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Started By
Message
Forever Stamps have outperformed the US bond market since inception
Posted on 7/26/23 at 11:23 pm
Posted on 7/26/23 at 11:23 pm
5
Posted on 7/26/23 at 11:40 pm to Street Hawk
What index fund can I buy to track this?
Posted on 7/27/23 at 12:32 am to Street Hawk
The math isn’t checking out completely. I have stamps at 2.92%, and backtesting bonds and stocks, the bonds have different annual returns, at 2.91%. And while the same returns for stocks, but at 9.22%.
After double-checking they seem to have counted 2023 as a full year, instead of a half (so 17 vs. 16.5).
After double-checking they seem to have counted 2023 as a full year, instead of a half (so 17 vs. 16.5).
Posted on 7/27/23 at 5:43 am to Witty_Username
I need a Time Machine to go back to 2007 and buy one million stamps for 41 cents and hold them until 2023 to sell them in 2023 for 66 cents for a profit of 25 cents per stamp or a profit of 250,000.
You could probably make more money selling to collectors than postage use.
You could probably make more money selling to collectors than postage use.
This post was edited on 7/27/23 at 5:44 am
Posted on 7/27/23 at 9:45 am to Street Hawk
quote:
outperformed the US bond market since...2007
Pretty much everything has outperformed the bond market since 2007 - especially since QE1 in 2008.
Posted on 7/27/23 at 7:28 pm to Street Hawk
who sends mail, anymore? 
Posted on 7/27/23 at 9:39 pm to Street Hawk
I have a huge container of stamps from my dad when we used to collect together. He always said they won’t lose their value… to a kid that spent all his $ on baseball cards the years (early 90s) before that 
Posted on 7/29/23 at 7:58 am to Tarps99
quote:
I need a Time Machine to go back to 2007 and buy one million stamps for 41 cents and hold them until 2023 to sell them in 2023 for 66 cents for a profit of 25 cents per stamp or a profit of 250,000.
You'll also need to find plutonium to generate the 1.21 gigawatts of electricity.
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