Investing in collectable Lego could earn you more than gold

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It's fair to say everyone is always looking for the next best way to make a buck or two. Most people try the share market or crypto but, researchers believe collecting Lego could be the best way to be the next millionaire.

A new study has found that investing in collectable toys, such as Lego, could be more lucrative than pouring money into gold.

Researchers at the Higher School of Economics in Russia found that the secondhand market for the popular toy rises in value by 11% every year.

‘We are used to thinking that people buy such items as jewellery, antiques or artworks as an investment,’ says Victoria Dobrynskaya, an associate professor at the Faculty of Economic Sciences at HSE.

‘However, there are other options, such as collectible toys. Tens of thousands of deals are made on the secondary Lego market.

‘Even taking into account the small prices of most sets, this is a huge market that is not well-known by traditional investors.’