LEGO Investing: The Complete Beginners Guide

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·@adzrobinson·
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LEGO Investing: The Complete Beginners Guide
Hi all, 

Welcome to this very special LEGO investing video. So I wanted to create a very detailed course on how I go about investing in various LEGO sets. I really wanted to take some time on it and provide you with as much value as possible. As many are aware I love LEGO both building it and make money from it. 

I first realised it might be a good investment about 18 months ago after I was selling more and more of it for short term profit on Amazon. I realised there was and still is huge profit potential with this form of investing, so over time I created a five step process that I use to help me identify a winning set. These steps are as follows: 

1. Check Brickset - Has the set retired? (also double check on the LEGO website). How long has it been retired (if any amount of time) and what is/was the shelf life of the set? 

2. Check Google shopping, looking for a low supply of retailers such as supermarkets, large toy shops selling the product, the fewer the better. 

3. Check Amazon price, sales rank and number of FBA offers using the seller app. Is the set selling for a good percentage above retail price?

4. Similar to the above, check ebay data this time both the current prices and number of active listed products to judge supply and work out the average sold price by selecting the sold listing option. Again you want to see the set selling for above retail price. 

5. Search for the product wherever you can. Local supermarkets, toy shops, the 100th page of Google, the sky is the limit. Also remember to try to find the biggest discount on the product to mitigate your risk. 

https://www.youtube.com/watch?v=4wA_3sY9akM
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