Investing In Gold May Be A Mistake. You Should Be Investing In…

… apparently Legos.

Yes, Legos are apparently a better investment than gold. As the mother of a little boy, I can see it. I could definitely see it when I paid for the Jokerland Lego playset. Yes, it hurt badly. And yes, my husband and I dutifully put it together.

Granted, I like Lego sets too. They have sets geared towards adults such as the Lego Architecture series, and several of the Creator series are worthy of adults. Frankly, if they make a Lego set in your niche, it doesn’t matter how difficult they are. If you like it, you just like it. I actually have this set squirreled away on the top of my shelf hidden for after bedtime. No, I do not like to share my toys.

However, can you bank money on your Lego sets? If they are in their original boxes and in mint condition? Sure.

The Telegraph conducted an analysis that revealed Legos CAN yield significant returns and when compared to gold, the yield can be more. The value of sets has increased 12 percent in value each year.

“Certain sets which cost less than £100 ($208) are now selling for thousands on the reseller’s market. In contrast, investors who bought gold received an annual increase of 9.6 percent in value over the same period… and had an average annual return of 4.1 percent since February 2000.”

…Is it too late to put Jokerland back in the box?!

How seriously do people really take this? Apparently very.

Still hard to believe? Check out the Lego set stock exchange, Brick Picker.

So, would I go and sell all my gold to invest in Lego sets? No, of course not. That would be silly. What if they fizzled out and some new toy craze took over? How many people banked their retirement on TY Beanie Babies? Too many. Items are only worth what people will pay for them. Right now, people may pay big bucks for Lego sets, but in 10 years that’s no guarantee. Gold will always be worth something.

But, would it be a neat experiment to buy a popular set from a store, hang onto it for a year or two and see what you could sell it for then? Sure.

“That means anyone with a set at home – large or small, it doesn’t matter – could have quite an investment on their hands if it’s in good condition, as this stuff appreciates very well in value”

I have a decision now to make whether to open my Lego set or hide it away for a year or so. Checking the Brick Picker site, its value has actually gone down. Oops! Looks like I’m putting that thing together tonight!

Featured image by Alan Chia via Wikimedia Commons under CC BY-SA 2.0.