Tuesday, February 17, 2009

Make 4.8% on the Postage Increase for First Class Mail

On May 11, 2009, the price for a 1st class 1-ounce stamp will increase from $0.42 to $0.44. However, Forever Stamps, regardless of when purchased, can continue to be used to mail 1-ounce letters after the price increase, without any additional postage.

A simple way to earn 4.8% is to buy one year's worth of Forever Stamps on May 10, 2009 at $0.42 and use them in through mid-2010 when the postage is $0.44. The effective immediate earnings is $0.02 or 4.8%.

Of course, no one is going to get rich doing this. However, if you are planning to still use the postal service after May 11, 2009, it's an easy way to save money. Besides, I don't know of any other investments that has a guaranteed 4.8% return :-)

For more on Ideas You Can Use, check back every Tuesday for a new segment.

This is not financial advice. Please consult a professional advisor.

Copyright © 2009 Achievement Catalyst, LLC

No comments: