We’re constantly told that we need to start saving for retirement as early as possible. And while setting aside a certain amount of money each month is an easy way to get your retirement fund started, it’s also a little, well, dull. But it doesn’t have to be that way.
You can start investing today, and we’re not talking about equities and stocks, and what not. We’re talking about really cool investments that can help you build a fortune for the future – even before you retire.
It’s official: LEGO is a better investment than shares or gold, according to The Telegraph. In fact, the popular toy’s value has increased by 12% since the turn of the millennium. And some sets can fetch thousands of pounds on today’s collectors market: the Ultimate Collector’s Millennium Falcon set is currently worth $4,300. It was originally sold for $500 when it was first released back in 2008. Likewise, the Taj Mahal is worth $3,000 with an original retail price of $300.
And you don’t have to actually buy any LEGO to make a fortune. Just head to the beach in Perranporth, Cornwall in England where LEGO pieces still wash up on the shore today, 18 years after a container fell into the sea back in 1997. The estimated 5 million LEGO pieces include dragons, swords, octopuses, and daisy flowers, which can all be sold to collectors on sites like eBay.
2. 'Harry Potter' First Editions
When Harry Potter and the Philosopher’s Stone (or Sorcerer’s Stone in the States) first came out in 1997, no one could’ve imagined how successful it would be – especially the woman who wrote it, J.K. Rowling. Seven books and eight movies later, the Harry Potter franchise revenue is estimated at almost $25 billion.
The UK hardcover first edition had an original print run of 500 copies, 300 of which were sent to libraries. The remaining 200 copies are the most valuable and considered the Holy Grail of Harry Potter books: they can fetch up anything between $40,000 and $55,000, depending on condition. Meanwhile, a signed copy of Harry Potter and the Goblet of Fire can have a $10,000 price tag, and signed copies of Harry Potter and the Prisoner of Azkaban can sell for $12,000.
Vinyl records are steadily making a comeback. In the UK, vinyl record sales experienced an all-time low with just a little over 205,000 being sold in 2007; that figure increased to 1.3 million in 2014. The States saw a 57% increase in sales and a staggering 127% in Australia, so the demand is definitely there.
And some records can fetch quite a bit of money. Like David Bowie’s 7-inch single “Space Oddity/Wild Eyed Boy From Freecloud”, for example, which is worth an estimated $4,700. Or a copy of “God Save the Queen/No Feelings” by the Sex Pistols, which recently sold for $20,000.
The most valuable record ever is the Wu-Tang Clan’s limited edition double album "Once Upon a Time in Shaolin." Only one copy was made and sold to a private collector for “millions” earlier this year.
Do you own any of these items, you lucky thing? Do you have any tips and tricks you’d like to share with new collectors and investors? Let us know in the comments section below!