i was about to waste all my money until i stumbled across your series. THANKS A TON!!

@JakesBricks

Жыл бұрын

Well shoot! That is high price! Good luck on your investing journey!

I love these videos and just about anything Lego investing. While I didn’t learn anything, it did reaffirm my thoughts. Keep it up. Thanks

@JakesBricks

Жыл бұрын

💪💪💪

Excellent informational video as usual. Fantastic for those of us who are just starting or might be a bit more causal about our Lego investing. Please keep these types of videos coming.

@JakesBricks

Жыл бұрын

You got it! Thanks Michael!

Hi Jake! Big fan! You partly inspired me to start making videos on LEGO myself. Your tips are always on point and your insight is real good! Also the room behind you is SICK!

@JakesBricks

Жыл бұрын

Viking! Love this! Checking out your channel now!

Great series! I really love your no non-sense advice videos.

@JakesBricks

Жыл бұрын

Appreciate that feedback! Thanks so much Maebe!

As someone already mention, LEGO GWPs would also be interesting topics. As I was complaining before, regarding EU vs US LEGO market, with GWPs is a little better. From my experience, selling multiple copies of same GWP is fortunately not in issue. There is still quite strong market and buyers for this limited sets, even in EU. Yes, there are some hit and miss GWP sets, where for a lot of them, we can see so called the race to the bottom and prices on aftermarket plummets, even below LEGO suggested MSRP. Last example is Tribute to LEGO House. But you have some really good ones, that hold the price well, like Blacktron and Forest Hideout. Price threshold, to get this GWPs is another story all together, especially for the recent 40583 Houses of the World. You can also also touch on that topic... 😉

@JakesBricks

Жыл бұрын

Tomy Boy! Excellent comment and I should definitely do a video on GWPS in the near future!

@cookieco4511

Жыл бұрын

This is the most interesting topic

Would be great to see a video on back end fulfillment. Selling platform pros and cons, packaging tips, what frictional costs are with packaging and shipping, etc. awesome stuff!

@JakesBricks

Жыл бұрын

Dan I have this on my video ideas list! Will create this video soon! Thanks for the comment

@eliseychou

Жыл бұрын

@@JakesBricks Thanks! These are great. Watched your other video breaking down shipping and eBay fees. It just strikes me that an entire 1x of your return could be eaten by frictional costs. At what scale could you make it work where you just set up a Shopify storefront and actually pay search engine marketing to drive traffic? Have other investors ever thought about pooling together and setting up a trading/e-commerce platform? Get scale on shipping, marketing costs (which are basically what eBay fees are)?

@JakesBricks

Жыл бұрын

@@eliseychou this is a great question… I would imagine building traffic takes a lot of marketing dollars. And because there’s so many scamming Lego websites out there, it makes me nervous that people would take a while to determine if it was legit.

More great content, thanks Jake ✔

@JakesBricks

Жыл бұрын

💪💪

Love the content. Pls keep up this series, and for some ideas, a q&a may be good?

@JakesBricks

Жыл бұрын

Would love to do a Q&A! Maybe I should go live and do that soon!

Love to watch this content, great video series. Maybe in the future videos you can touch on comparing different markets, especially Europe vs US. Really interesting, how US market is so much stronger regarding LEGO-s overall. Discounts are greater, demand for current and retired sets is way bigger, etc.

@JakesBricks

Жыл бұрын

I really should do a video on this although my knowledge of the UK market is limited

@TSR-u1x

Жыл бұрын

@@JakesBricks Unfortunately UK is not a part of EU anymore. From what I hear, UK has quite strong LEGO market, probably second strongest behind US. Interesting, how LEGO is from Denmark Europe and EU market is lacking behind with quite some margin and it is getting worse and worse, compared to US and UK. Maybe we can only excluded Germany and France, the two richest EU countries.

Jake, I can’t be happier to watch your videos. KZread treated me good yesterday… 😂. I’m also a builder, but found out this hobby is getting a bit out of control…. Not saying I can’t afford, but would like to get some assists. Your insight is very close to mine, but with bigger inventory 😅. Anyway, great videos. Keep up the good work. I followed your IG too.😊

@JakesBricks

Жыл бұрын

Cookie Co! Thx so much! Hope I can help you find your building hobby any way I can!

Hello from France ! I rewatched the first two videos. Thanks and nice work ! Popularity is important also, of sets and themes, even in the long term, just like with the Elvis set. Elvis will always sell at some point. Not all obvious choices are the only good ones, though. So, this is a pretty tricky topic, and would this be your next topic of choice ? You partially touched on it already with the unique minifigures and pieces, and now colors. I think we have a winner here. 🙂

@JakesBricks

Жыл бұрын

Love this analysis thx Marc!!!

