Hey, all! I recently got into the idea of Lego investing and have been doing extensive amounts of research. Essentially, I've sold my soul to the US Marine Corps, and after my contract is up I plan on taking a year or so to do some traveling. I already have started putting money aside and plan to continue to do so for the remainder of my five year contract, and though this may leave me with a healthy sum to fall back on, I recently stumbled upon the idea of LEGO investing and thought that some long term investments may give me a substantial boost to my travel funds.
My plan is this: I'm currently employed at LEGO store, which offers me a small discount on lego sets. (won't disclose which one, hope you understand.) However, I will only be employed there for a month or two longer, as my report date is rapidly approaching. My thought is that I might be able to purchase some sets now while I can afford them, and store them away for five years while I complete my service. (A definite long term investment). In the Corps I doubt I'll have the time or diligence required for any form of short term investment, or even long term investments of two years or shorter (because of the likely travel while I'm in, it will be difficult to ship sets from my planned storage location).
However, I am a novice at this entire thing. Should my plan be altered? Is a five year long term investment not viable, and if so, for what reasons? What sets being currently produced should I be interested in for a five year engagement, and why? These are the questions I seek to find answers to on these forums. I've been skulking around for a few days now trying to absorb as much knowledge as possible, hopefully some of you can provide me with even more. In a day or two I'll probably be posting more in depth lists and information as to what sets I'm keeping an eye on and what sets I currently own. Hopefully my current place of employment may help me to shed light on what rumors are floating around regarding currently produced sets, hopefully I can prove as helpful to you as I hope you will be to me.
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Hey, all! I recently got into the idea of Lego investing and have been doing extensive amounts of research. Essentially, I've sold my soul to the US Marine Corps, and after my contract is up I plan on taking a year or so to do some traveling. I already have started putting money aside and plan to continue to do so for the remainder of my five year contract, and though this may leave me with a healthy sum to fall back on, I recently stumbled upon the idea of LEGO investing and thought that some long term investments may give me a substantial boost to my travel funds.
My plan is this: I'm currently employed at LEGO store, which offers me a small discount on lego sets. (won't disclose which one, hope you understand.) However, I will only be employed there for a month or two longer, as my report date is rapidly approaching. My thought is that I might be able to purchase some sets now while I can afford them, and store them away for five years while I complete my service. (A definite long term investment). In the Corps I doubt I'll have the time or diligence required for any form of short term investment, or even long term investments of two years or shorter (because of the likely travel while I'm in, it will be difficult to ship sets from my planned storage location).
However, I am a novice at this entire thing. Should my plan be altered? Is a five year long term investment not viable, and if so, for what reasons? What sets being currently produced should I be interested in for a five year engagement, and why? These are the questions I seek to find answers to on these forums. I've been skulking around for a few days now trying to absorb as much knowledge as possible, hopefully some of you can provide me with even more. In a day or two I'll probably be posting more in depth lists and information as to what sets I'm keeping an eye on and what sets I currently own. Hopefully my current place of employment may help me to shed light on what rumors are floating around regarding currently produced sets, hopefully I can prove as helpful to you as I hope you will be to me.
Cheers,
Tokyo.