I made this mistake when I started LEGO reselling
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- เผยแพร่เมื่อ 12 ก.ย. 2024
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If you want to know what's possible with LEGO investing, check out this video where I walk through an INSANE price jump on a LEGO set - th-cam.com/video/K4gPGGjs9rE/w-d-xo.html
I hold by the mantra that “ don’t invest if you don’t mind getting stuck with it “ I’m sure I’m missing opportunities but …
if you are getting stuck with items and playing with them, you are doing it wrong. Sell them, reinvest.
Same. This is not my main job, I do it as a little side hustle and to fund my own Lego hobby. So buying sets that I think are at least somewhat cool AND will increase in value is the way to go for me because I simply enjoy it more.
That being said, it's a valid point to try to expand on the themes you're knowledgeable on.
Yea this advice is only for people trying to do this professionally. The casual investor should stick to sets they wouldn't mind having if the value tanks for whatever reason. Just my opinion.
/edit
Id also like to add that it is easier to sell a set you dont like 😉
This is good for starting out (because of possible failure) but if you want to make more money...
I have invested in plenty of LEGO sets I don’t like personally including DOTS and Duplo, but I’m confident the market prices will go up after retirement. Putting personal feelings aside while investing is a great tip. Thanks for sharing Shane!
Your dinner at 08:43 is a prime example of how expensive lego really is.
Did you mean to line up the the mic stand perfectly with the green triangle????
I was thinking the exact same thing
I get where you coming from, and I would invest in these sets. Still the problem is I don't know anything about them and can not even picture what set could go up, and why so basically the only thing that is left for me is to listen to someone else where to put my money in, and I don't like that. That's why I only stick to Star Wars, and a bit of harry Potter, and now I have started researching into ninjago, and lego creator a bit. Still I'm no way near comfortable investing in it.
Great video! Thanks! I appreciate learning about the fees on Amazon compared to eBay. I just started Lego investing this year and invested $600 with my kids. Your content is very helpful!
Thanks Shane. You got me on that stocks analogy! I’ve watched a few of your videos that sparked ideas in me more than other people in this subject.
I do just fine by dealing in themes I personally like. The architecture and technics just bore me. For me, it has to be fun. And, no, I do not invest in duplo.
These little "boring" details might not be some sort of 'sexy secret' but they are very important, for every kind of investor.
I wasn't a fan of Lego Friends until I picked up a used collection and made over 10x return selling the sets on eBay and BrickLink. Same thing with Minecraft. I also learned to like certain themes for different reasons.
Some themes are ones that I would enjoy personally building and collecting, but others are fun to build even if you don't want to own them personally. When I had to rebuild the Friends sets, I was surprised at how detailed and play-able they are, even for sets that are geared towards girls.
DOTs are also really fun if you like having pencil holders and boxes and bracelets with Lego pieces. I part out hundreds of the mixed bags when they go on sale but I can understand the craze behind mosaics and other DOT-art.
Great Information ‼❤ Of all the LEGO Investors on TH-cam, This guy could be a Minifigure.
As always thanks for all you all do at brick bucks!
About to go out there and get it today!!
My Start was bad, because I got good prices, but EOL too far away...
I am thinking about reselling Lego. But one thought stops me. The Lego is basically a toy. When parent will come to the Lego Store, why would this parent buy some overcharged set Lego from me, versus hundreds of Lego sets on the shelves, part of them with discounts? When I thing about collector, here even worse - all collectors already have the sets that they like, they will not suddenly start looking to buy retired set, but either something new.
Another great video Shane! Love your mug ;-)
just asking is small sets good to invest there's a 40 discount for star wars 75345 in shops they cost 24 but with discount their 16 this is star wars set that has trooper minifigs in them :)
The theme I have the least interest in for investment is......
UCS Sets
interesting! Why is that?
@@BrickBucks Size mainly.
Duplo?! Maybe I guess ppl remember that stuff too. Much more of a long term investment
Invest / sell the things you don't like as much. you'll be less attached and more objective.
Buy for keeps the things you love. Unless you bought doubles then do sell those at some point.
Personlly I buy lego, because i like them and it retains value for the most part. I'm not really investing for profit, more because the interest for saving accounts are a joke these days. I only earned about 10 euro's in intrest in a full year......that's a pittance. investing in one or two good lego sets a year wil get you more than that in return... It doesnt need to be a business for it to be an improvement. I'm already up in 60 euro's on the few I bougth for that purpose last year. Even the ones I opened for my own amusement are going keep some value overtime if I keep everything in good conditio, but really I don't intend to sell those, I love them too much.
