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

pigpen

barrels of oil.. you'd have to keep them secret from the American government or they would invade to steal it.. but.. in 50 years time it will be worth a fortune!

Gavin83

xXMessedUpXx wrote: »

LEGO

Apparently it's one of 3 things that's value goes up ever year.

At least so I 'm told by my bf....or that could just be an excuse for him to buy more LEGO

I buy and sell Lego and have done fairly well out of it, I more than double my money. However it's not what it once was. At one point you could buy anything and make 2x to 10x your money on it. These days most sets you'll break even on so it now requires a bit more knowledge and luck to make anything. I also wouldn't say it's an extremely long term investment either, I wouldn't keep a set for more than 5 years.

Besides that I think wine and whisky are good bets, as long as you go for the premium stuff, ideally limited edition. Also comic books.

System

Gavin83 wrote: »

I buy and sell Lego and have done fairly well out of it, I more than double my money. However it's not what it once was. At one point you could buy anything and make 2x to 10x your money on it. These days most sets you'll break even on so it now requires a bit more knowledge and luck to make anything. I also wouldn't say it's an extremely long term investment either, I wouldn't keep a set for more than 5 years.

Besides that I think wine and whisky are good bets, as long as you go for the premium stuff, ideally limited edition. Also comic books.

Hes got various sets over the years, quite a few star wars ones. atm hes collecting the erm...creator sets? he has the bank/pet/shop/detectives office etc. Hes planing on buying some of the older ones that are no longer in the shops. Ive seen some of the sets going for abut £300, so in a few years hopefully the sets he have will be worth more.

Still think it may be an excuse to buy more lego :rotfl:

onlyroz

xXMessedUpXx wrote: »

Hes got various sets over the years, quite a few star wars ones. atm hes collecting the erm...creator sets? he has the bank/pet/shop/detectives office etc. Hes planing on buying some of the older ones that are no longer in the shops. Ive seen some of the sets going for abut £300, so in a few years hopefully the sets he have will be worth more.

Still think it may be an excuse to buy more lego :rotfl:

Trouble is you need need to buy two sets - one to play with and one to store...

theoretica

How good is your crystal ball? What you need to do is get in right at the very beginning of things that later become crazes - the very first printing of the first Harry Potter book, for instance or the Apple 1 computer.

onlyroz

theoretica wrote: »

How good is your crystal ball? What you need to do is get in right at the very beginning of things that later become crazes - the very first printing of the first Harry Potter book, for instance or the Apple 1 computer.

I've got an early edition of the first Harry Potter book. The trouble is that my daughter has doodled all over it :mad:

globalds

Think of something everyone will want to get shot of.

Is a pain to store..

And in fifty years if you see one you will go ..Oh yeah ..I used to have one of them ..

theoretica

onlyroz wrote: »

I've got an early edition of the first Harry Potter book. The trouble is that my daughter has doodled all over it :mad:

As the question was what could be bought for kids to inherit and sell, I think you should leave it specifically to your daughter with a note that she has only herself to thank for the loss in value.

Primrose

Collectibles run in cycles. You can bet your bottom dollar that whatever you decide to collect will be regarded as "just a load of old junk" by the time you snuff it.


And you will probably have endured several decades of your wife moaning about all the old rubbish you have been storing in the loft.


Not worth it ! Use the money you would have spent on collectables to invest in some good unit trust ISAs for your kids to build up funds for a house deposit. By the time they're that age houses might be even more unaffordable for kids. than they are now.

barbiedoll

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

It made me laugh because I knew about the helium shortage and Person_one's remark about storage difficulty bought to mind an image of your kids opening the loft in 50 years time only to find 500 sad, deflated "Frozen" balloons, with their inheritance long since wafted away into the ether! :rotfl::rotfl:

How about buying a bar of every variety of Cadbury's "chocolate" (it's not chocolate! :mad:) and keeping them in storage? There seem to be new and ever more ghastly varieties every week, they're not gonna be around for long.

Who could resist a 50 year-old bar of Cadbury's? Your kids will be millionaires!*



*Please note that the value of your investments may go down, as well as up.