Connect with us

Social Stories

Study: Investing In LEGO & Other Collectibles Better Than Investing In Gold

Published

lego more lucrative than gold
Source: LEGOSTOPSFILM/Youtube & The Guardian.

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

A recent study by the Higher School of Economics (HSE) University in Russia has found that the market for secondhand LEGO and other ‘unusual goods whose purchase might seem less serious’ is more lucrative than investing in gold, art and wine.

The study, titled ‘LEGO: The Toy of Smart Investors’ was made by the HSE University economists and was published in the Research in International Business and Finance Journal recently. It found that the market for secondhand LEGO rises in value by 11% annually, a faster and better rate of return than gold, stocks, bonds, stamps and even wine.

Furthermore, the researchers also found that there could be lucrative gains to be made from investing on collectible toys such as LEGO sets, Barbie dolls, superhero mini figures or model cars and trains. Victoria Borynskaya, an assosiate professor at the Faculty of Economic Sciences at HSE commented,

“We are used to thinking that people buy such items as jewellery, antiques or artworks as an investment… However, there are other options, such as collectible toys.”

F0EF5BDF 9ED8 4FBE B97E 8BDBC4DF2122

For illustration purposes.

“Tens of thousands of deals are made on the secondary Lego market. Even taking into account the small prices of most sets, this is a huge market that is not well known by traditional investors.”

The study looked at the prices of 2,322 LEGO sets from 1987 until 2015 and found that the limited production run, collector special editions and scarcity on the secondhand market have made the prices of collectibles to rise up over the years. Do note that only the sales of new unopened sets were selected.

Particularly, the LEGO sets produced 20-30 years ago make fans nostalgic and their prices have gone through the roof. However, despite the high profitability of LEGO sets on the secondary market in general, not all sets are equally successful. One must study the LEGO market or be a real fan to sort out the market nuances and see the investment potential in a particular set.

What do you guys think of the revelation in the study? Would you be ditching the traditional stocks and bonds investment for LEGO? Share your thoughts with us in the comments.

 

Also read: LEGO Expects To Sell Toy Bricks Made Out Of Recycled Plastic Bottles Soon!

lego ft w

Source: The Guardian

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

expoft expoft
News11 hours ago

Baby Expo Exhibitor Displays Jalur Gemilang Without Crescent Moon, Apology Issued & Kiosk Forced to Close

In another mix-up with the Jalur Gemilang, TCE Baby Expo which is happening at a major shopping mall in KL...

collage 67 collage 67
News19 hours ago

Bangladeshi Man Makes RM55K in KL a Month After Marrying M’sian Woman, But Employs Illegal Workers

A Bangladeshi man makes around RM55,000 a month in Brickfields, KL, after marrying a Malaysian woman. The man gains massive...

collage 65 collage 65
News19 hours ago

“No forgiveness!” – Bumiputera Rights Activists Want Newspaper Outlet Editors to be Fired Over Flag Error

Despite its apology following the Jalur Gemilang error, a group of Bumiputera rights activists from Wira Perkasa Malaysia gathered outside...

collage 64 collage 64
News19 hours ago

“We need stricter actions!” – Dr Akmal Slams Ministry’s Special Briefing Plan for Media Outlets After Flag Error

The Communication Minister, Datuk Fahmi Fadzil, said a special briefing on the proper display of the Malaysian flag will be...

anwarft anwarft
News1 day ago

“Clear display of extreme arrogance” – PM Anwar Slams US Political Commentator for Insulting Malays

A few days ago, amid the ongoing China-US trade war and Chinese President Xi Jinping’s visits to Vietnam, Malaysia, and...

epfft epfft
News1 day ago

EPF Bars 12,787 Directors from Leaving M’sia Over Unpaid Employee Contributions

The Employees Provident Fund (EPF) has prohibited 12,787 company directors from leaving the country due to unpaid employee contributions. According...

chloe FT 13 chloe FT 13
News2 days ago

Engineer Accused of Using Pen Camera to Film Late Wife’s Sister in Melaka Bathroom Pleads Not Guilty

A widowed engineer pleaded not guilty at the Magistrate’s Court today (April 18) to charges of recording a video of...

chloe FT 10 chloe FT 10
News2 days ago

“Recent changes in global trade rules” – Temu & Shein to Hike Prices in Response to Trump’s New Tariffs

Trump just slapped a 34% tariff on all Chinese goods, and he’s threatening to throw on another 50% if China...

Announcement

Latest Videos



TRENDING TODAY