Hey Kevin, if you wanted to get actual percentage for returns on GWP; you should try doing an IRR calculation. You have initial CF, final CF, and value of sets your still holding (sets that got you the GWP), so it’d work out well I’d think
Yeah, it's a great idea, I just didn't want to spend the time and effort to do it 🤣 And yeah, it's fun to say infinity return on investment, haha. Later bud!!
Hi. I’m new to Lego investing. I wanted to get the opinion of someone with more experience. I recently got a great deal on some retired Star Wars sets (essentially 30% off original msrp!)…7962, 7965, 9493, 75049, 75054, & 75092. Along with those I got the NASA Saturn V (21309). In your opinion, am I smarter to hold any or all of these for a couple years or just sell now? I assume the largest jump in value happened within the year or 2 following retirement? Thanks in advance
Yes, and you can check out camelcamelcamel.com to see if the value has already peaked. I hold recently retired sets for 2-3 years to give you a frame of reference. Welcome to the community!! Best of luck!
Yes! Probably just rounding up to account for some tax. I try to show the most realistic ROI after fees, shipping, taxes, shipping materials, etc. I'd rather show slightly lower than slightly higher ROI to keep it as realistic as possible! Later!!
Thanks bud!!! I know, haha. I do plan on selling my couple moving trucks (for the few bucks I can get, haha!), but I just haven't got to it yet...been busy and lazy lately!! Later dude!
Thanks! Yes...keep it simple, I price 15% lower than I put on eBay because local buyers know they don't need to pay shipping and that the seller doesn't need to pay fees, I post on eBay...let eBay's AI write the item description, and then I copy/paste same description to marketplace. And lastly I don't let it stress me if a buyer changes mind or ghosts. Best of luck!!
Hello Kevin, thankyou again for this nice video, i bought again a LEGO Star Wars 75360 Yoda'S Jedi Starfighter for €19,49 ( what make's a discount of 44% at RRP €34,99) at the same drugstore as he week before. Even the grey basic plates 38cmX38cm RRP €14,99 is in that store at €13,99 and also an promotion on this ones 2+1 for free!!. Have a nice LEGO weekend Kevin, greetings Sophie
Don't remind me of that Bionicle gwp, I very rarely invest in gwps for long term investment because they rarely go much higher than your cost, two to three years after release. So with the few I've gotten, I've made small to medium profits long term, but this one just nose dived 90 days or so after release, & has only gotten worse since. I have like 20-25 of them, & the ones I didn't get with my purchases, better than half, I paid like $35-$40 per on Bricklink, .......Ouch, so yeah a disastrous decision. If it was only one, or two, I'd dump them, but I am going to see if I get lucky, & Lego releases Bionicle sets, or gwps in the next year, or two, but even that's a long shot. Anybody got any ideas on the best way to try to move these, maybe pairs to cut down on shipping costs, or wait a bit longer to see if more Bionicle sets get released?
Definitely the vast majority I sell in Q4! As a matter of fact, I sold the two HP moments last Q4 right before Christmas and I forgot to include it in a previous video 🤣. For the rest, it was just time to thin the herd a bit! Take care!
Hey Kevin, if you wanted to get actual percentage for returns on GWP; you should try doing an IRR calculation.
You have initial CF, final CF, and value of sets your still holding (sets that got you the GWP), so it’d work out well I’d think
I’ll caveat, infinity return does sound cool
Yeah, it's a great idea, I just didn't want to spend the time and effort to do it 🤣 And yeah, it's fun to say infinity return on investment, haha. Later bud!!
Hi. I’m new to Lego investing. I wanted to get the opinion of someone with more experience. I recently got a great deal on some retired Star Wars sets (essentially 30% off original msrp!)…7962, 7965, 9493, 75049, 75054, & 75092. Along with those I got the NASA Saturn V (21309). In your opinion, am I smarter to hold any or all of these for a couple years or just sell now? I assume the largest jump in value happened within the year or 2 following retirement? Thanks in advance
its up to you, if you get them on a good deal and want your money back quickly you can sell for around msrp shortly after purchase
Yes, and you can check out camelcamelcamel.com to see if the value has already peaked. I hold recently retired sets for 2-3 years to give you a frame of reference. Welcome to the community!! Best of luck!
