I do NOT think LEGO Investing actually Sucks. These are just 7 downsides about LEGO investing. I made the tittle a bit extreme to get people to watch... and it worked if your reading this right now.
The fact I'm reading your comment doesn't prove your title worked. I merely clicked the link to see if your video title was clickbait or not. It was clickbait. I'm not watching the video nor am I subscribing to your channel.
Well I don’t feel bad for investors. You get what you deserve. Should be a hobby to be enjoyed not burned or bankrupt. Nothing is guaranteed including tomorrow. Greed has always been the downfall of man. If you die tomorrow what is it worth to you then?
Old Lego sets market is slowly turning into speculative Bubble. Its volatile nature makes me smile whenever Lego decides to release some previously very sought after figure in 15$ set.
You can't lose money on lego - if you know what you're doing - you'll always sell it at least for the price you bought it for. You need to choose sets that cannot be replicated - that are unique and will be unique in 10 years (for example, Blacksmith Medieval, 21333, 31120) - if you buy it 3-6 months before it goes out of sale - you can't lose money on this one. The ideal for me is not to buy sets just for the exclusive minifigures - but for the exclusivity of the set as such. If you have a combination of an exclusive set + exclusive minifigures, it's a clear winner - for example, the Daily Bugle.
Selling Lego is a waste of time you will not always be able to sell something easily because there are a lot of resellers hence why it would take you a long time to sell. If you're not planning to be a massive reseller with huge stock than you should just invest in other things that don't take years just to get you extra 200 bucks off a set. You can make 1000x that amount in that timeframe if you know how to invest 😂
@@Caesar2001 Lego is fun for me. It is very easy for me to choose the top lego set every year. He can do it for you 50 percent a year - if you know what you're doing, which in my opinion is not a little. That comment of yours is shot - you connect speculation with investing - if you are referring to cryptocurrencies by 1000 times. In addition to lego, I also invest in real estate - mainly land, shares and cryptocurrencies. I take precious metals as equivalent to cash. So teach me what to invest in right now and it will make you 1000 times in a short time. Well thank you.
@@romankristofic3208 No I wasn't talking about crypto lol crypto investing is for idiots that know nothing, have no school completed, want to get rich quick without putting in any effort or for scammers/criminals. With that said I still use crypto when it makes sense mainly for it's intended purposes. I'm not going to tell you what to do with your money because this is yt comments section not a financial/investing class but I'm just simply giving you a heads up on what's unprofitable imo
I personally buy and sell/invest in lego minifigures. Its less of a risk to invest in most and even though the reward can be less, the money you invest with also is less as a result. plus i'd rather have a bunch of figs rather than actual sets, and the lower price and higher demand of figs means that you'll prob be able to sell them faster than you would an entire set. i'd personally rather take a minifig worth 200$ that I could sell in a day than a 1000$ set that I could sell in a few months.
Bo-Katan from Clone Wars and Bo Katan Live Action are not the same. The same reason the Fifth Brother and Grand Inquisitor still hold some great value. Does it affect it, yes. Is it significant, that's debatable. The only reason it is a problem is people hold their "investments" way too long. If your intent is to sell it later, then know when to sell.
It's less investors buying up all the sets, it's more, stealing the last 3 of a set on clearence at walmart before a poor family, who can't afford Lego without the clearence for their kids birthday, can find a set their kid loves. So that is what turns me off about investing. You can buy all the full priced sets you want after they come out, it's the hunting for clearence and buying the last 3 left in a special Walmart clearence, that makes me hate investors.
Ebay costs in the US? Here in Germany it is free as long as you are a private seller and didn’t buy to sell what is defined by law as selling it at least one year after you bought it. So pretty easy.
Ya no must be lucky. eBay charges 15% in fees up front, some hidden costs in there too in America. It may help sell fast, but will eat a chunk out your price aka big bite of profit
@@957kakashi Hidden costs and our EU commission would make them pay moren than they ever earned. I have to add that ’shipping‘ costs less here too. Distances are smaller, most times per Truck and most extra secured pakets (you could do it without, would be even less costs) cost around 6-9€. Delivery service will pay your damage up to 500€ if your paket get lost.
