Friday, July 25, 2008

Costco to raise prices...hope you Alpha'd already

Courtesy of ABC news:

http://abcnews.go.com/WN/Story?id=5445433&page=1

"...Costco has announced that it will have to raise its prices, on some items by as much as 15 percent...."

a 15% return on your investment would be a good feat in today's Stock Market, yet if you bought ahead of such a predictable event, that is exactly what you would have "earned" in savings still in your wallet.

It pays to stockpile needed items ahead of time in these inflationary times, in fact, it is the one investment with the least amount of risk..

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