Have you ever seen someone shuffle through a stack of what seems to be at least 5 different credit cards? The number of consumers that actually uses more than 3 cards is relatively small, but experts say that the majority of the western civilization will have at least one more credit card — although two or even three is a more reasonable number if you take businesses into count.
It’s undeniable that the credit cards are an important source of identification — if you were to rent a car, for example, you would definitely need a credit card. And if used wisely, the credit card can provide just the convenience and financial security you need to make purchases, as you usually have nearly a month to pay for them before the charges take place. However, if you’re unorganized, the credit companies will make a small fortune of you, in fact that’s how they base most of their profits.
There are many processing companies on the market, which makes it difficult to decide where should we invest our money. In this post we would like to tell you a bit about the potential that lies in Visa stock and why should you not miss that train and learn how you can use the credit card to make you money.
Visa (NYSE:V) are the operators for the world’s largest online payments network and are one of the most recognized global financial services brands and are due to publish their earnings report for the first quarter of 2017 later today after trading hours.
Visa have shown the public better-than-expected reports for the last 4 quarters in a row and their revenues continues to rise from year-to-year as people start using their Debit / Credit cards more than physical cash. Most analysts also estimate that their profits will continue to rise in the next few years.
Since the beginning of 2017, Visa’s stock value has gone up by approximately 14.76% and they are traded in their all-time highs currently.
Go open your Visa trades now at FXPMarkets.com, where you will be trading stocks at 1:10 leverage and an increase of 14.76% in the asset’s value will be translated to 147.6% profit!
Risk Disclosure: By trading a leveraged product your capital is at risk.
The information above cannot be a taken as an investment advice and FXPMarkets will not be held liable for any losses that may occur by using the provided above information.
For more information on risks, please read our General Risk Disclosure.