Cool I managed to get 10 stranger things Brickheadz for 18£ each all sealed am hoping to sell them all at 60£ soon as they just retirex

@JakesBricks

Жыл бұрын

Boom 💪💪💪

Hey man I live in KC to in Waldo, I’ve been watching for awhile and it has been helpful focusing on sets to invest to fund my collection

@JakesBricks

Жыл бұрын

What up Ryan! I have great friends who live in Waldo! Thx for the support on the channel

@BrickLifeofRyan

Жыл бұрын

Yeah no problem

Please make review on the “boring” type of lego such as World Map… should i sell or hold?

Hey man, love your stuff, i think a cool vid would be to sort of document your own growth as an investor. So, for instance to say..."well year one I bought these x number of sets...then i put all of those profits plus some more income back into the biz for year 2 and bought x type and number of sets etc..." I would find that interesting at least ; ), to see how you went from the beginning to now where you appear to have an inventory valued in the mid 5 figures range at least. Also (and maybe you have covered these) but some of the ups and downs of that journey etc would be interesting...like the HS castle sounds like a win, but maybe you have a few you bought 20 of that never moved etc, and what you learned from that...anyhow good stuff, best of luck bud

@JakesBricks

Жыл бұрын

Mark I love this idea and will def add it to my list of video ideas!

@markc9438

Жыл бұрын

@@JakesBricks awesome man, look forward to it ; )

Love your videos! Esp Lego investing tips! Keep it coming !

@JakesBricks

Жыл бұрын

Thanks S Y!

You should make a video on the selling process. Such as what platforms to sell on and how to package the sets.

@JakesBricks

Жыл бұрын

Will for sure add that to my video ideas list

@cookieco4511

Жыл бұрын

I second that.

Just got started a week ago, I start with Ninjago and City sets, I invest not just to earn money but I like Lego and Toys, even i dont sell it in the future its still a win-win for me. "Invest money that you can afford to lose"

@JakesBricks

Жыл бұрын

That quote is very important! Thx for sharing mucho

Great series !

@JakesBricks

Жыл бұрын

Thx Nikolai

Great film. Great series! Greetings from Poland :)

@JakesBricks

Жыл бұрын

Hey Ari! Thanks!

Another great video my friend

@JakesBricks

Жыл бұрын

Thanks Tony!

GWPs could also be viewed as a variant of the stuff you cover in this video :) Thanks for this series.

@JakesBricks

Жыл бұрын

Very very true I’ll be taking GWPs is an upcoming video

Awesome series! Love the information :) I got a question, how do you figure out that sets are exclusive, or only sold at a target or for the fiat only to uk? Would love you hear from you and keep up the good work

@JakesBricks

Жыл бұрын

This just requires research… I’m connected to lots of KZreadrs, blogs and forums that talk about sets. But brickset.com usually tells us if a set has some exclusivity

@basdeblok2515

Жыл бұрын

@@JakesBricks Awesome! Thanks for answering this fast :) Keep up the amazing work

Just found your channel and been going though all your videos, great stuff and valuable information! I would love to see a video on how you keep track of all your inventory, and how you keep track of the values of each individual set for the aftermarket to decide when you are going to sell it? is this automated for you somehow or do you go through your entire inventory every month and check the values? Great videos, keep them coming!

@JakesBricks

Жыл бұрын

I will have to make a video on this!

What do you think about the BMW M 1000 lego set as an investment? A good investment? Do you think it could become a series set, just like the super cars?

@legomasterswim7336

Жыл бұрын

Maybe but idk think it’ll make you much

@JakesBricks

Жыл бұрын

Not sold on this one yet. Your probably have to find it on discount to make it worth it

@alexanderschraeyen9044

Жыл бұрын

@@JakesBricks yeah I got 2 for 142€ this week, I liked this one very much. And btw, I do like your videos very much! 😁

Enjoy the series!!

@JakesBricks

Жыл бұрын

Thx Keith!

Jake do you ever take advantage of cash back on credit cards to lower buy in price? My local sales tax is ~6%. Depending on which credit card I use and from what store (Walmart card, Amazon card). I can get 1.5-5% cash back. So best case, it helps cover most of my sales tax when I buy my sets. The key is you HAVE to pay it off before you get charged interest by the credit card company.

@JakesBricks

Жыл бұрын

All the time! Rakuten and capital one cash back as well!

Hi Jake I am just starting a collection & investing. How did you start off? Was it a bulk buy or did you just buy some smaller sets then sell for profit to buy bigger sets? Thanks

@JakesBricks

Жыл бұрын

I should probably make a whole video about this! But I started off with a few sets I found at Goodwill!

