meowingthings Posted June 14, 2014 Share Posted June 14, 2014 My local ToysRus has a lot of the clearance. I am just no sure how crazy to go. I can afford to buy it all, but I can't afford to sit on it all for more than 3-4 months. Is any of this worth buying given that restriction? (2) Malevolence $80 (6) Ghost Train $50 (6) Space Center $45 Thanks. Quote Link to comment Share on other sites More sharing options...
DoNotInsertIntoMouth Posted June 14, 2014 Share Posted June 14, 2014 I don't think so. The closest would be the Ghost Train which you could get $75 to $80 for, but then you are breaking even. If you are holding, I like all of those - but for a couple years. 3 Quote Link to comment Share on other sites More sharing options...
terrymc4677 Posted June 14, 2014 Share Posted June 14, 2014 Agree with DNIIM. For such a short period of time, the ghost train would be your best bet since Halloween is only a few months away. Of the three that is probably your best candidate for flipping regarding your circumstances. Quote Link to comment Share on other sites More sharing options...
meowingthings Posted June 14, 2014 Author Share Posted June 14, 2014 I really appreciate the advice. Quote Link to comment Share on other sites More sharing options...
terrymc4677 Posted June 14, 2014 Share Posted June 14, 2014 I picked up four space centers yesterday. I had five of these and was down to my last one, so I restocked. I was selling them for $90 shipped with an average buy in of just over $40. I wasn't making a killing on them, but I was selling them while they were still available. I plan on holding the four new ones I just picked up for at least 1-2 years now that it seems to be officially on its way out. Hoping for $120-$130. A lot of people don't like the city theme, but this set is pretty unique, and the unique sets are what sell from this theme. I don't have any malevolence, and passed on several when Walmart had them clearanced after this past Christmas. I am not a big fan of prequel Star Wars sets, but a few others who have this set have mentioned that it is beginning to pick up some steam. Quote Link to comment Share on other sites More sharing options...
cjh76 Posted June 26, 2014 Share Posted June 26, 2014 UK toys r us has friends riding camp at half price. Cleared out store this morning Sent from my C6903 using Brickpicker mobile app Quote Link to comment Share on other sites More sharing options...
waddamon Posted June 26, 2014 Share Posted June 26, 2014 If you can only afford to keep them for 3 or 4 months, then you cannot afford to buy all of them. It seems many on this site are investing money that they will need within 12 months. That strategy usually never ends well. 1 Quote Link to comment Share on other sites More sharing options...
cladner Posted June 26, 2014 Share Posted June 26, 2014 i would buy all the malevolences and then (if you had to sell) wait 2 months and sell - hoping to get to 160-170ish. price has slowly been going up. this is an unloved but relatively large and cool set which will contribute to its appreciation. these are going for $129-$150. the others are not going to make you money in 3-4 months. ghost train will make you money in year. only selling now for $60-80 - not enough to clear fees etc. city space - i have 4 - i like this set but its not going to make you money in 3-4 months. this has been heavily sold/cleared at TRU for a long time now so there are a lot out there. Quote Link to comment Share on other sites More sharing options...
grackleflint Posted June 26, 2014 Share Posted June 26, 2014 If you can only afford to keep them for 3 or 4 months, then you cannot afford to buy all of them. It seems many on this site are investing money that they will need within 12 months. That strategy usually never ends well. Here's a crazy money management solution/scheme Get a new credit card with 0% interest for a year (Chase Slate card). Charge the amount that you have in cash. Use the cash money in hand to make the monthly minimum payments to keep the 0%. Wait until Christmas time (or at worst 10 months) to see how much they appreciate then sell them (give yourself 2 months time) for whatever profit there is at that time and pay back the remainder on the credit card. See how much you have made in profit. If it's enough for you, rinse and repeat. Of course if you don't pay attention, miss one payment, go over a year, etc, you just totally screwed yourself. You can even invest the remainder of the cash on hand that's not needed to make the monthly payments (short term CD, money market, high yield bond fund) and make some small interest amount. 1 Quote Link to comment Share on other sites More sharing options...
waddamon Posted June 26, 2014 Share Posted June 26, 2014 Here's a crazy money management solution/scheme Get a new credit card with 0% interest for a year (Chase Slate card). Charge the amount that you have in cash. Use the cash money in hand to make the monthly minimum payments to keep the 0%. Wait until Christmas time (or at worst 10 months) to see how much they appreciate then sell them (give yourself 2 months time) for whatever profit there is at that time and pay back the remainder on the credit card. See how much you have made in profit. If it's enough for you, rinse and repeat. Of course if you don't pay attention, miss one payment, go over a year, etc, you just totally screwed yourself. You can even invest the remainder of the cash on hand that's not needed to make the monthly payments (short term CD, money market, high yield bond fund) and make some small interest amount. In a perfect world sure it would work, it is called trading on Margin. This always makes sense on paper until life happens and the trade moves against you and you get a margin call. A credit card is great to use if you have healthy points program. Using money you have in cash via a CC makes sense because it adds a little plus as well as the monthly payoff reinforces your credit score if you care about such things. Outside of that leveraged investing or operations of a business will usually end badly, because storms come,life happens etc. 1 Quote Link to comment Share on other sites More sharing options...
jeff_14 Posted June 26, 2014 Share Posted June 26, 2014 In a perfect world sure it would work, it is called trading on Margin. This always makes sense on paper until life happens and the trade moves against you and you get a margin call. A credit card is great to use if you have healthy points program. Using money you have in cash via a CC makes sense because it adds a little plus as well as the monthly payoff reinforces your credit score if you care about such things. Outside of that leveraged investing or operations of a business will usually end badly, because storms come,life happens etc. True, but we're talking about lego here. To be really safe, you could buy all you want, and return them at the exact price you bought within store return times. When can you ever do that with a stock? In my experience, lego does not crash in price. Particularly if you're buying it below retail. I'd be tempted to do this myself once I have the space. I currently use such offers to pay down debt and save on interest. Quote Link to comment Share on other sites More sharing options...
djim Posted June 26, 2014 Share Posted June 26, 2014 buying on credit and keeping a balance is a bad idea for more than one reason. if you don't have the cash to invest, you shouldn't make the investment. but even if you followed your plan, as pointed out above, the balance on your credit card affects your credit score. once it is over 50% of your limit, your score goes down. Quote Link to comment Share on other sites More sharing options...
No More Monkeys Posted June 26, 2014 Share Posted June 26, 2014 buying on credit and keeping a balance is a bad idea for more than one reason. if you don't have the cash to invest, you shouldn't make the investment. but even if you followed your plan, as pointed out above, the balance on your credit card affects your credit score. once it is over 50% of your limit, your score goes down. Yep... so you open 3 or 4 credit cards with intro offers, keeping revolving balance on each below 30% Quote Link to comment Share on other sites More sharing options...
djim Posted June 26, 2014 Share Posted June 26, 2014 you're bad!!! Quote Link to comment Share on other sites More sharing options...
waddamon Posted June 26, 2014 Share Posted June 26, 2014 SIGHHHHHHHHH. Quote Link to comment Share on other sites More sharing options...
grackleflint Posted June 26, 2014 Share Posted June 26, 2014 Hey, just got a credit card offer from Chase Freedom, 0% APR for 15 months, $200 cash back if spending $500 in the first 3 months, 1% cash back. Finance your LEGO investment purchasing dreams!! Get those SSD's (if they come back) or GE's and you'll be making tons of money next year! Go. Go. Go !!! Yes, I know, I'm such a bad person for encouraging this. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.