How to make money as a hobby

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3 years ago

I was talking with friends I met after a long time, and a friend who had been collecting commemorative coins since childhood told me an interesting story. He also buys coins for collection purposes, but sometimes he buys more and does financial technology. What else is it like to be able to earn money while enjoying a hobby?

 

Hello~ This is an award-winning research institute.

In order to tell the story on an interesting topic today, the award-winning research institute looked out from the crowd. There were so many unique investment destinations in the world. First is Lego! According to the Daily Telegraph Internet version, Lego investments have an expected return of 12%. It is a story that it will be 112,000 won a year after purchasing a LEGO product worth 100,000 won! The cafe corner, one of the most famous products, recorded an increase of over 2000%.

 

Wouldn't it be a great hobby if you could make a stable 12% profit?

In fact, should I try it after hearing this story? I think I think first. So I decided to make a plan for all of you who would think similarly. What if I bought 10 million won worth of Lego by product and sold it exactly two years later? Assuming that a 12% annual profit is guaranteed, a profit of 2,544,000 won can be realized after two years. Instead, there are a few things to consider. In order to be recognized for proper value, the product must be in the same condition as the new product. Especially for enthusiasts who buy Lego even with more money, even the box containing the product is a factor that determines the price. Besides, if you want to store bulky LEGO products in bulk for financial purposes, you may need to have an empty warehouse at home!

There is also a hobby that quite a lot of people know these days. It's a collection of sneakers. Sneakers that were released for around 200,000 won are sold for hundreds of thousands of won right after they are released. Because of this, there are even people who buy it professionally these days, like a job. It’s difficult to buy, so it’s the rice cake of the picture? The correct answer is NO! Shoes that have already been traded for hundreds of thousands of won since their price has already risen immediately after release are sometimes transformed into super high-end products that cost millions of won in a few months. If you look at the related community, there are many stories that the shoes that were sold for 800,000 won immediately after the release were not purchased because they were expensive compared to the list price, but now after a year, millions of won, or even calling, became a price, and they regretted hitting the ground.

 

So, are Lego and sneakers the best investment?

Fashion changes. What everyone wants to own now can become a collection that is not even traded in a year. Also, depending on the stock, the time to realize profits is very long, so it belongs to a method with a very high risk. In addition, since the basis for predicting what value the product will have in the future is only the taste of the buyer, it is necessary to know well about the hobbies and to choose items. Moreover, these investments do not have even the least safeguards to protect valuable assets. Please enjoy your hobby as a hobby. If it is a field you really love, your eyes will be cultivated, and small investment profits will naturally follow.

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