demand to do its thing?
Or does it apply to single pieces, packs aswell?
where can I read more about the topic?
pic related

[Anonymous No.12274612]

>>12274599
Redpill me on lepin
>>12274605
I don’t know much I just picked a few that we’re interesting to me, I’ll be keeping these baby’s in their boxes and sealed for a few years and wait for appreciation in price m

[Anonymous No.12274616]

>>12274605
Rule of thumb: something marketed as "limited" nowadays is not actually that limited and you're a sucker for buying it solely for that reason. Old collectible shit is valuable because nobody knew it'll be sought after back in the day.

[Anonymous No.12274654]

>>12274616
yep you're completely right mate.
I've been reading on forums that they are rereleasing all the big 1k$+ big sets in the last couple of years and the market is tanking big time.
>classic biz buy high sell low even fucking legos KEK

[Anonymous No.12274659]

>>12274654
Tell me my 800$ millennial falcon is gonna be okay or did I just just myself?

[Anonymous No.12274693]

>>12274659
You can always build the falcon by yourself

[Anonymous No.12274719]

>>12274612
its way cheaper
quality is the same as lego

[Anonymous No.12274783]

>>12274612
It's a 1:1 Chink knock off of Lego that copies every set and also releases copies Legos showcase at before Leo even releases it

[Anonymous No.12274796]

>>12274659
All Star wars rare Lego sets that are worth hundreds can be bought on AliExpress for 60 dollars.

Not even the Lego creator can tell the difference between the two, look up the interview on YouTube

You justed yourself

[Anonymous No.12274828]

>>12274796
Thanks bro cancelling the order tomorrow, thank god I laid with credit card and it can be rolled back

[Anonymous No.12275109]

>i cant believe /biz/ is that retarded, the thread