Quote:
Originally Posted by OneHungLo
Why risk your money in these companies when there are many other good/safe companies out there you can get double digit yearly returns?
I bought Visa the very first day it became public and I'm still buying it to this day. If I had to recommend any stock it would be that. They are one of the best run companies in the world. And most of the world still uses coins and cash for payment so they have tremendous growth potential.
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Yep - Poland for instance, one of the largest economies in the EU , and I don't think I know anyone that has an actual credit card, just debit cards. Even I don't have a credit card. Online purchases are done either COD on via instant bank transfers. Hugely cash-based society.