Rewrite Why Buying New LEGO Sets Is A Mistake from Youtuber- Brick Bucks
Hey there Lego investors! Today, I wanted to touch on a point made in a recent video from Brick Bucks titled “Why Buying New LEGO Sets Is A Mistake 🚫.” The main takeaway from the video is that purchasing brand new Lego sets may not be the best strategy for maximizing your investment.
The video points out that new Lego sets tend to sit on shelves for a year or two before they retire. This means that if you’re buying them with the intention of reselling for a profit, you could be looking at a 3-4 year hold time before seeing a significant increase in value. The alternative suggested in the video is to focus on sets that are retiring soon, as this will result in a much shorter hold time and quicker growth of your money.
This is definitely an interesting perspective to consider for those of us looking to make some extra cash from Lego investing. Keep in mind, however, that different sets and themes may have varying levels of demand and potential for profit. Factors such as popularity, rarity, and exclusivity should also be taken into account when making investment decisions.
As always, it’s important to do your research and stay informed about the Lego market. And of course, make sure to follow for more Lego investing content to stay up to date with the latest tips and strategies. Happy investing!
Check out this video from Brick Bucks here
