03 Mar 2008, Posted by Lance in General, 1 Comment.

Want to make money? Visa IPO


This has been in the works for awhile now.  Visa is going IPO sometime around the week of 17 March.  Mastercard, which has a smaller market share than Visa, made a similar move back in 2006 and the results have been a 350% return. 

Ma

The initial IPO price is said to be between $37-42 per share.  I am working on getting Pre-IPO prices but may also look at an options strategy as we move closer to the release date. 

Again, past performance is not predictive of future performance but look at Mastercard and Googles IPO offerings for some predictions. 

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1 Comments

March 5, 2008 10:27 am

Dave Conklin

Ok, here’s a challenge for you brother! I’m financial planning challenged so I have bought in hook/line/sinker to Christian financial counselor Dave Ramsey (who is a more modern version of Larry Burkett).

He is major “anti-debt”, and uses several Biblical arguments (OT & NT) to suggest debt for the Christian is wrong (ie,debtor is slave to the lender). Not to mention investing in a company that makes its livelihood off of putting others in debt.

Have you looked at his stuff at all?

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