Tagged with money …

Apr 03
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By Stephanie
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Why Does Gold Give You Bruises?

This is probably not something that I should be advertising on the general interweb, but I have some serious gold.

Not like, Scrooge McDuck goes swimming gold. But I have a 1910 gold sovereign from England, strung on a gold chain. My grandfather gave it to my grandmother and now I wear it. Not because I’m fancy, but because I’m sentimental. Also because it makes me feel a little like a pirate.

Anyway, yesterday I took the necklace off and there, on my chest, was a dark greenish-black blotch which would not wash away. I would have written this off as a mysterious bruise, were it not the same shape and size of my doubloon. Because I know the gold is real [trust me, my grandmother mails me a facsimile of the insurance appraisal bi-annually] I had to ask Google: “Why does gold give you bruises?” If you believe old wives’ tales, or ehow.com, I am highly anemic. I guess it’s time to pump up the iron.

CategoryScience Tagged , , ,
Feb 28
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By steve
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Invest In Forever Stamps

50 cent Forever StampsI saw in the news that postage stamps are going up to 50¢ a piece, and I immediately heard, “ChaChing!” Buy a bunch at 45¢ Forever stamps the day before the increase and then sell them for 50¢ the next day. That’s an 11% ROI in one day. Pretty incredible.

When I researched it though, I was less enthused. First of all, by law, stamp prices are not allowed to increase faster than inflation (though they are this time somehow), which means they can only work as a short term investment… and then, only if you can sell them. There will likely be hundreds of thousands of stamps for sale online the day after the price hike. I’m certainly not the only one that heard the retro cash-register-bell.

I realized a few other problems with my plan too:

  1. Nobody needs 15,000 stamps, if they even need 1.
  2. Anyone who does need a bunch will also have purchased them ahead of time.
  3. eBay isn’t an option because it has a 9% fee, which practically destroys the profit margin.
  4. Competition will drive the selling price below 50¢/stamp.

I’m still kind of toying with the idea, but selling them without eBay would be hard, and when I die one day and they’re reading my Will, I’d hate for my kids to have to argue over who gets Dad’s bucket of postage.

CategoryLiving Tagged , , , ,
Feb 23
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By steve
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Average Cost of Baby

Where’d our money go?
Perhaps baby is to blame?
Yep. 10k per year.

Stuff I Haiku-gle:
A series where heart-warming poetry describes the results of a search. Tagged ,