Comments on: Random News: The Dow Reshuffle, Postage Increase, and Actively Managed ETFs

By: First Class Postage Going Up Again, Soon

First Class Postage Going Up Again, Soon — Tue, 06 May 2008 14:37:10 +0000

[...] in February, the U.S. Postal Service announced that the postage for one-ounce first-class mail will go up by 1 cent to 42 cents next Monday, May 12th, so does the price for a Forever [...]

By: Sun

Sun — Sun, 17 Feb 2008 04:24:13 +0000

mh1: Thanks for the correction

Neo & Jesse: Thanks for sharing. I am sure there’s one point at which buying a ton of forever stamps makes financial sense, assuming a inflation rate, an interest rate and the number of stamps will be used every year. However, I feel people are using less and less stamps now since many, if not all, bills can be paid online.

By: mh1

mh1 — Sat, 16 Feb 2008 00:34:25 +0000

CVX = Chevron, not Chevorn (first line).

By: Jesse

Jesse — Tue, 12 Feb 2008 17:44:12 +0000

Well also, here is my article on aside from the actual numbers there are a lot of other reasons not to buy a bunch of forever stamps…

http://thepennysaved.com/2008/02/12/for-the-love-of-god-do-not-invest-in-forever-stamps-top-5-reasons-why-not/

By: Neo

Neo — Tue, 12 Feb 2008 05:30:42 +0000

Whoops, I forgot to close the tag. :-/

By: Neo

Neo — Tue, 12 Feb 2008 05:28:22 +0000

Regarding the forever stamp, I would like to direct you to this site where the author does some math based on the 1975 cost per stamp. The author comes to the conclusion that you're better off sticking your money in a high yield savings account, rather than stocking up on forever stamps. I also recall reading an article where the author went back approximately 100 years, and adjusted for inflation stamp prices have actually gone down.