With the rising popularity of Lego toys and collectibles, there has been growing interest in investing in Lego sets as an alternative asset class. Several platforms and apps now enable Lego fans and investors to buy, sell and manage Lego portfolios. These apps provide tools to track Lego set growth and calculate potential returns.
Lego investment apps tap into a lucrative secondary market
The Lego secondary market has seen significant growth recently, with some rare and discontinued sets fetching extremely high prices at auction or on platforms like eBay. For instance, the 2007 Millennium Falcon set now sells for over $4,000, a massive return on its original $500 retail price. Apps like BrickVest leverage this by letting users buy into a professionally managed Lego investment fund, while BrickLink’s app has a price guide to track valuations.
Automated portfolio management maximizes Lego investing profits
Lego investing apps use algorithms to optimize the buying and selling decisions for your portfolio based on historical price data and current market rates. This automated management can help investors maximize returns by identifying sets that will likely appreciate in value based on past trends. Apps also enable easy portfolio monitoring, sending alerts for beneficial trades or when certain milestones are reached.
Lego investing platforms enable fractional ownership
While some Lego sets command hefty price tags, Lego investing apps allow fractional ownership so investors with smaller budgets can still participate. By buying shares in expensive, rare sets, fractional ownership enables access to top-tier appreciation potential without needing deep pockets. Apps fractionalize ownership and payouts when sets are eventually sold.
Dedicated Lego exchanges offer investment security
Purpose-built Lego investing apps provide more legitimacy around buying, holding and selling Lego sets compared to general marketplaces. By establishing specialized Lego exchanges with portfolios, valuations and fractional ownership, these platforms aim to make Lego a serious investable asset class akin to stocks or real estate. Strict storage, insurance and trading protocols provide protections absent on informal platforms.
In summary, Lego investing apps and platforms tap into lucrative secondary markets and employ automation and fractional ownership models to help investors capitalize on the rising valuation of Lego sets over time. These dedicated Lego exchanges bring more structure for managing Lego portfolios as alternative investments.