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re: Time to buy some XOM(Oil stock discussions)?

Posted on 8/25/15 at 5:54 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10242 posts
Posted on 8/25/15 at 5:54 pm to
RDS is a good buy for a long term hold. You have about 6% downside that costs you zero in opportunity cost. Probably more than 6%, but I'm ballparking. Could be closer to 10%. There's a fancy formula for that, but just hold it and forget it. I would reinvest dividends on this one.
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7160 posts
Posted on 8/25/15 at 6:53 pm to
quote:

reinvest dividends on this one.


That's the plan.
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