5:21 not completely true because most people who just want to build and display the set don’t care if they are sealed, so therefore like idk 90% of people buying sealed sets I feel are other collectors, so this doesn’t really help the market, it’s just kinda some other mostly insulated market.
i personally buy sealed older sets because it just feels nice to be able to unpack the thing and have the full experience, i pay extra just for that but i understand why people don’t i just wanted to say
7-Even sets that are re-released got new minifigures different from the old ones and most of the times its in the minifigures where the big bucks are. Sure it can drop a little in price but rarely to the point where its worth less than what you paid for it not to mention that if you are a smart investor you NEVER buy the sets at the full sale price. 6-Space is irrelevant. If you dont have the space just invest in whatever else you dont need such space. 5-If you are a fan of the hobby itself, doing research is fun. 4-You dont buy the sets at full price. You dont need to sell at ebay. Plenty of spots to sell your stuff without giving such fees (can take more time? Sure.... but if you dont have time or you dont want to wait your in the wrong spot anyway). Shipping will mostly be supported by the buyer. Packaging you can just reuse some old boxes. 3-Ofc its not passive income. Again... if you do it as a hobby its time well spent. 2-If it wasnt for lego investors, people in the future wouldnt even be able to get into the hobby as full collectors since no one would hang on old sets. Now, due to investors, people can just join the hobby and say "hey... i want to have all star wars lego minifigures!" Sure... thats possible DUE TO.... Lego investors! As if other people have anything to do with our own business... If they want a set that is selling for less they can just go to wherever its selling for that price and buy it as any lego investor can. 1-It's not saturated... IMO. The world has almost 8 billion people. if you go into bricklink at most times you have 200-300 of each set. DO you think that is alot?! Thats the same thing with every hobby. Pokemon is "saturated", MTG is "saturated" What isnt?!?!?! Theres still plenty of room for everyone to enjoy and if more people join, hell.... there will also be alot more people buying! Im an investor and i still buy old sets and other new sets from other investors... There could be other points that you could have explored better my friend. NOTE: Never buy 40-50 sets of the same thing! Just buy 5 or 6 of each and you can fund your own lego collection. Ofc you wont buy a 1million house but at least its cool to be at your place and watch all those lego boxes together. If you enjoy the hobby....
Bros mad he can’t rip us off. I understand retired lego set price increases, but you can’t cry about Lego making money as a company if you’re ripping off kids who missed out on older sets. If you wanna scam kids for money go over to the used video game market or something idk, it jus5 sucks seeing people like you jack up the price on legos to take advantage of kid’s nostalgia.
It's good to see reissue sets who wants to pay $8000.00 for the original Millennium Falcon when the new one is bigger and better for $1100.00 and the Lego group own bricklink now and have all that data I can see more of this happening to stop the scalping scum.
I can only hope some people see this video and use it as an excuse to NOT get into lego investing to save some more meat on the bone for the rest of us in the future LOL. I was able to find another two Medieval Blacksmith's on discount at a barnes and noble nearby just today.
@@henryhonghu4829 if you pay for the premium membership it’s 10% off everything all the time, plus the rewards program which is similar to vip points in redeem value. My B&N has surprisingly, some of the larger set and some of the harder to find sets. So I use it to locate sets that are retiring soon specifically that are out of stock on lego.
Well I mean, people investing in lego sets should keep them for at least 5-7 years, preferably 10+ years to see some huge gains in price. Just look at the early 2000 lego star wars sets, they dont look good but they are so expensive.
Some nice crap reason. THe x-wing, if you bought it in 2013 you still have a profit. It takes up space? All investments except crypto will take up space. Damaged? Yes, but also counts for paintings, whiskey and all other stuff you invest in. Ans so on ....
