Question on forever stamp?

Question

If I had lots of extra money could I buy millions of then and one day sell them for profit?

Answer 1

You could, but for it to be a good deal for you, the price of postage would have to rise faster then whatever gain you could have made on your money if you had it invested somewhere else.

And you'd also be responsible for income taxes on the sales if you had a gain. Also, selling expenses (e.g. advertising) would eat into your profits.

Answer 2

I'm a stamp collector. Theoretically this is true. You can buy them, they will be printed by the billions. You can later sell them as a collector to other. There are many collectors that sell postage from previous years in bulk. HOWEVER, more than likely you will only be able to sell them at a little less than the going rate of postage. SO .. if you believe that postage will rise faster than the interest rate you can get in a bank, or a stock market investiment, then it's a good investment. If you believe the rate of postage will increase less than the interest rate you can get from a bank or equity investment, it would be a bad investment. My advice .. .If you had the money to buy millions of stamps, go hire a finacial advisor to invest that money at an average of 8-10% a year. That will reap a much bigger profit then stamps!!!