Ditching Out

Although it is the one shining star in the news today, do I really want to own it. If it follows Mastercard’s lead it could be my ticket out of poverty. Feelings seem to be mixed among the professional traders. Some say buy it now and some say wait for a dip who will sell it to you at a discount. I say it will be a volatile stock for atleast a couple months while the lucky ones who got in at 44 dollars a share slowly take profits and the amature traders are shaken out of the market by the seasoned veterans.

 It is definitely a stock that could be a long term diamond in the window. I just wonder how long before it breaks out and up. I don’t like roller coasters they are bad for the ulcers. 

What I do know is that I have a Visa card and I use it for almost every purchase I make. Most people I know have one or more cards and most are visa. Visa cards are cool. C’mon kids try it, go on:). Its like candy to a shopaholic. Yummy.                                                                             

The point I am trying to make is that everybody has or will have the need to access credit at some point in their lives. Whether it be by visa, mastercard, or some other way, the credit card is usually the starting block.

Whether or not Visa shares are a good buy at $60 is a question only you can answer. Its worth what we say its worth. Buy some if you have the stomach for it.

Cash is King wearing a plastic crown. What a card. Cooler than a jazz musician at a disco party.