I have added $2200 of MasterCard to my 401k account. MasterCard I feel has strong growth prospects in the future. MasterCard will benefit from their expansion to other developing countries. The yield is pitiful but I am investing in MasterCard for the long term capital gains. Eventually I believe MA will be able to be a dividend champion. Their dividend growth record so far has been nothing but fantastic.
My activity has been low this month since unexpected things happened and I am using the cash as an emergency fund in case I need it.
Hi YD,
ReplyDeleteCare to share why MA and not V nor AXP?