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re: Bloomberg: Big Oil Goes Looking for a Career Change
Posted on 9/16/20 at 2:21 pm to rickgrimes
Posted on 9/16/20 at 2:21 pm to rickgrimes
quote:
And there is still a weekly thread on the Money Board whether XOM is a buy at <$40.
I've been buying a little bit at a time for a while. If people are using petroleum products, XOM will be a leader in that industry.
1
Posted on 9/16/20 at 2:23 pm to dewster
quote:
I've been buying a little bit at a time for a while. If people are using petroleum products, XOM will be a leader in that industry.
Even their dividends aren't enough to make up for a -50% return over the last 5 years, which is especially horrific when you consider the historic bull market we have had during that period. You are better off leaving that money in your checking account earning 0.01% interest than 'investing' in XOM, or you could just throw money out of your car window everyday going down the freeway, at least that would be more interesting.
This post was edited on 9/16/20 at 2:56 pm
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