I think the fact that retailers such as Target, Walmart and others reporting lower sales is having a drastic effect. Visa had bucked the financials low trends until recently, but now the slowing economy is bearing on its shares as the fear of less transaction and the current market sentiment takes over.
I had bought some Visa in the mid to low $60s a few months back and may buy some more here if we test those levels again.
When you post your opinion online and in this case, are a contributor, you invite yourself to be judged and commented on. I'm quite sure Mr. Freedland can handle it...as he says, he aint leaving the kitchen, he can handle the heat.
Who cares about the name calling posts...just skip those and move on to the more serious ones...and I certainly don't have time to list my investment rules or my successes, but I can tell you without a doubt that if I had followed that rule this year, I wouldn't be up 22% while the market tanks.
Why is this an article? And why did you buy Visa in the $80s to begin with?
I bought in the $60s and I'm waiting, taking a long hold...buying a stock and then selling it two weeks later tells me you didn't do your homework, at all and are just kneejerking based on daily price fluctuations.
Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak [View article]
New Investor- YOu can buy Visa at any stock trader, including E-trade, Sharebuilder (ING) or whatever else.
I tend to like Sharebuilder as it gives you a ton of options, low cost, etc...I would recommend you use Yahoo! finance for research, as its the best free web on the net for finance.
I consider a strong long term pick for any long term investor. The price may go back down a tad, but for long term, I would just get in. If you're nervous, wait for the earnings to come to see who's right and who's wrong. Either way, the long term trends globally are away from cash and towards plastic, whether that's debit or credit.
This will only accelerate and the world's #1 player is Visa. As long as this industry keeps increasing revenue and there's no reason to think that long term it won't, both MA and Visa are good busy. I prefer the market leader in Visa.
I bought some this morning. This is a long term play, with growth in emerging markets, growth from most modern societies going away from cash. I would accumulate when possible, as this stock should keep going up long term.
Why Visa Got Spanked [View article]
I had bought some Visa in the mid to low $60s a few months back and may buy some more here if we test those levels again.
Good article.
My Investment Philosophy and Visa [View article]
Who cares about the name calling posts...just skip those and move on to the more serious ones...and I certainly don't have time to list my investment rules or my successes, but I can tell you without a doubt that if I had followed that rule this year, I wouldn't be up 22% while the market tanks.
My Investment Philosophy and Visa [View article]
Good luck on your blog.
Visa: Why I Sold All of My Shares [View article]
I bought in the $60s and I'm waiting, taking a long hold...buying a stock and then selling it two weeks later tells me you didn't do your homework, at all and are just kneejerking based on daily price fluctuations.
Mastercard, Visa: Q1 Earnings May Be Fine, But Guidance Will Be Weak [View article]
I tend to like Sharebuilder as it gives you a ton of options, low cost, etc...I would recommend you use Yahoo! finance for research, as its the best free web on the net for finance.
I consider a strong long term pick for any long term investor. The price may go back down a tad, but for long term, I would just get in. If you're nervous, wait for the earnings to come to see who's right and who's wrong. Either way, the long term trends globally are away from cash and towards plastic, whether that's debit or credit.
This will only accelerate and the world's #1 player is Visa. As long as this industry keeps increasing revenue and there's no reason to think that long term it won't, both MA and Visa are good busy. I prefer the market leader in Visa.
Visa: Already Priced to Perfection [View article]