How to Invest in Mastercard for Less Than the Cost of a Tank of Gas
Gas prices are on the rise. You've likely noticed this because every time you take out your credit card to pay at the pump, you are spending more money to fill up your vehicle's tank.
According to the U.S. Energy Information Administration, the average price of gas in the U.S. is running about $3.32 per gallon. If you live in California, you may well be paying well over $4 per gallon. An average car holds about 15 gallons of gas, so if you're filling up your tank, you're routinely paying $50 to $60-plus a pop, depending on how much gas you're putting in, based on the U.S. average.
That $50 you're putting on your Mastercard (NYSE: MA) every fill-up to pay for gas could instead be invested in the credit card company, which has been one of the most consistent stocks over the past decade. It might not get you to work, but an investment in Mastercard could help you on your investment journey to retirement or some other long-term goal.
Source Fool.com
