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July 2007

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3

So How Do I Value A Stamp Collection?

July 23, 2007 – Comments (1)

To round out the stamp blog trio, here is the other question I get asked a lot:  [more]

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3

So How Could You Make Money In Stamps?

July 18, 2007 – Comments (7)

In my last post I explained the terrible economics of stamps as investments. In this one I will explain a play that might be profitable.  [more]

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Stamps Are A Terrible Investment

July 08, 2007 – Comments (1)

I'm a stamp collector (and president of the local stamp club) and the first thing  people ask when the find out I am a collector is about investing in stamps. My stock answer is that they are a terrible investment and collecting stamps is just like putting the money in a pile on the driveway and setting it on fire, but more fun.  [more]

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That's Why I Manage My Own @(&$#*)& Money

July 02, 2007 – Comments (1)

Because I won't defraud myself. I was reading the Wikipedia article on Harry Nilsson and it mentioned that his later life was plagued by money problems caused by having his entire fortune embezzeled by a crooked manager. Another rock star who lost it all due to a bad money manager was Billy Joel. An old friend (who is a pretty savvy guy) lost about 20% of his net worth to a crooked investment manager.  [more]

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