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Old 07-20-2010, 08:48 AM   #1
Shawnee123
Why, you're a regular Alfred E Einstein, ain't ya?
 
Join Date: Jun 2006
Posts: 21,206
Quote:
Originally Posted by glatt View Post
I don't get how forever stamps can be a serious investment. They are not legal tender. So you buy a million forever stamps for $440,000 on December 30th. (Let's ignore for a moment exactly how your are going to buy them, and assume it's possible to buy a million stamps at once.) Then on January 2, those stamps are worth $460,000. You just made $20k, right? Wrong. You need to sell those stamps to get your money out. Who are you going to sell a million stamps to? And why would they buy them from you, instead of the Post Office? Everyone who needs stamps will have bought a roll or two of forever stamps just before the price went up. They won't need new stamps for at least a year or so. So you're going to sit on a million stamps for a year, and then open a store to sell them? How long will that take? You'll do all that for a measly $20k? What are you, nuts?

Sure, stock up on a roll or two for your personal use. But stop there.

Yeah, I slyly gave my opinion of the forever stamp here. It was more of a matter of trying to kick start the post office, if'n you ask me.
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