Post by
NickMTL1978 on Sep 24, 2021 3:53pm
I am in - But careful
I am long on Visa, but i am still being a bit careful about its future, and the new technologies that are popping up. Ecommerce will increase the market for credit cards transactions, but i fear that eventually, crypto might become a fierce competitor. Still, i am not too concern about Visa's ability to provide cash flow. I am just wondering if the PE of 30 will remain in say 5 years from now.
As a side not, i am using this cool little online app to organize and manage my personal budget. I keep track of my expenses and spending habits, and i've been able to reduce my overall spending. More money to invest on stocks!
https://www.youtube.com/watch?v=I_VZ0BhGKS8
Comment by
achso on Sep 27, 2021 4:34pm
One is out and one is in lol. And I'll stay put for a while. Holding since IPO and quite happy of course keeping an eye on visa developments but not in a rush to sell. No need to. IMHO.