I *think* I came across Brick Picker through The Brothers Brick, or maybe a link off a link off a link on Youtube. Either way, it immediately caught my attention as an investment strategy.
About seven years ago I became an AFOL, built some MOCs and then ran out of time. I also realized for my creative purposes that modelling in foam was more my thing. But, now I'm stuck with about $10K in Lego to liquidate.
The speculation part of this Lego investing fits with my current outlook on investing. I follow Casey Research and speculate on physical assets like gold and silver. ABS plastic bricks is no different and a hard asset that I can own and liquidate when the time is right. I'm all in!
While I find my way around the site and learn the ins and outs of Lego speculating I do have one question: smoker's homes and kit storage.
When I'd buy bricks from Bricklink for my MOCs many stores would emphasize that their inventory was from a 'non-smoking home.' I an see how giving your kid a minifig that smells like auntie Ruth on her fourth pack of Lucky Strikes is probably a turn off, but for dealing in mint kits in the box I don't quite follow the risk. I do live in a smoking home (my roomie smokes, I don't), but I can't see selling a kit and having it returned because the cardboard has a hint of Pall Mall.
What are people's thoughts on this? Having to rent a storage locker would immediately drive up my costs, and as Carnegie said, "keep costs down and the profits will follow."
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Good evening,
I *think* I came across Brick Picker through The Brothers Brick, or maybe a link off a link off a link on Youtube. Either way, it immediately caught my attention as an investment strategy.
About seven years ago I became an AFOL, built some MOCs and then ran out of time. I also realized for my creative purposes that modelling in foam was more my thing. But, now I'm stuck with about $10K in Lego to liquidate.
The speculation part of this Lego investing fits with my current outlook on investing. I follow Casey Research and speculate on physical assets like gold and silver. ABS plastic bricks is no different and a hard asset that I can own and liquidate when the time is right. I'm all in!
While I find my way around the site and learn the ins and outs of Lego speculating I do have one question: smoker's homes and kit storage.
When I'd buy bricks from Bricklink for my MOCs many stores would emphasize that their inventory was from a 'non-smoking home.' I an see how giving your kid a minifig that smells like auntie Ruth on her fourth pack of Lucky Strikes is probably a turn off, but for dealing in mint kits in the box I don't quite follow the risk. I do live in a smoking home (my roomie smokes, I don't), but I can't see selling a kit and having it returned because the cardboard has a hint of Pall Mall.
What are people's thoughts on this? Having to rent a storage locker would immediately drive up my costs, and as Carnegie said, "keep costs down and the profits will follow."
Glad to join, more from me to come.
Aedmundi