The humble stamp is now one of the best investments around, because you can’t lose money on it. From now on, they’re all “Forever Stamps” — good no matter how much the United States Postal Service hikes rates. And trust me, postage rates are going to keep going up.
Over the past 10 years, first-class postage went up 29%, compared with a 0.1% gain for the Standard & Poor’s 500 Index ($INX). Generous health care and retirement promises to postal workers, combined with weak revenue because fewer people use traditional mail, have created serious pressure to raise postage rates. It’s almost a lock that postage rates will outpace inflation. Meanwhile, storing this physical investment is fairly simple, and there are no restrictions on resale. Think about it: When a stamp costs $1.25, today’s 44-center will go for a buck on eBay, easily.
All this explains why Peter Schiff, the CEO of Euro Pacific Capital, calls the first-class postage stamp the most attractive “federally guaranteed inflation-protected asset” around. “Forever Stamps are about as close to a sure thing as most people will ever get,” he says….(reprinted for cvsafebox)
So buy your stamps and place them in your safe deposit box! You are sure to make some money!