If you bought Forever Stamps forever ago, you're getting a good return

The price of stamps has gone up 3 cents.

It now costs 49 cents to send a letter. The price of stamps went up another 3 cents on Sunday, meaning that if you've been hoarding Forever stamps since forever ago, you've made a pretty good return. At least, that's what Allan Sloan, Fortune Magazine's senior editor-at-large, thinks. To listen to Sloan praise the virtues of the exotic financial instrument known as the postage stamp, click the audio player above.

About the author

Allan Sloan is a senior editor-at-large for Fortune magazine.

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