Investing In Lego Bricks For Fun But Mostly Profit 98
First time accepted submitter theideabulb writes "Just as stock investors have portfolios of all different sorts of stocks, Lego investors hold massive collections of Lego sets and can make annual profits that beat stocks. This article is a looking into the world of the little plastic brick that makes money for LEGO fans and a website that helps track peoples' collections to help them track their profits."
I want to say one word to you. Just one word. (Score:4, Funny)
Are you listening?
Plastics
There's a great future in plastics. Think about it. Will you think about it?
Re:Um ... excuse me ... (Score:2, Funny)
... but these people haven't made a "profit" until they have SOLD their holdings.
Who to? Other investors? What if they all sell at once?
Also, if I start trading in Legos do I have to send a bag of bricks to the IRS every quarter? If so can I just go by weight? Do I have to give a fair mix including some of the more desirable blocks or can I just send a bunch of the 4x4 plantar penetrators that no sane person wants near their floor?
Re:Um ... excuse me ... (Score:5, Funny)
When you invest in real estate you have to send a portion of the land and building to the IRS every quarter. And people who invest in gold have to send gold to the IRS every quarter. And people who invest in stocks have to send a few stocks to the IRS every quarter.
So obviously yes you'd have to send some lego to the IRS every quarter.
Re:Um ... excuse me ... (Score:4, Funny)
What if I collect toenail clippings? Does the IRS want in on this?