- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Investing in Forever Stamps!
Posted on 7/6/10 at 10:39 pm
Posted on 7/6/10 at 10:39 pm
With stamps set to rise in price from 44 to 46 cents, everyone should invest their retirement in Forever stamps.
Anyone have to be a market maker for bulk stamp sales?
Anyone have to be a market maker for bulk stamp sales?
3
Posted on 7/7/10 at 8:14 am to jglass3lsu
I guess it would be kind of like investing in penny stocks, but with a certainty of very modest gain....if only there were bulk buyers.
Posted on 7/7/10 at 9:24 am to jglass3lsu
I like these stamps only because I don't use snail mail very much, it used to be that I'd buy a book of 20 and not use them all before the price went up again, and that's a hassle.
But other than that it isn't a great investment, as others have pointed out it basically keeps pace with inflation and that's about it.
But other than that it isn't a great investment, as others have pointed out it basically keeps pace with inflation and that's about it.
Posted on 7/8/10 at 9:41 am to jglass3lsu
If you can buy them shortly before an increase then the 2 cent increase coming up would be a %4.5 return. Which is fine if you only have your money tied up for six months. Continuing to hold them for future increases would barely outpace inflation.
Also, how easy would it be to sell 100k stamps for full price? I would guess you would have to spend some time finding buyers and storing them safely would involve risk or more money.
ETA: sarcasm noted, it is still something some people have though might be a good idea though.
Also, how easy would it be to sell 100k stamps for full price? I would guess you would have to spend some time finding buyers and storing them safely would involve risk or more money.
ETA: sarcasm noted, it is still something some people have though might be a good idea though.
This post was edited on 7/8/10 at 9:43 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News