Typically, I am busy putting charts on this page, unfortunately, nobody has contacted me specifically about any charts. By that reason, I believe that is a very contrarian view that the market is going a lot higher before it has the correction everyone wants to have so they can try to 'buy low'.
So I wanted to dedicate todays post (and very possibly future posts), on some investment ideas that I think make good cash flow sense. Does anyone remember toys? With all the computer programs, games, and wireless devices around growing up these days is a lot different than most people have experienced since the beginning of mankind. Although I grew up with Atari and Nintendo, a large part of my childhood was playing board games and collecting toys. Had I saved those toys in their original packaging, I would be sitting on a small fortune. Toys today are more designed to be collectibles and not necessarily something to play with. I think one of the best toys to focus on with an option to resell later are Lego Toys. Lego building blocks were first created in 1949 and they are as strong as ever. Lego has so many license deals with different Entertainment Companies, they have become the ultimate toy for literally all age groups. Currently Lego makes different themes (ie. Star Wars, Harry Potter, Lord of the Rings, etc.) as well as some general categories. What Lego does is make certain amounts of Lego sets during different time frames then they retire the set meaning they do not create anymore. Because there is such a cult out there for Legos, people go out great lengths to snatch up all these Retired Lego Sets, because the window of opportunity to own Lego sets closes pretty fast. Adding themes to Legos has added additional audiences fueling demand for their product. Obviously there's no guarantee that Lego's will appreciate, but given that many do not buy toys anymore, because they are busy playing with their handhelds. I believe that if you apply the basic laws of economics when it comes to low supply (ie. nobody buys as many toys; hence, nobody creates them as much), price plays a bigger role as it becomes a function of demand. Low supply has a higher probability of attaining higher demand as it has a finite remaining amount. So go out and buy yourself a Lego Set. You might find yourself buying two, one to build and the other to keep in the closet for 7 years so you can double your money due to inflation.
