[HN Gopher] Lego Sets Are Better Investments Than Stocks, Bonds ...
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       Lego Sets Are Better Investments Than Stocks, Bonds or Even Gold
        
       Author : fortran77
       Score  : 16 points
       Date   : 2021-12-30 13:20 UTC (9 hours ago)
        
 (HTM) web link (www.architecturaldigest.com)
 (TXT) w3m dump (www.architecturaldigest.com)
        
       | meesterdude wrote:
       | I have no doubt of the data - but even if its gains outpaced the
       | market returns of stocks - they have better liquidity, are lower
       | risk, and can payout dividends.
       | 
       | The thing about lego sets as an investment opportunity is it's
       | beanie-babies all over again. It's easy to end up with cheap junk
       | that nobody wants.
       | 
       | Higher returns does not mean it's a "better investment".
        
       | droopyEyelids wrote:
       | This article could have been good if it was serious, but it's
       | presupposing you can figure out which sets will be discontinued
       | and therefore appreciate more than an average lego set. Apply
       | that logic to any other investment.
       | 
       | Anyway I would have liked to see them space and cost for storage
       | of the sets, and time spent to acquire enough for investment
       | purposes, and see what someone could really do if they were going
       | to be an 'investor in legos'
        
         | jmnicolas wrote:
         | Like everything else in life, it's up to you to do your due
         | diligence.
        
         | genocidicbunny wrote:
         | Besides the common basic sets like the box-of-pieces sets,
         | every Lego set will be discontinued. I would also argue that
         | most AFOLs will be able to reasonably judge which sets will be
         | good investments and which ones will not be. It also used to be
         | reasonably easy to tell if a set was going to be very popular
         | based on how it did in the 'VIP presale' (where you can only
         | buy the set if you're signed up for Lego's loyalty program)
         | 
         | But you're right about the storage. The sets that appreciate
         | well tend to be the larger ones which necessarily means larger
         | boxes and more storage requirements. And we're still only
         | talking at most several hundred USD per box for the majority of
         | sets, so 'density' of investment is pretty low.
        
       | sealeck wrote:
       | Clearly the solution to knowing which LEGO sets to buy is to set
       | up the equivalent of a real estate investment trust but for LEGO.
        
       | kgen wrote:
       | As if Lego sets weren't already expensive enough...
        
       | m0llusk wrote:
       | The LEGO market has extremely low liquidity. I've been trying to
       | get rid of my substantial collection and finding trouble getting
       | offers for even the most desirable sets. There are also lots of
       | scammers and weirdos that make everything more difficult than it
       | should be.
        
         | genocidicbunny wrote:
         | Have you looked if the prices you're asking are in line with
         | what someone could expect to pay on Bricklink?
         | 
         | In fact, if you don't have a Bricklink store, it might be a
         | good idea to make one. You might have more luck finding
         | legitimate buyers there than if you're trying to use something
         | like ebay/craigslist/FB.
        
       | AtlasBarfed wrote:
       | Great, all we need is venture capital buying a billion dollars of
       | lego...
       | 
       | Wait, then the market would tank and they'd dump it on the market
       | in about 5 years, and legos would be dirt cheap for my kiddo in
       | his prime lego years.
       | 
       | YES PLEASE DO THIS.
        
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       (page generated 2021-12-30 23:02 UTC)