Visa IPO

[RkyMtnThunder]

Visa held their IPO the other day, which I got in a little.

I also have stakes in Nokia & Disney

Question....I am strongly feeling I will spin one or both of my other stakes into Visa as well.

Yes, it goes against the basic 'avoid all eggs in 1 basket' philosophy, but I do have a very diversified 401k as well to help hedge against risk, and my stock portfolio balance isnt exactly impressive so we arent talking big dollars here.

Or, I can hold tight with smaller stakes in 3 companies who are leaders in their respective fields. Just that I do not expect Nokia or Disney to have similar performance Visa is projected to do over the next 24ish months. Visa could possible triple or more and I seriously doubt Nokia or Disney would do that over the same period.

I was going to pull the trigger and just dump everything into Visa this morning when I realized market was closed for Good Friday.

I took that as a sign to step back and think more about it.


Any input/insight appreciated

Thanks