Time To Sell MasterCard?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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Mogul of Pineapples
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Time To Sell MasterCard?

Postby Mogul of Pineapples » Fri Feb 27, 2009 1:38 am

Before investors and so-called experts were saying that MasterCard and Visa were the best way to whether the recession because they don't lend money out directly, they only make money off the transaction fees.

Now the Motley Fool is telling people they should sell MasterCard:

3 Reasons to Sell MasterCard Today

What do you think?
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

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Postby Cucumber » Sun Mar 01, 2009 3:52 am

Funny that they tell you to sell AFTER it has gone down! Aren't they suppose to tell you these things BEFORE they go down?! :rolleyes:

If anything now is the time to buy if you got the $$$$ to do it.
Stop talking crap about him!

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