lsinclair
pfm Member
Invest in Lego and try to beat the banks! The idea for the Challenge came from [post=2966510]Tony’s post in his Lego Yellow Submarine thread[/post]. I had also been looking for an unusual way of investing a small amount of money in these near-zero-interest times and thought it was a great idea. I asked him if he would take part in a good-natured contest and he agreed. Over a period of time – nominally ten years – we would monitor the progress of our Lego investments and see if we would have been better or worse off sinking the money into ISAs, gold, coffee futures, LS3/5As etc.
The more the merrier, so why not join in? Get yourself a Lego portfolio, post the individual items and price paid here, then lock it away in a cupboard. Only factory-sealed boxes are eligible! When we start – January 1, 2017 seems as good a date as any - I’ll try to knock up a spreadsheet with all the participants and their items and update it every three months or so with current prices from one of the Lego investment sites. The idea is really to restrict ourselves to current Lego sets, but I suppose retired ones could be included if we use the current market value as the starting price.
Please remember this is all totally informal and may fall apart – but even if it does you’ll still have your Lego investment!
Participants so far:
lsinclair
Tony L
Still
farfromthesun
deanf
edit: The challenge is now underway, but you can join in at any time. Just post in this thread, mention your wish to participate and give a list of your holdings together with the price paid (if real) or current retail price (if imaginary.)
The more the merrier, so why not join in? Get yourself a Lego portfolio, post the individual items and price paid here, then lock it away in a cupboard. Only factory-sealed boxes are eligible! When we start – January 1, 2017 seems as good a date as any - I’ll try to knock up a spreadsheet with all the participants and their items and update it every three months or so with current prices from one of the Lego investment sites. The idea is really to restrict ourselves to current Lego sets, but I suppose retired ones could be included if we use the current market value as the starting price.
Please remember this is all totally informal and may fall apart – but even if it does you’ll still have your Lego investment!
Participants so far:
lsinclair
Tony L
Still
farfromthesun
deanf
edit: The challenge is now underway, but you can join in at any time. Just post in this thread, mention your wish to participate and give a list of your holdings together with the price paid (if real) or current retail price (if imaginary.)
