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Started By
Message
My wife has about 30K in XOM
Posted on 1/15/16 at 2:40 pm
Posted on 1/15/16 at 2:40 pm
That she inherited years ago. She's just been sitting on it and reinvesting the dividends.
What would you investors out there do if you wanted to maximize your returns for the next 3-5 years?
What would you investors out there do if you wanted to maximize your returns for the next 3-5 years?
This post was edited on 1/15/16 at 2:41 pm
8
Posted on 1/15/16 at 2:41 pm to dkreller
Buy low sell high..
So either keep doing nothing or buy more.
So either keep doing nothing or buy more.
Posted on 1/15/16 at 2:41 pm to dkreller
quote:
What would you investors out there do if you wanted to maximize your returns for the next 3-5 years?
Sit on it and reinvest the dividends?
Posted on 1/15/16 at 2:51 pm to dkreller
quote:
buy more
Posted on 1/15/16 at 3:00 pm to dkreller
quote:
What would you investors out there do if you wanted to maximize your returns for the next 3-5 years?
Transfer shares to me at .50 on the dollar and go spend the profits on hookers and blow
You don't want that stock
Posted on 1/15/16 at 3:33 pm to dkreller
buy
Posted on 1/15/16 at 3:59 pm to dkreller
What other stocks or investments do you have? How old are you? When might you need the money? What other sectors, besides energy, are you in? I certainly wouldn't sell it. But depending on your situation, age and goals, it might be wise to take the dividends and invest them in a non energy sector(s), so that you're better diversified.
Posted on 1/15/16 at 4:10 pm to dkreller
I would just sit on it unless you ahve no other holdings.
Posted on 1/15/16 at 5:32 pm to dkreller
Leave it reinvesting dividends. Now is the worst time to pull out, and the best time to have those dividends being reinvested
Posted on 1/15/16 at 7:33 pm to TigerTatorTots
What TigerTatorTots said.
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