Investors look at toys, Lego for the next big bucks
BUSINESS
By Rich Murphy

2017-02-21 03:36:17

Investors are looking for new ways to make money and they are looking at an unexpected place - toys.
CGTN's Phil Lavelle reports.
Investors and collectors are finding a fortune in toys like Lego - the little plastic bricks can be worth their weight in gold.
Since 2000, the price of gold's risen - on average - 9.6 percent a year while some Lego box sets have gone up 12 percent annually.
That is a lot of money for what are essentially, small pieces of colorful plastic. But there is a caveat-you better not open the box.
"As soon as you open it, they lose 10-20 percent of the value.." collector Thomas Mueller said. "It's a huge part of my pay check and I probably spend more than some people make."
Lucrative Lego includes the original Star Wars Millennium Falcon - once $400, now worth around $3500. And the Taj Mahal, originally $250, now worth nearly ten times that.
So if you have Lego, which you're desperate to open, hold on a second - and listen to this.
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Investors look at toys, Lego for the next big bucks

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