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re: My Exxon stock just hit a new high?
Posted on 9/28/23 at 5:52 am to Porkskins
Posted on 9/28/23 at 5:52 am to Porkskins
I have nearly that much, but inherited. Cost basis is very low. I am debating selling about 25% but the capital gains taxes would be 15% on most of it.
Also, the dividend is great. But about 3 years ago XOM was priced in the 30s.
I could pay my house off with the gains of selling 25%.
Any advice, thoughts?
Also, the dividend is great. But about 3 years ago XOM was priced in the 30s.
I could pay my house off with the gains of selling 25%.
Any advice, thoughts?
2
Posted on 9/28/23 at 5:59 am to JackDempsey
I’d sell the 25% then
Posted on 9/28/23 at 6:31 am to JackDempsey
quote:
I could pay my house off with the gains of selling 25%.
Life changing money is life changing money. Pay off your mortgage. Thats cashflow you can use for a new investment.
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