Investing in Lego is not for those looking for quick results. It is not the typical resale product although there can always be offers that allow you to sell quickly. You must have the patience to invest and wait at least 12 months to be able to generate the profit. Sometimes even two years. In my case, it has been three years for some Lego sets since at first I bought what I personally liked without taking into account the EOL dates of the set.
Nothing happens in fact it is fun to open boxes and find Lego that you had forgotten you had bought. Now there will be fewer and fewer of these surprises because we are buying systematically to shorten deadlines and improve ROI even more.
Contents
1 Lego sets that many investors buy can be a good investment
2 A low sales ranking does not have to be bad
3 There are no sure winners
Lego sets that many investors buy can be a good investment
One of the things you may come to think is that it is not a good idea to invest in those sets that are obvious to call it somehow. There are certain sets that almost every investor has bought in some quantity. Being one more doesn’t seem like the best idea in the world at first glance. In reality it doesn’t have to be the case. It’s all about supply and demand. As long as there’s a lot of demand it doesn’t matter if there’s a lot of supply. At some point the target price you’re looking for will be reached because the other investors belarus phone number library will have decided to sell. I’ve already achieved a significant ROI with some sets that everyone had.
A low sales ranking doesn’t have to be bad
This year I’ve been paying a lot of attention to the current sales ranking when making the decision whether or not to invest in a set. Curiously, the sets cure gastritis with water I’ve sold this Christmas have not been those that had a very good sales ranking. Once again it’s all about supply and demand. Even if the demand isn’t very high the supply may be even smaller in relation. That’s why these products can even be a smart au emai list choice even if it’s not the safest bet. It’s also true that at Christmas things change. There are certain sets that now sell more than they do throughout the year. Looking at the sales ranking alone is therefore not everything. I have learned this this year and I will certainly apply it in my investment decisions for 2024.
There are no sure winners
The Harry Potter train for me was one of those sure winners. I was not the only one, many investors have invested a lot of money in this set. The problem has been the following. When after many years Lego finally makes the decision to withdraw it, it launches a new similar train that is cheaper than the one that all of us who have invested have. It is clear that it does not make much sense to spend more to buy an old version of the train that you can get for less. There is always a significant danger here and it is not predictable what will happen.
On average the numbers have to add up. At the moment they do. In fact, there is no set that I have lost money on to date. Let’s knock on wood. Knock, knock.