Investment Review day 25 of 50: Wise $WIZEY
Wise (previously TransferWise) is a global cross-border payments network that replaces traditional international banking for 7.5 million active personal and business customers in five continents and over 40 countries.
I discovered Wise while looking for a business banking solution for my own company. It didn’t take long to recognise how its innovative solution was giving me significant cost efficiencies, and I and several friends and family members are also now personal account holders.
Wise offers a brilliant solution to the problem of high fee and overly complex international account offerings from traditional banks, and so this felt like a very natural addition to my investment portfolio. In the spirit of backing your highest conviction investments, I added to my position in November 2022 and then again last May.
All three of my purchases are nicely beating the market, and this stock holding has really helped me appreciate the value of being a customer of the companies you invest in!
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I’m putting my holdings under the microscope. Over the next 50 days I’ll break down my whole investment portfolio. Wins, losses, and the ‘why’ behind it all. And on day 50 I’m going to share the full portfolio! Follow me and let’s learn together! #StockAnalysis #50daychallenge
