Coming May, 2007: a first-class stamp will likely cost 42 cents. But you'll be able to purchase "forever stamps" that will increase in value when the price goes up.
If you could have bought $100 worth of "forever stamps" in 1974, they would be worth $420 when the rate changes next year. You'd have to invest at 4.44% (do the math) to match that rate--not always easy. (And often better than bond rates.)
With stamp values increasing at a consistent rate over time, maybe "forever stamps" will be a good, safe investment--as long as you can figure out how to get past hoarding limits.
Warning: Free investment advice is worthless. Just like stamps in twenty years, when cat flu has wiped out the human race.
1 comment:
That is if you can sell your stamps
at the face value they represent. For example here you can buy stamps LESS face value:
http://www.postlynx.com
Rgds.
Kalle
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