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red panda

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  1. Excellent post. I have been buying Lego for several years. I don't sell at the moment, my view was always 'one day I'll resell if I find myself out of work', yet up to now am still in work, so the Lego accumulates in the loft, but I can see that more people have got in to this, and all of the above points are well made. I think it's nowhere near as easy as 'read a few forum threads, buy licensed sets, sit back and wait', which largely probably worked a few years back, but is more likely to burn people now. Key is to find a strategy that works for you. I have changed dramatically what is heading up the stepladders in to the loft these days. I have a different strategy that I am confident in, but it's still a guesstimate on my part, but one based on 15 years experience of Lego, so you need to have faith in yourself. I will say that I do think more than ever it does pay to have diversified investments which for me absolutely can include some physical product or investment. Fiat money, currency or whatever term you want to use is under genuine pressure. Lots and lots of countries have debt to GDP at very high levels, even above 100% in some cases, very difficult to repay back. Default isn't exactly an option due to the impact this would have on confidence across the world, so sooner or later we'll probably get some genuine inflation to inflate some of the debt away, that's my working hypothesis! Of course again I could be wrong, but I feel currency as an investment is rather vulnerable and volatile, and will remain so for some time, so I don't mind having money tied up in physical product like Lego, even if physicality also has its own different risks. It's the old adage, do your own research, balance your risks etc, etc.
  2. Found the link. http://bricksetforum.com/discussion/comment/494289#Comment_494289
  3. I wonder when the tipping point will be reached with online fraud and an appropriate level of resourcing? I was reading over on brickset a thread where somebody sold £10k of rare items, polybags etc in a quick period of time before taking the money and running. When I last checked the link he/she had 176 negatives on the obviously shell eBay account. Just imagine for one minute if you physically robbed a sub post office or high street bank of £10k, I can't help thinking the response would be tenfold compared to the often none existent effort placed on online fraud. I reckon within our lifetimes the tipping point will reach and most law enforcement will be solely online. The only area that really seems to be taken seriously in terms of online crime is abuse / indecency etc.
  4. I went out today and saw a bird, I also saw some cows, they were in a hurd, when I got in I had lemon curd, but purchasing Lego was really the word. It's just a shame that although I was spurred, the Lego set I had delivered, was a bit of a turd. yes I think that's enough now...
  5. Wow this forum really has some miserable people on doesn't it...
  6. Has the Ecto-turd retired now? :-D
  7. Agree on different threads, but I think you are confusing bashing with reasoned discusion and critical appraisal. For the UK at least, this is the first time I can remember 7-8 SW sets still not selling based on a direct 50% discount from Lego. That tells me they got demand badly wrong, it's not bashing, it's simple economics.
  8. sales are likely down. It's not going to get better either with some of these big price increases either.
  9. S&H have had 50% off on loads of SW. Resistance troop transporter, Vader tie vs a wing, flash speeder, first order snowspeeder, sith inflitrator etc etc etc something is up this year.
  10. I get the feeling Lego sales are down. I never thought I would see the day where they have to deep discount so many Star Wars products. Normally their deep sale items are stuff like ninjago water bottles, not flagship SW sets. Add to this inflation busting price increases and something feels up. Is the golden age over? hmm
  11. There seems to be some serious over stockpiling of certain sets. Take 75091 Flash Speeder on sale at Lego, half price £17. Sounds good, but check bricklink and there are 380 sets available and only like 14 sales in the last 6 months similar story with the First Order Snowspeeder. What do people make of this???
  12. The reason stuff is bouncing in and out of available and sold out, or at least the rumour going round, is that Lego are cancelling the orders for like 10 etc due to assuming they are resellers. Sith Inflitrator is a very good deal, but a horrible studs showing everywhere model and perennially remade. Resistance Troop Transporter and the Rebels Vader Tie vs A-Wing are both superb deals at 50% off.
  13. They are either lieing, or lucky enough to be in what was estimated to be well under 1% of Irish home owners not affected or avoided their awful crash, brought on by excesses of the EU boom years and cheap borrowed money.
  14. Hi, Local shop has one near me which I see every time I go in. It's £89.99 with slightly damaged box. Pretty certain could get a tenner off. worth getting? Thanks.
  15. Agreed on the Mystery Mansion. Fabulous set, similar to Hogwarts Castle & Monsters Fighters Castle but this in my view is a better design. Really iconic set in my view too. I think this will be a great set to have.
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