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Monday, July 19, 2010

For those who communicate the old fashioned way

The Postal Service is seeking to raise the price of a first-class stamp 2 cents by next Jan. 2. So here's a tip for those who still correspond by U.S. mail. Between now and the first of the year, buy yourself a bunch of those Forever Stamps -- you know the ones with the Liberty Bell on them (see picture) -- before the price goes up. Those stamps are so named because you can use them for ... well ... however much longer we still have a functioning Postal Service, no matter how much the price of postage increases. These stamps might even make nice holiday presents for all your letter-writing/paying-bills-by-mail friends and family members. Plus, for all you big spenders they could make a nice investment: If you purchased $100,000 of them this year and sold them at face value next year, you make an immediate profit of $4,500. Not bad. Of course the problem is going to be finding that many people who still use stamps.

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