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Forums » Off-Topic » An "investment" better than stocks?

An "investment" better than stocks? Subscribe to An "investment" better than stocks?

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Tag Tags: stamps funny stocks investment


Ali Samana

Real Estate Investor · Corpus Christi, Texas


Forum_avatar_avatar-samanaali

Jul 20 '10, 06:55 AM

http://money.cnn.com/video/fortune/2010/07/19/f_forever_stamps_sloan.fortune/?source=cnn_bin&hpt=Sbin

A funny video about an "investment" vehicle giving a better return than the stock markets. Watch and enjoy!


Eddie Ziv

Real Estate Investor · Studio City, California


Forum_avatar_avatar-ziv2liv

Jul 20 '10, 07:25 AM

Actually, it is wrong, because when you buy a stamp, you don't buy a stock, but rather a promise of service. You pay the post office to deliver your letter. I think the USPS shold be prohibited from requiring added postage when they raise the prices since you purchase the service in advance...

Having said all that... It is a funny video...


Scott R.

Real Estate Investor · Amarillo, Texas


Forum_avatar_avatar-sricenbaw

Jul 20 '10, 12:56 PM

Makes sense.. lol would love to see someone drop some serious money into forever stamps.. Rich you have any forever stamps in your portfolio!? :)
-Scott


Ali Samana

Real Estate Investor · Corpus Christi, Texas


Forum_avatar_avatar-samanaali

Jul 22 '10, 02:56 AM

I would love to see RIch walk into a forecloure sale with a briefcase full of forever stamps :lol:


Rich Weese

Real Estate Investor · sioux falls, South Dakota


Forum_avatar_avatar-venomousviper

Donor

Jul 22 '10, 05:00 AM

Forever stamps! Maybe I should buy a few thousand dollars worth and put them in my Irrevocable family trust for grand kids and future generations. I only have a couple concerns.

1. My future generations may not know how to SEND a letter- just e-mail and texting!

2. Concern about the company backing up the worth of the "forever stamp"........

Thanks to Scott and Ali for the thoughts. Rich


James Ward

Real Estate Investor · Ocala, Florida


Forum_avatar_avatar-crosswind_

Jul 22 '10, 05:30 AM

This is GREAT!!!!!

I would love to know how many went out and actually purchased some to put on the shelf.

Rich is right. Our future generations might not know how to actually write a letter.




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