I made 2000$ buying bulk loose lego rebuiding set if the books included ;) 1kg of legos here costs 10-12€. I ussaly buy 8-10kg cause they contain bigger sets. Or if i cant rebuild i sort out by number and put on my bricklink ez money i literally got titanic and harry potter castle for 200€ 😂 cause i use the profits to buy things that mostly will have public even after 30years titanic was my sweettooth :)
when a recession is brewing, prices go up and people's salaries stagnate, they tend to redirect their money more towards immediately useful stuff, such as food, housing and energy.
A great reality check on lego. Truely i buy cause i want it. That the value can go up is just my excuse to have a big pile of unopened boxes in my home office. I'll never have the time to build 90% of them.
Great video and great points! I just "Invest" I mean collect because I build my sets really slowly and if I see a really good deal on a set they might be a good investment I get it and save it for later. And it isn't my main thing in fact I have a ton of things going on so I do passive invest in lego like you would with Gold/land. But Yeah I feel for all the brick linkers who do this full time...
Great point, mate! I see there is one more thing which is Lego heavily doing against “Lego investors”, they started to keep more than ever big sets available at retail. So idea is to make people think: Why to pay 500-600 usd for Old Fishing Store or Apocalypseburg, if you can get for this money, let say Mos-Eisley Cantina plus Medeival Blacksmith, plus you can get double vip points plus unique promo GWP… and free shipping… So Lego is aiming to have so many available in retail adults sets that most of average Lego people will see no reason to pay triple price for retired sets…
Jokes on Lego. Big sets are probably the WORST type of sets for investments. Limited growth post retirement, heavy and takes up lots of shelf space. Not to mention shipping is astronomically expensive to sell bigger sets. Mos Eisley Cantina however is the exception to this rule and I have a couple.
Big sets are terrible Investment lmao. I laugh at everyone buying the mos eisley for investing or like the big ass razor crest etc sets these sizes wanting to flip it. Bad strategy.
@Norse Studios I generally agree with all of your points. However I gotta disagree on Mos Eisley Cantina. A unique and playable build with 10 exclusive minifigures? Most of them being highly desirable and only found in Mos Eisley Cantina. I mainly agree with you however.
The thing is, Lego doesn't care if something seem like bad investment. They just saw that old sets are selling for the prices they are selling and saw interest in this price range. And honestly, if you're not die hard collector or investor, this is pretty solid option. Why would you buy something old and overpriced when you can buy new one? For once, decision on Lego's part that I respect
when people complain about people who resell lego it doesn’t make any sense to me, because then how are you going to get that 12 year old set unopened and be able to open it up like it just came out. i have so much respect for resellers in this community because they steady get disrespected and are really hard workers and for the most part genuinely cool people
I do NOT think LEGO Investing actually Sucks. These are just 7 downsides about LEGO investing. I made the tittle a bit extreme to get people to watch... and it worked if your reading this right now.
play the algorithm! beat the matrix. Same brother
The fact I'm reading your comment doesn't prove your title worked. I merely clicked the link to see if your video title was clickbait or not. It was clickbait. I'm not watching the video nor am I subscribing to your channel.
WHY LEGO INVESTING SUCKS
I DO NOT THINK LEGO INVESTING SUCKS
major investordummy lol
Click baiters will always get pain
But that makes me not trust you as a content creator, and I would never subscribe or watch any of your other videos.
Well I don’t feel bad for investors. You get what you deserve. Should be a hobby to be enjoyed not burned or bankrupt. Nothing is guaranteed including tomorrow. Greed has always been the downfall of man. If you die tomorrow what is it worth to you then?
Old Lego sets market is slowly turning into speculative Bubble.
Its volatile nature makes me smile whenever Lego decides to release some previously very sought after figure in 15$ set.
@@nihili4196 same here, the premium pants pissing I saw when rex got released in the microfighter was beautiful
You can't lose money on lego - if you know what you're doing - you'll always sell it at least for the price you bought it for. You need to choose sets that cannot be replicated - that are unique and will be unique in 10 years (for example, Blacksmith Medieval, 21333, 31120) - if you buy it 3-6 months before it goes out of sale - you can't lose money on this one. The ideal for me is not to buy sets just for the exclusive minifigures - but for the exclusivity of the set as such. If you have a combination of an exclusive set + exclusive minifigures, it's a clear winner - for example, the Daily Bugle.
