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Started By
Message
re: Visa getting roughed up today?
Posted on 8/1/13 at 11:06 am to Cousin
Posted on 8/1/13 at 11:06 am to Cousin
quote:
Preciate it...I'm fairly new to this so I am learning through "on the job training".
I'm fairly new, too, especially single stocks, but I'm a quick learner.
What V does is act as a toll road for consumption. Now, global consumption could go down in another recession (if we're even clear of the last one), and hurt a little, but there are only about 175 million online shoppers right now - that is expected to expand to 350 to 400 million over the next 10 years and could top 1 billion in 25. Many of those people are not born yet or do not have credit cards.
The sky is the limit for V. The company makes money and does not carry consumer debt. People are already talking about a post-currency world. How do you think business will be conducted? V has the lion's share of the credit card business, and handles transactions in every currency, every language and every country on Earth.
1
Posted on 12/19/13 at 12:02 pm to Ace Midnight
quote:
Ace midnight: I'm fairly new, too, especially single stocks, but I'm a quick learner. What V does is act as a toll road for consumption. Now, global consumption could go down in another recession (if we're even clear of the last one), and hurt a little, but there are only about 175 million online shoppers right now - that is expected to expand to 350 to 400 million over the next 10 years and could top 1 billion in 25. Many of those people are not born yet or do not have credit cards. The sky is the limit for V. The company makes money and does not carry consumer debt. People are already talking about a post-currency world. How do you think business will be conducted? V has the lion's share of the credit card business, and handles transactions in every currency, every language and every country on Earth.
All great points. I will probably make this my next purchase, and you just reinforced why it's a good idea. The key to everything in investing is to learn about history, and figure out where the world is going. If you've got a handle on the future, then you have a leg up in stock picking. "Post-currency world", "only x amount of people use CC", "Internet growth". Those are all buzz words that are important.
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