Today’s topic is “What to Put Guy on Your Christmas List”. In another post, we covered the ânon-masculineâ gifts for enlightened men of 2021. Listen, someone’s got to do this so I stumble upon the silly sword, but seriously what is a gift? who keeps giving? What about gold, frankincense, and myrrh?
The first Christmas presents would be hard to beat
By the way, do you know what frankincense and myrrh are? âDerived from tree sap or resin gum, frankincense and myrrh are both prized for their alluring scent. Frankincense is a milky white resin extracted from plants … which thrive in the arid and cool areas of the Arabian Peninsula, East Africa and India. … Myrrh is a reddish resin that comes from … North East Africa and adjacent regions of the Arabian Peninsula. “
Wait, it’s done and it’s now and forever irrelevant!
What about a âgift as an investmentâ for those on your list?
So what else? Well, if you’re like reporter Lance Tormey, you might consider those age-old staples of childhood – toys? Tormey has been collecting for years and part of his collection was on display this year at the Central Washington State Fair. He made me aware of the possibilities that led me to a new study that reveals that a gift of unique toys can turn into a serious collector’s item for the recipient. For example, aftermarket prices for retired LEGO sets are increasing by 11% per year, which is faster than gold, and most stocks and bonds.
An article published in the Research in International Trade and Finance newspaper has discovered that tens of thousands of transactions are completed in the LEGO aftermarket. Even taking into account the low prices of most sets, this is a huge market that is not well known to mainstream investors. In addition, researchers found that LEGO prices are weakly dependent on the stock market, and that they increased even during the 2008 financial crisis.
As Santa Claus, will you consider the unconventional path?
According to a Barclays survey, many affluent people invest around 10% of their wealth in what could be considered conventional physical assets such as jewelry, art, antiques, vintage wines and cars. The demand for such items is strong in other countries such as China, Russia and the Middle East. The more unusual products that may seem less serious to purchase but still have value include: LEGO sets, Barbie dolls, superhero mini figures, or model cars and trains.
This Christmas, you might want to give a gift that will pay off the guys on your list later. (maybe not Barbie?)