Thank you for your GREAT content!!!!
When Toys-R-Us went under thousands of Dimensions sets ended up in the 99 cent store. I bought about 1500! I opened everyone up. I have hundreds of Homer Simpsons / Batman / Powder Puff Girls…Minifigures. Still have the booklets but no boxes.
Exactly ..
Buy low , sell high doesn't matter the set , move the pieces around and the cash comes in
You're in luck of you're simply passionate about Lego, period. Otherwise you may as well invest in any product under the sun that you do your due diligence with and find has the best returns.
Where can I find the dates for retirements per set? Where can I find information for a specific set, to find out if it has exclusive minifigures or Lego pieces.
Please, can you give us your opinion to the first release F1 car? It was just a few weeks on the market. Do you think it will have a good price?
I love your "AFOL" cup, do you also sell it?^^
Its actually better to buy sets you dont like, becaouse you would not want them, and it'll be easier for you to sell them
yes!
Another great video!
hey man would love to know if you have a discord or anything, i've got tons of old legos that i found and i'm looking to sell a majority of it so i can start up another collection. thanks!
Here’s why I’m skeptical of Lego investing. Where do you resell these sets? Your average mom, dad or grandma aren’t buying their kids Xmas presents on Bricklink or eBay and likely not even sites like Craigslist or Facebook Marketplace. They’re only out looking for older sets if their kids are super into a theme. Adult collectors are savvy and are are only going to buy the best priced sets on Bricklink and eBay.
Everyone makes these videos about “Lego investing” but no one actually talks about where they sell these retired sets and how long it took to sell.
Also, it’s not the 1980’s or 1990’s. These unopened sets are not going to be rare anymore. 10-20 years from now there will be many more of these sets in the universe.
I sell mine on Amazon and ebay. Some of my friends do very well on BrickLink, Facebook Marketplace and other places. Tons of data out there to see that sets DO sell for much higher values than MSRP after they've retired. Best way to see for yourself is to go to eBay, search any set that retired two years ago, and filter for recent sales. Calculate the ROI and your concerns will be answered. Biggest mistake you can make is to let your assumptions about demand lead your decision making. Best to base it on facts, and the data is there to be seen
Thanks for the video. I dont likr Duplo, but i am investing in Duplo📈🔥
Thanks, will take the info to heart. My problem is i like them all.
I don't want to come off as trollish because I do like your content, but be careful about comments like "lego investing will make more money than the stock market typically" first rule of the stock market past-performance is not indicative of future performance. Ever since 2020, you have hoarding behaviour on all collectible categories, Lego, Pokemon, Magic ect.. these companies are pumping out the product at such high levels, so people look back and say "if you held XYZ set since 2016" it would be worth X today. The reality is there is a massive amount of people doing the same thing today vs back then and creating artificial scarcity by hoarding against much more production. Ask yourself... what if.. all this supply stops getting horded and hits the market at once as lego keeps producing more and more. Like stocks.. you can see price stay flat to negative for years (very few of these sets are "special"). No guarantees in any category of "investing". I don't think hording duplo will out-perform the compounded growth on Microsoft...
to be honest, I hear this every single year from people sitting on the sidelines, and year after year I still see LEGO sets going up in value. The demand continues to increase, and supply can only ever be finite when something stops getting manufactured. More and more different LEGO sets being created has been happening for 20 years, yet prices of old stuff continue to go up. People want retired LEGO sets, and there is more demand than supply. If that ever changes, it will happen gradually, and I'd be fine with taking a 50% ROI instead of my usual 70-100% that year, then decide how I want to move forward. But again...been hearing this for years, and it still continues to massively outperform my stock investments
I really dont like that logic. it is way better to invest in things you know, bc u have a better feeling for it. which set will go up in value. also some themes are just a banger almost all the time. so its 100% safe. i mean yeah you are right but only for very experienced resellers. Your tipp is not good for beginners.
I agree you absolutely need to know what you're investing in, but my point here is that people should learn stuff even if they don't like it personally. Duplo for example is not a theme most of us would like, but it can create amazing investments. We should be ready to learn themes and sets that are good opportunities and not only focus on stuff we are personally interested as Lego fans. That way we are treating it like a real business
where are you, come buy my 32.5k+tx collection for 20k only 450 sealed set
Shoot me an email at shane@brickbucks.net if you're serious about selling your collection 👍
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Thanks for your contribution