However, if you use a credit card as your payment method then you can be charged interest on that credit card.
Having said that...email henry@marcustoday.com.au - he loves that sort of question!The next Afterpay could be Splitit SPT with its joint venture deal with Mastercard announced a couple of weeks ago.I don't disagree the fact that there is an element of speculation in the APT share price.
You mentioned 10% drop will likely signal reversal, may I ask if in your experience do trends reverse when a day comes with very high relative volume and movement in direction opposite to the trend? With the media and most brokers having been utterly wrong about growth, bad debts, competition, regulation, and the fragility of BNPL funding, you're suggesting investors should suddenly listen to those people calling it a bubble? Then, you are ready to go!Anyone choosing to use Afterpay should be sure they can pay all four payments. So the investment thesis is still stacking up.Hi Marcus,Like your article so much, up to your highest standard.The market is always trickie my mentor told me that many years ago.My view is based around the interesting comments from the subscribers and general market participants, and this is for those participants. Because of this, digital wallets and virtual ways to pay have increased in popularity. Then you accrue an $8 fee for every seven days the bill goes unpaid. What prompts an individual investor (trader?)
Buy Your Lingerie Sets Online At Wild Thought Lingerie. But does Afterpay help your credit?If you haven’t already encountered Afterpay at checkout, it is a payment option that allows you to pay for your online purchase in four equal installments.
As always, Marcus is a straight talker. ?Noel EAmateur Chartist and Growth Stock InvestorFor everyone that missed APT...there is always another APT - just as APT was the stock for everyone that missed A2M - any suggestions what the next glory stock is?
The BNPL sector isn’t the only space that has outperformed since March, with a number of other listed fintechs also building strong momentum. At first, I was highly sceptical about the buy now - pay later companies but i had a quick change of mind. Discover your new faves here.Updating your space? Your thoughts please?Marcus, always love reading your refreshing and at times contrarian views and thoughts like with the recent Afterpay article.
With a catch phrase of "Shop now.
See which retailers just arrived.Afterpay all your essentials and glow now, pay later.Afterpay all the gear you need to stay healthy from home!#ShopSmall and support small businesses. The same people who said it was a bubble at $8, $15, $20, $50, $60 etc... Why not do a valuation based on Afterpay reaching the ANZ penetration it has in all its markets.
This is going to be an L shaped recovery and if we can see improvements starting in 2022 then that would be lucky.The market overprices assets regularly.
The fluffed up valuation as outlined by your article, is nothing but FOMO , its not worth it based on basics...but I will take it anyway. Source: Morningstar Direct. I also recall the momentum buying with the dot.com disaster. So this seems to be 'nirvana' for millenials to make their purchases of music, food, more music and just about everything else us older folk pay cash for etc etc.
Slow going by comparison. This is not the time to join in.
I'm reading a few comments justifying -2,000% PE and seeing price charts, like Tesla's, resembling a Falcon 9 launch. Good luck Tony.