Just curious but why sell that A-wing? Its one of the best and most accurate A wing sets we have to date.
Agreed...it's well done. But it just never called to me...I didn't want to build it. Therefore it was time to thin the heard! Take care!
Are you using the eBay shipping because your fees and shipping seems high on the blacktron set
Yes! Probably just rounding up to account for some tax. I try to show the most realistic ROI after fees, shipping, taxes, shipping materials, etc. I'd rather show slightly lower than slightly higher ROI to keep it as realistic as possible! Later!!
You kept the moving truck, but sold Galileo?! 🤦🏼♂️ Lol. Great video Kevin!
Thanks bud!!! I know, haha. I do plan on selling my couple moving trucks (for the few bucks I can get, haha!), but I just haven't got to it yet...been busy and lazy lately!! Later dude!
Great video buddy I can see the sequels not doing well but the solo sets are a better group of sets and the mini figs are a outstanding
Definitely yes! Thanks bro!
Great video man! Any tips for selling on Facebook?
Thanks! Yes...keep it simple, I price 15% lower than I put on eBay because local buyers know they don't need to pay shipping and that the seller doesn't need to pay fees, I post on eBay...let eBay's AI write the item description, and then I copy/paste same description to marketplace. And lastly I don't let it stress me if a buyer changes mind or ghosts. Best of luck!!
Thank you for the tips man, love the vids!@@kdxbricksanalytics
You're welcome and thanks a lot bud! Best of luck!
I’ve also gone down the brickheadz Minecraft route , fingers crossed 😊
For you and me both!! I think they'll work out pretty well! Take care
Glad to see another video! Keep up the great work!
Thanks a lot my friend! Yeah, I had fun making that one as you could tell. Take care!
Hello Kevin, thankyou again for this nice video, i bought again a LEGO Star Wars 75360 Yoda'S Jedi Starfighter for €19,49 ( what make's a discount of 44% at RRP €34,99) at the same drugstore as he week before. Even the grey basic plates 38cmX38cm RRP €14,99 is in that store at €13,99 and also an promotion on this ones 2+1 for free!!. Have a nice LEGO weekend Kevin, greetings Sophie
Hi Sophie! Wow, you're getting great deals... enjoy them! Keep me updated on any other awesome deals you find...take care!!
I like the Year of ... sets, but now I have seen how expensive the early ones are, I an thinking I can wait 6 years to complete mine. :)
Haha, I hear ya!!
Don't remind me of that Bionicle gwp, I very rarely invest in gwps for long term investment because they rarely go much higher than your cost, two to three years after release. So with the few I've gotten, I've made small to medium profits long term, but this one just nose dived 90 days or so after release, & has only gotten worse since. I have like 20-25 of them, & the ones I didn't get with my purchases, better than half, I paid like $35-$40 per on Bricklink, .......Ouch, so yeah a disastrous decision. If it was only one, or two, I'd dump them, but I am going to see if I get lucky, & Lego releases Bionicle sets, or gwps in the next year, or two, but even that's a long shot. Anybody got any ideas on the best way to try to move these, maybe pairs to cut down on shipping costs, or wait a bit longer to see if more Bionicle sets get released?
Oh no!!! I'm at a loss... hopefully they turn around 😵💫
What percentage do you sell in Q4? Would you make more money is you sold everything in Q4?
Definitely the vast majority I sell in Q4! As a matter of fact, I sold the two HP moments last Q4 right before Christmas and I forgot to include it in a previous video 🤣. For the rest, it was just time to thin the herd a bit! Take care!
Do you pay income tax on any of these sales or just Amazon/ebay sales tax?
Definitely just the latter. Otherwise you would have gotten a reply by now.
Great job as always.
Thanks very much!!