Selling Lego is a waste of time you will not always be able to sell something easily because there are a lot of resellers hence why it would take you a long time to sell. If you're not planning to be a massive reseller with huge stock than you should just invest in other things that don't take years just to get you extra 200 bucks off a set. You can make 1000x that amount in that timeframe if you know how to invest 😂
@@Caesar2001 Lego is fun for me. It is very easy for me to choose the top lego set every year. He can do it for you 50 percent a year - if you know what you're doing, which in my opinion is not a little. That comment of yours is shot - you connect speculation with investing - if you are referring to cryptocurrencies by 1000 times. In addition to lego, I also invest in real estate - mainly land, shares and cryptocurrencies. I take precious metals as equivalent to cash. So teach me what to invest in right now and it will make you 1000 times in a short time. Well thank you.
@@romankristofic3208 No I wasn't talking about crypto lol crypto investing is for idiots that know nothing, have no school completed, want to get rich quick without putting in any effort or for scammers/criminals. With that said I still use crypto when it makes sense mainly for it's intended purposes. I'm not going to tell you what to do with your money because this is yt comments section not a financial/investing class but I'm just simply giving you a heads up on what's unprofitable imo
I can’t read this not because I can’t read it’s because I’m to lazy to 🥲
@@brantleyyoung2292Then why are you on this video let alone comment section Brantley?
I Collect, I Dont invest
This is the way
@@rileymims1878 This is the way
I invest, I buy, sell and exchange. With the profit I make, I buy the minifigures I collect 😋🥰
I personally buy and sell/invest in lego minifigures. Its less of a risk to invest in most and even though the reward can be less, the money you invest with also is less as a result. plus i'd rather have a bunch of figs rather than actual sets, and the lower price and higher demand of figs means that you'll prob be able to sell them faster than you would an entire set. i'd personally rather take a minifig worth 200$ that I could sell in a day than a 1000$ set that I could sell in a few months.
Not only that, but the space difference is insane. It's a lot easier to keep a minfig in "new" condition than to keep a box "new" too
Same here. I have very little storage space so minifigs also fit-the-bill from this perspective.
Same, only invest in fig too
how does that work for you with the Mexican factories that sell minifigs for dirt cheap
@@williamlopez1997 they don't sell all minifigs though, just certain ones
I don't even know what this guy talking about i just here blah blah blah blah blah blah blah ( don't take this personally )
Its the TH-camr kids accent
Bo-Katan from Clone Wars and Bo Katan Live Action are not the same. The same reason the Fifth Brother and Grand Inquisitor still hold some great value. Does it affect it, yes. Is it significant, that's debatable. The only reason it is a problem is people hold their "investments" way too long. If your intent is to sell it later, then know when to sell.
terrible voice-over
Lego investing is so cringe
If you have enough money to buy dozens of the same $650 set, and you lose money ...I'd find it hard to feel sorry for you.
whats wrong with cara dune
Nothing. Snowflakes just don’t like her because she goes agains the official narrative.
I'd like to know too. Why did he call her figure a piece of garbage?
Ikr if anything her figure will skyrocket in value.
It's less investors buying up all the sets, it's more, stealing the last 3 of a set on clearence at walmart before a poor family, who can't afford Lego without the clearence for their kids birthday, can find a set their kid loves. So that is what turns me off about investing. You can buy all the full priced sets you want after they come out, it's the hunting for clearence and buying the last 3 left in a special Walmart clearence, that makes me hate investors.
Ebay costs in the US? Here in Germany it is free as long as you are a private seller and didn’t buy to sell what is defined by law as selling it at least one year after you bought it. So pretty easy.
Ya no must be lucky.
eBay charges 15% in fees up front, some hidden costs in there too in America. It may help sell fast, but will eat a chunk out your price aka big bite of profit
@@957kakashi Hidden costs and our EU commission would make them pay moren than they ever earned.
