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re: Rookie investing $1K in the stock market...need your help

Posted on 1/13/15 at 1:34 pm to
Posted by Creamer
louisiana
Member since Jul 2010
2817 posts
Posted on 1/13/15 at 1:34 pm to
Is visa a good buy right now considering they are up so much over the past year. I have them on my purchase list, but am having difficulty pulling the trigger
Posted by LSUShock
Kansas
Member since Jun 2014
4927 posts
Posted on 1/13/15 at 2:53 pm to
I work in the payments industry and while I am fairly new, I would think some of VISA recent success relates to the new EMV regulations that will be implemented in October of this year. A lot of companies in the industry saw a spike when that news was announced a little over a year ago and it's become much more gradual now.
Posted by LSUneaux
NOLA
Member since Mar 2014
4505 posts
Posted on 1/13/15 at 8:56 pm to
quote:

Is visa a good buy right now considering they are up so much over the past year. I have them on my purchase list, but am having difficulty pulling the trigger


Plastic is the future. Cash use will continue to decline. I can't tell you what Visa will be one month from now, but I can sure as hell tell you which direction it will be 5 years from now.
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