Jump to content

Craigslist ad: "selling" his online Lego business


Kenxxx

Recommended Posts

They could have got cold feet due to bubble talk or too many QFLLs in their area,recieved a big tax or house repair bill, lost their job or any number of spousal conflict issues relating to how that spare room should really be used!

 

With so much SW you would expect to hold until the movie but maybe their thinking is to sell now at an acceptable Price to a noob investor who wants to get in quick and thinks they can double their money.

Link to comment
Share on other sites

This makes me think, would you guys sell your entire lot for it's current brickfolio value? I probably would, one easy sale. Just start over after that. 

 

Not a chance. Our current brickfolio does not have a single ounce of fat on it. Don't take the easy way out. Sell those losers one at a time and remember the pain. It will stop you from "diversifying" and help you focus on the handful of winners in the future.

  • Like 2
Link to comment
Share on other sites

Not a chance. Our current brickfolio does not have a single ounce of fat on it. Don't take the easy way out. Sell those losers one at a time and remember the pain. It will stop you from "diversifying" and help you focus on the handful of winners in the future.

 

I don't have losers. My thought are more towards one easy sale vs individually selling hundreds of sets. Will still profit nicely but leave much on the table in exchange for an easy cash sale. Just thinking out loud a bit. It could be worth it. 

Link to comment
Share on other sites

One sale would save countless hours of work selling them individually. It would depend on how much of a discount I'd have to give (for buying all) but I'd do it, especially if you could cherry pick out a few modulars/exclusives that havn't appreciated much yet.

Link to comment
Share on other sites

This makes me think, would you guys sell your entire lot for it's current brickfolio value? I probably would, one easy sale. Just start over after that. 

 

Having not actually built the brickfolio for the investment room yet I can't really say, probably, but if there was an interested party in buying the entire BL store in one shot at %50 current inventory average I would certainly consider it. That would enable me to just invest & not have to deal with the spiralling black hole of selling time... such a simpler life that would be :-) 

Link to comment
Share on other sites

This makes me think, would you guys sell your entire lot for it's current brickfolio value? I probably would, one easy sale. Just start over after that.

Under this scenario, yes. I'd be fine starting over. There are always good investments to be made, always things to QFLL. I know the value of my brick folio exceeds my cost, so it's a win.

I wouldn't hold anything. I'd be fine giving up everything, including retired exclusives with growth potential.

  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...