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ziptie, thanks for the input. I didnt invest too much into Visa, as it is just something I believe will have future potential growth. Visa's business model is the same as mastercard, as they both make money through their credit card transactions. So everytime you use your visa/mastercard to buy car parts from an internet source, they make money through a transaction fee, which is charged to the bank card/financial institution. A good thing while in this volatile market is, visa and mastercard will not endure risks during a credit crisis such as this..the financial institutions are the ones who will be hit with the losses when card holders can not pay off their debts/bills. Visa/Mastercard will surely see a drop in earnings, but in this day and age, electronic purchases/bill pay is king, which makes Visa and Mastercard a good buy for long term investors. I am sticking to this for the long run anyway..wait until we are out of this recession..
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