@adrianharrison7577

Жыл бұрын

@@JakesBricks a video would be fantastic on this please. I am really getting into this Lego investing & finding I am obsessing now 🫣 I managed to get myself started with the following sets over the last few months but I’m now at a cross roads where to go from here. Thanks Lego Star Wars 501st clone troopers battle pack 75345 Lego Star Wars dark trooper attack mandalorian 75324 Lego Star Wars TIE bomber star fighter 7534 Lego Harry Potter first flying lesson 76395 Lego marvel studios Bro Thor’s new Asgard 76200

Thanks for the videos! I’m just getting into this. What do you think about the GWP such as blacktron cruiser. Should we sell now while there is some hype or wait some time for there to be less supply in circulation?

@JakesBricks

Жыл бұрын

9 times out of 10 the best time to sell a GWP is right when you get it! I would say the same is true for blacktron

Hi I am wondering where do you sell sets ?

@JakesBricks

Жыл бұрын

Ebay primarily! But will make a video about that soon

Love your videos dude. I have just started my investment journey! Any tips for the selling market? Currently using eBay.

@JakesBricks

Жыл бұрын

That is where I sell mostly… Amazon is a bigger animal and bricklink is good as well

Where do you find out when lego is retiring a set?

@JakesBricks

6 ай бұрын

Brickfanatics, StoneWars and LEGO.com

Really good and interesting series although I do wonder why you leave it so long between episodes?

@JakesBricks

Жыл бұрын

I’m a busy guy! I wish I could put out content more consistently… I’m just slow at editing and shooting video. Hoping to pick up the pave

I’m interested in price point, like how many sets you buy at retail vs discounted. Basically is it a hard rule to never go full retail or does it simply depend on the set? I see things often discounted at at 20%, which is starting to feel like normal retail. How often do you find sets for 30-40% off?

@JakesBricks

Жыл бұрын

Hey kraxe I might have to add this to my video ideas list to answer it!

Are you selling any of your stranger things Lego sets?I’m interested in 1 for my personal collection.

@JakesBricks

Жыл бұрын

Sold them all already unfortunately

Hey, do you think that i can lose money on a long term investment in a lego set? Im talking about selling it after like 7-10 years. And is it even worth to hold on a lego set for that long?

@JakesBricks

Жыл бұрын

Hey Szymon! This is a tough question to answer. I made a video about this here: kzread.info/dash/bejne/eaKTyqN6k9Gqlco.html The quick answer is no, I don't think any set held for 7-10 years could "lose" money. I think re-release would be your biggest concern. So over the years your investment could go down in value but you likely won't lose money.

@tahukoks

Жыл бұрын

@@JakesBricks thanks

Any word on new Exclusive for Target, Kohls, BnN or Walmart? gotta be some new ones.

@JakesBricks

Жыл бұрын

Let me do some research

So I want to ask about buying sets for opening and for saving closed. I want to open a few but money is an issue, so what would you suggest for opening adult sets and saving money in buying 2 at the very least...

@JakesBricks

Жыл бұрын

Opening a set always reduces the value on that set. But I started this channel to help others fund their building hobby! So if you have a set you have your eye on but you can't afford it then I would recommend buying a few small sets for investing. Let them appreciated then resell them for a small profit to put towards a new set you want. Hope this helps

Maybe the Blue Fiat will start to appreciate more now the yellow one is retired. Time will tell.

@JakesBricks

Жыл бұрын

This is a great point

How much 💵 would I need to start investing into Legos?

@JakesBricks

Жыл бұрын

I started with $100

@FresHkInetingz

Жыл бұрын

@@JakesBricks sweet! I have another question what do you do with your empty Lego boxes?

@pbonbrisco

Жыл бұрын

@@FresHkInetingz he doesn’t open the investment. New legos sells for more. But if you do open then keep the boxes 📦

Are you selling one of the carnage leg heads. was one I missed out on.

@JakesBricks

Жыл бұрын

I do have them... Was going to let them appreciate a bit more but I might be willing to part with one. Feel free to shoot me an email: jake@jakesbricks.com

How deep are you going on the Ahsoka Brickheadz?

@JakesBricks

Жыл бұрын

Don’t have many yet… we will see how long it lasts on the market

How many lego sets you got

@JakesBricks

Жыл бұрын

I’ll need to check I am actually not sure

10:30 dude even does his videos with demand supply 💀

@JakesBricks

Жыл бұрын

😏😏

I'm going to go out on a limb and say it's because almost no one wants a fiat 500 Lego set.

@JakesBricks

Жыл бұрын

You might be right hahaha!