Paging TheBigFella - Visa

Hold, reinvest dividends. You will see your pile of money grow tremendously in 20 years

I mean, I'm no stock expert, but do you see payment processors going away or someone else taking their business? Do you see less payments being processed in the future?

If not, you keep it.

Yeah, wonder what happened to him

Honestly man I sold out of nearly all my PM,MO, and V. I dont hate the companies but theyre trading at disgusting all time levels what I mean is MO is yielding barely 3.5% vs it being a historical 8-10% yielder. PM as well is up like 33% this year bc people are chasing yields. I love visa, I really do and inflation is on your side bc as prices rise so do their fees and the deal with costco is amazing long term.

If you're dollar cost averaging, cool, just remember the SPY is at all time highs basically and the economic data is mediocre at best, so stocks are rising bc money has nowhere to flow. Well my money has plenty of places to flow, Ive been able to find all kinds of real estate yielding 15-20% that I've been moving into.

FWIW My portfolio today is less dividend stuff and more Apple,Google,Facebook,Amazon,Starbucks,Nike,Tesla,etc. I can get dividends as well on those just via selling covered calls a few months out. So I dont know man I love V, I just feel like at some point Google or Apple will put pressure on them with some type of banking or credit system bc those 2 companies, google especially with 85% market share has soooooo much room to bring credit card fees down and Visa really has nothing that can't be duplicated. Even a guy like Jeff Bezos he always says your margins are my opportunity and I just feel as awesome as V is, it would be very easy for one of these tech giants to break in.