Beat the first-class mail cost increase

Are you penny-wise? If so, this is a perfect time to save some Lincolns. On May 12th, the US Post Office is raising the price of the first-class stamp by one cent, from $0.41 to $0.42. I can only conclude they make a killing on one-cent stamps.

Luckily, I've been buying Forever Stamps, which sell for the same price as the current first-class stamps, but remain valid for first-class postage no matter how much it increases. Given the stock market results over the last few quarters, my stamps have out-yielded my index stocks by a considerable margin.

I'm mystified by people that still buy priced stamps. The post office apparently sells a lot of $0.41 stamps, though, and will probably sell as many $0.42 ones to those who value the appearance of the stamp enough to offset the annoyance of keeping a stock of one-centers. Me, I'm buying Forever Stamps, and doing it before May 12th.

Read Full Story
  • DJI27284.4861.510.23%
    NASDAQ8224.1816.940.21%
  • NIKKEI 22521466.99420.752.00%
    Hang Seng28765.40303.741.07%
    DAX12240.4412.590.10%
  • USD (PER EUR)1.12-0.0052-0.46%
    USD (PER CHF)1.020.00020.02%
    JPY (PER USD)107.650.38700.36%
    GBP (PER USD)1.25-0.0030-0.24%