I have to add that ’shipping‘ costs less here too. Distances are smaller, most times per Truck and most extra secured pakets (you could do it without, would be even less costs) cost around 6-9€. Delivery service will pay your damage up to 500€ if your paket get lost.
All pretty accurate reasons, of course there is pros but well done mate on the drawbacks.
5:21 not completely true because most people who just want to build and display the set don’t care if they are sealed, so therefore like idk 90% of people buying sealed sets I feel are other collectors, so this doesn’t really help the market, it’s just kinda some other mostly insulated market.
i personally buy sealed older sets because it just feels nice to be able to unpack the thing and have the full experience, i pay extra just for that but i understand why people don’t i just wanted to say
7-Even sets that are re-released got new minifigures different from the old ones and most of the times its in the minifigures where the big bucks are. Sure it can drop a little in price but rarely to the point where its worth less than what you paid for it not to mention that if you are a smart investor you NEVER buy the sets at the full sale price.
6-Space is irrelevant. If you dont have the space just invest in whatever else you dont need such space.
5-If you are a fan of the hobby itself, doing research is fun.
4-You dont buy the sets at full price. You dont need to sell at ebay. Plenty of spots to sell your stuff without giving such fees (can take more time? Sure.... but if you dont have time or you dont want to wait your in the wrong spot anyway). Shipping will mostly be supported by the buyer. Packaging you can just reuse some old boxes.
3-Ofc its not passive income. Again... if you do it as a hobby its time well spent.
2-If it wasnt for lego investors, people in the future wouldnt even be able to get into the hobby as full collectors since no one would hang on old sets. Now, due to investors, people can just join the hobby and say "hey... i want to have all star wars lego minifigures!" Sure... thats possible DUE TO.... Lego investors! As if other people have anything to do with our own business... If they want a set that is selling for less they can just go to wherever its selling for that price and buy it as any lego investor can.
1-It's not saturated... IMO. The world has almost 8 billion people. if you go into bricklink at most times you have 200-300 of each set. DO you think that is alot?! Thats the same thing with every hobby. Pokemon is "saturated", MTG is "saturated" What isnt?!?!?! Theres still plenty of room for everyone to enjoy and if more people join, hell.... there will also be alot more people buying! Im an investor and i still buy old sets and other new sets from other investors...
There could be other points that you could have explored better my friend.
NOTE: Never buy 40-50 sets of the same thing! Just buy 5 or 6 of each and you can fund your own lego collection. Ofc you wont buy a 1million house but at least its cool to be at your place and watch all those lego boxes together. If you enjoy the hobby....
Well said. My first thought was also, if it’s your hobby then it’s not time wasted and usually will be enjoyable
Lmao, RIP cloud city Boba Fett collectors , Lego just released him in a $15 mech build.
I would say good
Bros mad he can’t rip us off. I understand retired lego set price increases, but you can’t cry about Lego making money as a company if you’re ripping off kids who missed out on older sets. If you wanna scam kids for money go over to the used video game market or something idk, it jus5 sucks seeing people like you jack up the price on legos to take advantage of kid’s nostalgia.
Please stop talking like this
❤ 😂 ngihs
It's good to see reissue sets who wants to pay $8000.00 for the original Millennium Falcon when the new one is bigger and better for $1100.00 and the Lego group own bricklink now and have all that data I can see more of this happening to stop the scalping scum.
Lego is supposed to built and played
with if you want to invest like he said invest in stocks not into toys me and other people loved
Invest in old but already valuable sets, do your homework 🤑
Why does investing in lego suck? Because its a toy. Dont invest in it
I can only hope some people see this video and use it as an excuse to NOT get into lego investing to save some more meat on the bone for the rest of us in the future LOL. I was able to find another two Medieval Blacksmith's on discount at a barnes and noble nearby just today.
Is there a time or season that BN does lego sales? Cuz most of the time i see them rarely go on discount or % off
@@henryhonghu4829 if you pay for the premium membership it’s 10% off everything all the time, plus the rewards program which is similar to vip points in redeem value. My B&N has surprisingly, some of the larger set and some of the harder to find sets. So I use it to locate sets that are retiring soon specifically that are out of stock on lego.
