Dan Hyde, writing for The Telegraph:
The value of the FTSE 100 is no higher than it was in February 2000, meaning the average annual return to savers over the past decade and half is just 4.1 per cent once dividend payouts are included.
By contrast, Lego sets kept in pristine condition have increased in value 12 per cent each year since the turn of the Millennium, with second-hand prices rising for specific sets as soon as they go out of production. Modern sets are performing even more strongly, with those released last year already selling on eBay for 36 per cent more than their original price.
Who knew? Lego has its own bubble.
Hasn’t this been the case for decades, not just turn of the millennium? Of course it depended on the set but stuff like the Monorail sets have always commanded seriously high prices once they were out of production. Guess the difference now is there’s a bigger adult market and licensed sets that go out of production fairly quickly coupled with easy ways to sell like Amazon and eBay.
ummm – so were baseball cards – until the market collapsed – then baseball cards were GOLD! Maybe this was in the 90s. What is anything worth? Why is everything worthless and why is “the street” retarded? The World will never know.