Well, since my name was called out, I can throw you a few Fire Bikes worth of knowledge. If you want the synopsis, here it is:
There is no one watching youtube videos that will influence the secondary value of a lego set, so don’t worry about it.
My most watched video was on the Bugatti Veyron technic set and I encouraged people to consider buying the Speed Champion version because the $/sq ft of the box was so much higher (more efficient to store), it was much closer to retirement, and I thought it would outperform after retirement. I think there were about 150k views while the Speed Champion was still 11.99 everywhere. How much influence do you think my video had? How many large Bugattis did I buy? 2. How many little Bugattis did I buy? 40-50. I just wish I hadn't sold them all at $90. How much did my video influence the market? 0. Did I enjoy making it? Yes.
There have been countless articles, videos, websites, books, and podcasts about Lego investing. It is not a secret. Don’t give anyone so much credit that they can influence the market. Legos are not Doge or Gamestop. They are not liquid assets. Selling Lego is not easy work. The masses are looking for easy. The real arbitrage and resale money is made elsewhere, and most often not in Lego. You don’t hear much talk about how to buy surplus, how to amass 1000’s of a set, abandoned cargo, store buyouts, ect… Buying last minute from Walmart is chump change. Although I do remember scoring about 10 last minute Town Halls at retail from Walmart thanks to a post here.
So what was my motivation to start making videos? Did I want to be an Idiot? No, I wanted to diversify my income stream. Brickpicker had just released a book on Lego investing and was looking to diversify the web site. I offered to make videos and support Brickpicker with a split of ad revenue. They paid me about $300 over a year and half as my share and they gave me a cool Brickpicker polo shirt. I hope the videos are still generating a little revenue for the site.
I really enjoyed making them as I am an educator at heart, but time and space pulled me away. I will be honest that I don’t have a thick skin for online hate either. I switched gears to importing and selling chocolate from all over the world. I just started making my own too. So let me know if you want some amazing chocolate.
I still sell Lego because it is fun but less than 100k per year as a small timer. I still relish the day I sold my first 20 #7655 Clone Trooper battle packs for $40 a piece. It still brings a smile to my face, so I hope that is why everyone is here on Brickpicker. I hope that it is fun for you.
So don’t put down people that make vides and try to make money off them. Everyone can make it fun in their own way. The only idiots are those that will buy because someone told them too. I have made this mistake (I think I still have some Cinderella lipstick around somewhere). Don’t get pissed if someone mentions your favorite Disney Duplo set. They aren’t going to influence the market. There are way too many sets, the market is way too big, and there is too much conflicting advice.
That’s all I got. Just my opinion.
But back on topic. Is it too early to start buying Galaxy Explorers? How many should I buy?