So I should stop investing in lego ?
1:14 invest in your queen and retire in a few years 🥳
6:10 just wait longer before selling. If you hold the sets for at least 5-10 years less will be in circulation over time
Yeah
Well I mean, people investing in lego sets should keep them for at least 5-7 years, preferably 10+ years to see some huge gains in price. Just look at the early 2000 lego star wars sets, they dont look good but they are so expensive.
Some nice crap reason. THe x-wing, if you bought it in 2013 you still have a profit. It takes up space? All investments except crypto will take up space. Damaged? Yes, but also counts for paintings, whiskey and all other stuff you invest in. Ans so on ....
I made 2000$ buying bulk loose lego rebuiding set if the books included ;) 1kg of legos here costs 10-12€. I ussaly buy 8-10kg cause they contain bigger sets. Or if i cant rebuild i sort out by number and put on my bricklink ez money i literally got titanic and harry potter castle for 200€ 😂 cause i use the profits to buy things that mostly will have public even after 30years titanic was my sweettooth :)
God I hate being a part of this Fandom. It's way too damn expensive
shipping is not $15
I like collecting sealed Lego sets because it’s cool to have older sets. Kinda like having a piece of Lego history
when a recession is brewing, prices go up and people's salaries stagnate, they tend to redirect their money more towards immediately useful stuff, such as food, housing and energy.
Ive done very well in lego sets
Picked up a few half off harry potter sets today and some jw sets.
A great reality check on lego. Truely i buy cause i want it. That the value can go up is just my excuse to have a big pile of unopened boxes in my home office. I'll never have the time to build 90% of them.
Yet bro still makes vids about how set go up in value
Great video and great points! I just "Invest" I mean collect because I build my sets really slowly and if I see a really good deal on a set they might be a good investment I get it and save it for later. And it isn't my main thing in fact I have a ton of things going on so I do passive invest in lego like you would with Gold/land. But Yeah I feel for all the brick linkers who do this full time...
Wow. Calling Cara a piece garbage.
Great content as always! Love your sarcasm ❤️
Number what? 🤨 6?
Great video! Keep it up!
Great point, mate!
I see there is one more thing which is Lego heavily doing against “Lego investors”, they started to keep more than ever big sets available at retail. So idea is to make people think: Why to pay 500-600 usd for Old Fishing Store or Apocalypseburg, if you can get for this money, let say Mos-Eisley Cantina plus Medeival Blacksmith, plus you can get double vip points plus unique promo GWP… and free shipping… So Lego is aiming to have so many available in retail adults sets that most of average Lego people will see no reason to pay triple price for retired sets…
Jokes on Lego. Big sets are probably the WORST type of sets for investments. Limited growth post retirement, heavy and takes up lots of shelf space. Not to mention shipping is astronomically expensive to sell bigger sets. Mos Eisley Cantina however is the exception to this rule and I have a couple.
Big sets are terrible
Investment lmao.
I laugh at everyone buying the mos eisley for investing or like the big ass razor crest etc sets these sizes wanting to flip it. Bad strategy.
@Norse Studios I generally agree with all of your points. However I gotta disagree on Mos Eisley Cantina. A unique and playable build with 10 exclusive minifigures? Most of them being highly desirable and only found in Mos Eisley Cantina. I mainly agree with you however.
The thing is, Lego doesn't care if something seem like bad investment. They just saw that old sets are selling for the prices they are selling and saw interest in this price range.
And honestly, if you're not die hard collector or investor, this is pretty solid option.
Why would you buy something old and overpriced when you can buy new one?
For once, decision on Lego's part that I respect
when people complain about people who resell lego it doesn’t make any sense to me, because then how are you going to get that 12 year old set unopened and be able to open it up like it just came out. i have so much respect for resellers in this community because they steady get disrespected and are really hard workers and for the most part genuinely cool people
Your videos are hilarious. The B-Roll cuts crack me up. Thnx
Dang crazy.
i have a rex phase 2 when should i sepl