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Exxon Stock advice
Posted on 9/26/17 at 8:20 pm
Posted on 9/26/17 at 8:20 pm
I want to get everyone's opinion on this. I purchased about 165 shares of Exxon about 2 years ago at 88 a share. I am by no means a professional investor but wanted to have an account to just mess around with. I purchased it about 2 years ago, sold
It right before Brexit and then bought it all back. I made about 10% on it. I have ridding it and collecting my dividends but I regret putting it all in but since I'm down a good bit at the moment, at what point do you say, let me cut my losses and pull sell so you have the opportunity to go make money elsewhere in different sectors?
It right before Brexit and then bought it all back. I made about 10% on it. I have ridding it and collecting my dividends but I regret putting it all in but since I'm down a good bit at the moment, at what point do you say, let me cut my losses and pull sell so you have the opportunity to go make money elsewhere in different sectors?
This post was edited on 9/26/17 at 8:21 pm
5
Posted on 9/26/17 at 8:34 pm to SaintNation
Single stock risk is real.
Exxon is not inherently a bad stock.
I have some.
I am not selling.
Exxon is not inherently a bad stock.
I have some.
I am not selling.
Posted on 9/26/17 at 8:38 pm to SaintNation
What you are describing is trading, where most people buy high and sell low.
Are you an investor or a trader... If you are a trader good luck.
I do not own Exxon myself, but as with most integrated oil majors if you believe in the company this is a great time to DRIP.
Are you an investor or a trader... If you are a trader good luck.
I do not own Exxon myself, but as with most integrated oil majors if you believe in the company this is a great time to DRIP.
Posted on 9/27/17 at 1:57 am to UltimaParadox
Good stock and a good dividend....why sell
I own Exxon IBM and at&t...all pay a good divdend
I own Exxon IBM and at&t...all pay a good divdend
Posted on 9/27/17 at 12:32 pm to SaintNation
Exxon is a solid, extremely blue chip stock. I have a lot of retired clients with XOM in the portfolio.
It's not a growth stock. If you believe in the future of the integrated energy company business... you may believe the price will rebound at some point.
It's not a growth stock. If you believe in the future of the integrated energy company business... you may believe the price will rebound at some point.
Posted on 9/27/17 at 3:50 pm to SaintNation
we have it and have no intention of letting go
Posted on 9/27/17 at 8:30 pm to SaintNation
Leave it alone. If you want to buy something else, put more money in.
It doesn't sound like this is your retirement money, but if it is then you definitely need to add to it anyway.
It doesn't sound like this is your retirement money, but if it is then you definitely need to add to it anyway.
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