New York: Not gold bars, not bonds, and no stocks either. The hottest new investment is Lego sets. Well, if this latest study is to be believed. According to a research paper, titled Lego – The Toy of Smart Investors, Lego sets have high collectible value. The study claims that Lego investments outperform large stocks, bonds, gold, and other alternative investments. The average return is at least 11 per cent, as observed in the sample period from 1987-2015.
Thematic sets deliver even higher returns. Recently, Chevrolet made a life-size truck entirely out of Lego bricks. Although Lego returns are not exposed to market, value, momentum, and volatility risk factors, they have an almost unit exposure to the size factor, making Lego toy an attractive alternative investment choice.
