Bernanke: Markets Are Still Far from Normal [View article]
The most telling comment is regarding Visa and Mastercard: "......This would seem to be in line with what Bank of America said: that spending of bare necessities had increased overall spending on their credit card portfolio. We can just imagine that Wal-Mart, Visa (V), and Mastercard (MA) are benefiting from this. "
To BuyV- Great commentary......I'm a firm believer in Visa. Yes the economy is in the tank and the consumer may be squeezed but the smaller payments being utilized by MA and V holders will continue to add to the bottomline. The European Visa issue will be resolved and this will add further to the bottomline.
Great company and business model. No financing, just fees per transaction adding up to BILLIONS of dollars at some point.
Frankly these days the higher the "nay-sayer" ratio the more interested I am in buying........!
The Great MasterCard - Visa Debates [View article]
Bernanke: Markets Are Still Far from Normal [View article]
"......This would seem to be in line with what Bank of America said: that spending of bare necessities had increased overall spending on their credit card portfolio. We can just imagine that Wal-Mart, Visa (V), and Mastercard (MA) are benefiting from this. "
Is Visa Really Priceless? [View article]
Great commentary......I'm a firm believer in Visa. Yes the economy is in the tank and the consumer may be squeezed but the smaller payments being utilized by MA and V holders will continue to add to the bottomline. The European Visa issue will be resolved and this will add further to the bottomline.
Great company and business model. No financing, just fees per transaction adding up to BILLIONS of dollars at some point.
Frankly these days the higher the "nay-sayer" ratio the more interested I am in buying........!
Keep up the good work BuyV.....