Why investing in Lego is a BAD idea.

In this video I share the 7 reasons why I think investing in Lego is a bad idea (especially in recent years). But at the end of the video I also share several Lego investing tips that I've learnt via my journey with Lego investing. The purpose of the video is to share my ideas and experience with you to help you to decide if Lego investing is right for you or not.

Video breakdown:
00:00 Introduction
02:01 How investing in Lego is possible
03:59 7 reasons why investing in Lego is a bad idea
13:21 Lego investing tips & outro

Links to the CraftedBricks Instagram, Facebook and Flickr pages:

#Lego #Investing #LegoInvesting #Money #BadIdea #InvestmentTips

[TheOne-pvrz]

Tip #7: Don't invest in Lego sets that just got released as they need to sit on the shelf way too long. Invest in retiring sets instead which are usually announced in Q4.

[petsol]

Now that I entirely saw the video this is the best and most realistic overview of lego investing I have ever saw.

[stirrednotshaken]

I try to invest in sets I think might do well, but if they flop I’ll be more than happy to add the model or parts into my collection.

[PowerHitter]

As someone who invests in Lego starwars I dont typically have any issues selling sets, the fanbase is so large and diverse that almost any set someone wants. Obviously there’s some factors that play into that heavily like; exclusive figures, current media, and over all build quality that play in how popular a given set is after it retires. But in my opinion still a worth while investment.

[chiefgilray]

I buy sets that go into my loft and I'll be making them with my daughter when she is old enough, that's my investment, the joy

[kenhendsbee]

Watched this the night before I was about to drop multiple thousands on retired sets through Marketplace. You slapped me back to attention. I'll keep collecting for sure, but you're right it's not all roses out there. Thank you!

[jonathansiskind]

I ran a Bricklink store for a year after collecting/storing for about 5 years. Thousands of dollars in revenue but just a few hundred in profit. Can definitely confirm everything he says in this video.

[pocok]

Usually I buy used ones, disassemble and reassemble them for fun, for possibly reselling them later for the same price I bought them. This makes it a free hobby. If I repackage them in plastic bags, they might even sell at a higher price.

[Clahador]

Some points I'd want to add:

--- Seasonal sets, especially the Winter Village series, have generally increased in price over the years. Not alot of people would buy it at release, but there's always this market of new people trying to get the older sets in order to complete their village-- and unlike the Modular series, there's a smaller market pool availability on it.

--- Short-lived themes tend to appreciate in value over time, especially if they get discontinued prematurely. Good examples would be the Mystery Castle from Hidden Side and the Vidiyo Bandmates Series 2. Whilst the former has the added benefit of being a "seasonal set" (since there's a Halloween LEGO community that tends to buy it as well as the Monster Fighters Haunted House and Mystery Mansion from Scooby Doo), the latter was directly affected by scarcity, even after you saw those same figs being sold as discounted stocking stuffers during Christmas as stores were trying to sell them to cover losses. I also believe that Overwatch will increase in value over time as well due to the minifig design and amount of unique elements specific to that theme.

--- SDCC items... those have an immediate uptick on market value due to exclusivity and are most guaranteed to not be re-released in normal set production, particularly the packs with a single minifig.

[petsol]

Wow, your way of speaking is so kind and reassuring, you emit positive energy!

[slicelifetv]

I’m a big believer in buy and hold. I look for good deals on eBay and then just hold them for a very long time. I guess I’m trying to build a collection that would’ve enthralled me as a child. I want my brothers children to step in to my “museum” and just be amazed with it all. I don’t even know if I will ever sell the sets. Im seeking out acrylic boxes to keep all of my sealed sets in to keep them locked in to their condition.

[johnferraz]

Since the release the Technic Racers series in 1999, l have been collecting and building Lego. The real value of the Lego experience is actually in the modifications and improvements that one can explore within that car design series. ('Brickself: Lego Transpod')
I did at one time tried to justified my purchases by an investing mindset.
Most of those sets proved to be a great stock for the exploration of really cool design options...(the transverse engine.)
More resently l have noticed more than a growing interest in the investing of sealed sets...never to be played with or shared .
More than 20 years forward now...we all have gone through different times...and experiences... hopefully the actually playing, building, modifing...and sharing will remain our main purpose for our interest in Lego.

[anakinskywalker]

I'm not collecting them to sell, I'm collecting them because they're simple and beautiful and because they make me happy

[tomyoldiron]

my Lego Mania era took place in the mid 2010s. was easy to find People who hadnt got a sense of what they were selling, or were generous and understood theyre just basically selling a bunch of printed plastic... Good Times. Glad i collected most of the minifigures i wanted before everything got deemed rare and expensive.

[DavidWelker]

I’ve been investing for about the same amount of time (since 2015). I’ve had some big hits and some real losers. Some sets take a while to see a decent return and some jump 50% immediately on retirement. It’s more of a hobby than a true investment to me, as there is no way to make a real large investment with the amount of space it takes. But, after 7 years, I’ve gotten better at picking sets and knowing what will do well. My worst investment was the original UCS Batman Tumbler. Ended up selling it 6 years later for the same amount I bought it for.

[Neuron]

The Christmas themed sets are almost always a great idea. A new one comes out each year, almost always a $99 set. The original Christmas train goes for $500 now, even though there was a re-release in 2016, that is much more modern looking. The 2016 goes for $250-300. I’m living in Mexico for 1 year, where the elf club house is on clearance for $80, meanwhile in the US it is completely sold out, and is going for $150-200 on eBay. It’s very tempting to buy 10 of them, store them for a year, and sell them in a year when I’m back in the states. Of course I’m keeping one (maybe 2?) for myself :)

[El_Moxo]

This is one of the best lego videos period. Subscribed

[ovidiu]

One of the best categories for the investments in Lego are the limited edition trains, like Emerald Night, Maersk Train or Santa Fe series. It's a huge Lego train fan base and most of them are willing to pay a premium price for them.

[moonshoes]

I agree. It’s a bad idea. There is always risk of the bottom falling out from under investors.
So many people trying to invest will end up unloading their inventory for cheap.
Never pay retail either.

I purchased a brand new sealed UCS AT-AT for $600, when it retails for $850.
Purchased a UCS Landspeeder new sealed for $120, when it retails for $240.
Sure, these aren’t everyday deals…but they’re out there. And the hunt makes it fun.

[couchpotatoe]

This is true for investing in collectibles in general. I always have to laugh when people dismiss the idea of a core-satellite portfolio because "picking individual stocks is gambling", but then proceed to tell me how they've invested into trading cards, watches or any other sort of super-hard-to-resell article. No thank you, I'd rather buy more Microsoft and Danaher stocks.