Why YOU Should STOP Lego Investing...

  Рет қаралды 8,400

Bens Bricks

Bens Bricks

Күн бұрын

Пікірлер: 44
@larsholm79
@larsholm79 Жыл бұрын
I bye lego every week and used around 3000€ this year, I dont buy it for Investing, but because I love the collecting of lego and the build.
@bensbricks27
@bensbricks27 Жыл бұрын
Nice! That’s a great budget for Lego collecting. Keeping it as a hobby, smart!
@darkhorse6770
@darkhorse6770 Жыл бұрын
I'd rather hold for a couple yrs...they continue to appreciate and its way easier than constantly sourcing and turning over stock...plus, i am busy with a full time job too
@bensbricks27
@bensbricks27 Жыл бұрын
Fair play! Whatever works for you, hope you make 💰💰💰
@jeffc4862
@jeffc4862 Жыл бұрын
I would love see see Lego investing completely tank so that the prices of older models can return to being within reach of the average Lego loving consumers (kinda like before 2015 when collecting was fun, and finding a model you wanted on ebay wasn't absurdly priced).
@bensbricks27
@bensbricks27 Жыл бұрын
Fair point but I also think there’s an argument for the opposite, the more investors there are then higher supply and usually that means people get into price wars which lowers prices overall. But I also see your point!
@dimitrispinas9074
@dimitrispinas9074 Жыл бұрын
who cares about this when you're holding for 5 years? nothing of this matters. most stock of good sets will be dry. a good set is a good set.
@mattevans2953
@mattevans2953 Жыл бұрын
Next year the re sell market will be flooded with sets that all the new flippers/sellers are trying to get a fast return, a lot of fingers are going to get burned. I don’t mind as I hold all sets for atleast 2-3 years before I move them on as I don’t need the money back too quickly. Next year will be a good time to buy as the new sellers will start to slow down on reinvesting as it’s not as easy as they think.
@benlam419
@benlam419 Жыл бұрын
My best buy to date and what got me more in depth into the hobby was a $20 Facebook market bulk buy that had over 180 Minifigs from Star Wars, Super Heroes, Ninjago, Nexo Knights, Minecraft, and other randoms. Made over $900 from just the minifigs and still have a lot of sets I'm trying to sell.
@StudSaver
@StudSaver Жыл бұрын
one of the best pieces of advice i've heard from other collector/investor types is just buy what you're actually interested in. just because it says a licensed name doesnt mean anything. would you have wanted that set as a kid? do you really see this having value after it retires, or will it be taking up a ton of space for years before you can make a "profit" (read: lose all profit to inflation). the move is to buy a set just before it retires, so the maximum depreciation from inflation during its shelf life can take effect. 20% off in the first year isnt the same as 20% off right when it retires. lego went crazy with inflation markups fearing massive shelf-life devaluation, more than the normal single digit(? if i recall correctly) amount they build into a price.
@lotsofbricks917
@lotsofbricks917 Жыл бұрын
Personally I find reselling much more fun and less risky😊 but it is time comsuming so it is propably only gonna work for people who likes the sorting and detective work that goes with it.
@bensbricks27
@bensbricks27 Жыл бұрын
Yeah agreed! Reselling is a lot of fun, especially when going round lots of shops trying to find clearance deals!
@harrisonpennington5784
@harrisonpennington5784 Жыл бұрын
This guy just made a whole video so he could advertise for his product lol
@MrGarnetski
@MrGarnetski Жыл бұрын
Well i aint buying sets in bulk i buy 1-2 i like.i hold for 5-6 years and just make those x3 x4 thats it not gonna live out of it but what i do is buy unsorted lego pieces then i sort it by color and sell i buy 8€/kg sell 10-12€/kg. Ez
@boycotts
@boycotts Жыл бұрын
I wait 10-15 years before sale.
@bensbricks27
@bensbricks27 Жыл бұрын
That’s impressive 👏
@josh99620
@josh99620 Жыл бұрын
Great counter argument towards Lego Investments!
@kylaxi
@kylaxi Жыл бұрын
