『Making Money Minute - November 4, 2026』のカバーアート

Making Money Minute - November 4, 2026

Making Money Minute - November 4, 2026

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概要
 Making Money Minute with Ron Hiebert - Don’t Get Mad - Get Even Consumers love the convenience of credit cards and all the bonus points that accumulate from using them. Every day, the big three in this space, Visa, Mastercard, and American Express, collectively process roughly 1.3 billion transactions totalling $72 billion dollars. This generates 1.4 billion in daily fees for the card companies. People get offended by credit card companies stranglehold on the market, high user costs, and incredible profitability. There is a lesson here for investors. When you find a sector that makes large profits off you on a regular basis, that you can’t do anything about- don’t get mad - get even. Buy their stock. The profits, should more than pay for the costs of owning the card. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.
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