[Normie] What to start collecting now that my kids can sell after i snuff it?

onlyroz

Lego sets apparently have beaten most stock market indices over the last 30 years. Particularly the film tie-in sets like Star Wars. You need to put some effort into making sure they're stored properly though.

System

Person_one wrote: »

Gold, or possibly helium but that's a bit harder to store.

I've been trying to work out what the helium joke is, but i cant get it. I'm going to need that explained

onlyroz wrote: »

Lego sets apparently have beaten most stock market indices over the last 30 years. Particularly the film tie-in sets like Star Wars. You need to put some effort into making sure they're stored properly though.

The kids have lego sets, pretty much all on minecraft but they aren't stored well. I'm forever standing on little sharp bricks :mad:

I might have to lock them away though because minecraft is popular and those sets could be worth a few bob in 50 years

foolofbeans

Spinkz wrote: »

I've been trying to work out what the helium joke is, but i cant get it. I'm going to need that explained

I assume the punchline is that helium always goes UP! Or some other inflation joke.

System

foolofbeans wrote: »

I assume the punchline is that helium always goes UP! Or some other inflation joke.

Oh no

I'll put that down to being tired!

mellymoo74

Spinkzy
Really good high five separates
Morantz (spelt wrong it's an OH think not a me thing) creek etc music sounds amazing and at the very least it holds its value

Person_one

Spinkz wrote: »

I've been trying to work out what the helium joke is, but i cant get it. I'm going to need that explained

Oh it wasn't a joke, its a serious investment suggestion, if your garden's big enough.

http://www.bbc.co.uk/news/magazine-24903034

Prothet_of_Doom

Mr_Toad wrote: »

We've all seen what happened to classic cars, prices went mental than dropped through the floor. They are on the up again at the moment but......

During the 80's there was collusion amoungst classic car specialists, who played a game, where they ramped up the prices of various classics, by each buying each others cars, in an incestuous game of random looking transactions at auction and shows. The private punter barely got a look in, as most transactions went at high prices which well publicised in classic car auction reports to buyers within the cartels. But it was "funny money"
Occassionally they'd let the punter in, and they'd pay tens of thousands more than they would have done just months previously.
Eventually the bubble burst, but so what. They still had the approximate stock they had previously but had sold a few a vastly inflated prices.

In my humble opinion, invest in memories, or something you really love.
My father in law has collected a load of children's books from the 1930's and 40's. Whole series. He's spent a fortune, on first editions, and specials. He is quick to point out that the kind of people who used to collect these are old and dying out, so when their relatives try to sell their collections, they find that actually there are less people interested than 20 years ago, and those people have everything they need, so despite insuring his collection for thousands, he believes that when the time comes, they may not reach anywhere near what he paid for them.

Mind you - Austin All-Agro's have you seen the price of them :eek:

onomatopoeia99

A Porsche 993, last of the air cooled flat sixes, prices just keep going up.

Or a two door Mk2 Ford Escort, which if the shell is sound might be worth more than a Porsche.

AnotherJoe

It's impossible to forecast what will be worth a lot of money in 50 years. Nothing that's collectable now is about as definitive as you can get. The reason things fetch a good price is rarity amd fashion. So, anything people are collecting now won't be rare, so won't be worth much, and who can say what fashion will be in 50 years time.
When my FIL died I looked through his CD collection, one was worth a lot of money because it was one of the first released, nothing else really worth much, but saying that he'd had the foresight to keep this CD would be wrong, it was just luck. Most likely same will be true with mothers vinyl, eg her tastes just happened to coincide with what's fashionable now, unless she was deliberating collecting say Elvis first edition pressings or similar. And whose to say if people will want those in 50 years time ? The pool of Elvis fans will most likely significantly decrease, if he went out of fashion altogether they would be worthless.

In summary, it's a mugs game trying to double guess the future like this.

makingplans4nigel

Invest in hearing aids. Most young people are likely to be going death in 20 years time, what with the popularity of modern headphones being very loud.