A year you mention.. its not being lazyZ i have a full time job and i invest in the stock market. Only 10% of the value of my stocks is in lego. But its about risk management. Spreading the risk is important. And my lego is in my own storage. I will wait 10+ years with selling.
@shiftyshaper1017
@shiftyshaper1017 Жыл бұрын
Fantastic video, probably the most comprehensive Lego KZbinr I watch. I’m a student and have so far put £100 a month into Lego with the intention of holding throughout my degree so I can have some good startup capital when I finish to start my own business. Being experienced on reselling, I am considering trying some flips as well, especially towards Christmas. As you say, it’s about being reactive and not passive if you want to see real gains in this market.
@bensbricks27
@bensbricks27 Жыл бұрын
Thanks for the kind words 🙏 sounds like a smart plan! Hope you do well and get some good start up 💰 for when you’re done, goodluck!
@BulldogBrit
@BulldogBrit Жыл бұрын
Good advice! I'm glad there are people like you giving advice like this!
@bensbricks27
@bensbricks27 Жыл бұрын
Thanks! Happy to help 🙏
@BulldogBrit
@BulldogBrit Жыл бұрын
@@bensbricks27 You're more than welcome. I just started my Lego investing journey. Kind of learning as I go along. I made a debut video about it too! 🤦 Any advice would be appreciated!
@euromotif
@euromotif Жыл бұрын
It's a dark time boys. Lego investing as we once knew it, will never be the same.
@bensbricks27
@bensbricks27 Жыл бұрын
I agree to a certain extent but there’s always money to be made
@euromotif
@euromotif Жыл бұрын
@@bensbricks27 true, you can always convert your time into money
@sionbarzad5371
@sionbarzad5371 Жыл бұрын
@@euromotif you always convert your time in money anyway
@jonodunn2592
@jonodunn2592 Жыл бұрын
Ashoka keeps running out of stock cos the world and their mother have bought it 😂 and the steamboat Willie will go up some more I think
@bensbricks27
@bensbricks27 Жыл бұрын
I agree that a lot of people have got Ashoka but it literally still sells on Amazon for £19.99 consistently even when available at Lego! Be intrigued to see about steamboat Willie, don’t think it’ll go up much because then you may as well just get the older one that’s bigger
@jonodunn2592
@jonodunn2592 Жыл бұрын
@@bensbricks27 I’ve been doing this since 2012 I used to make a killing but now it’s getting harder because of people like you (no offence 😂) there’s so many KZbinrs now telling people to invest in Lego that it’s getting pointless it’s like finding a gold mine then telling everybody where it is I fear the bubble will burst soon
@tonyricca8116
@tonyricca8116 Жыл бұрын
Good video valid points but the title doesn’t match your content
@bensbricks27
@bensbricks27 Жыл бұрын
Thanks for the feedback 🙏 struggled with the title a bit, I’ll see if I can think of something else 😃
@WoRtWoRtWoRt178
@WoRtWoRtWoRt178 Жыл бұрын
@skinnyj123
@skinnyj123 Жыл бұрын
Just dont invest in a childs toy you're ruining it for everyone who doesn't invest and it takes the joy out of it for adults and teens who want to get back into the hobby
@bensbricks27
@bensbricks27 Жыл бұрын
If there were no investors then these hobbyists wouldn’t really be able to buy retired sets so in fact investors help hobbyists. It’s a win win!
@skinnyj123
@skinnyj123 Жыл бұрын
@@bensbricks27 that isn't true at all. People who sell sets pre owned in a genuine way would always be there and they'd be selling the sets just to give them a new home, not for a profit. L investor.
@bensbricks27
@bensbricks27 Жыл бұрын
@@skinnyj123​​⁠so an ‘L investor’ is someone who makes money? 😂 maybe look up what investor means… if you don’t like investors, why watch a video on it 🤦🏻‍♂️
@skinnyj123
@skinnyj123 Жыл бұрын
@@bensbricks27 I didn't watch the video I just commented to tell you you're sucking the joy out of a toy and ruining it for future generations who might like the sets we had as kids ♥️
@bensbricks27
@bensbricks27 Жыл бұрын
@@skinnyj123oh sorry so you’re just a hater! Thanks, I feel famous now 😂
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