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Apr 1, 2020
5:43
:46
am
coug16
Super
Yes because if there is anything the stock market guarantees
it's that past results guarantee future performance.
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coug16
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UnoDoctor
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coug16
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Messages
Author
Time
POLL: About to buy $5,000 of Exxon stock. Am I stupid?
BYUALWAYSNUM1
All-American
3/31/20 2:44pm
I say no as long as your timeline is at least 12 months
CommodoreCoug
3/31/20 2:45pm
30 years
BYUALWAYSNUM1
3/31/20 2:45pm
I can think of a lot of other stocks that will likely do better in that time.
Kerbouchard
3/31/20 3:03pm
I haven't bought, yet. Which stocks do you like?
BYUALWAYSNUM1
3/31/20 3:11pm
Enron
LaVellIfIKnow
3/31/20 3:13pm
I've heard a lot of good things about that one.
BYUALWAYSNUM1
3/31/20 3:23pm
30 years is a long time, but for example: AMZN, AAPL, MSFT I'd be willing to
Kerbouchard
3/31/20 3:27pm
I wish I had any of those, but I think I missed the boat long ago.
BYUALWAYSNUM1
3/31/20 3:31pm
Huh? You think XON is going to outperform them? Low stock price does not mean
Kerbouchard
3/31/20 3:45pm
Yes because if there is anything the stock market guarantees
coug16
4/1/20 5:43am
Need more info about you and your abilities to make an accurate assessment.
BYUtka
3/31/20 2:45pm
I'm batting 1000% on picking the wrong investments.
BYUALWAYSNUM1
3/31/20 2:47pm
Do you put ketchup on a hot dog?
BYUtka
3/31/20 3:17pm
I don't like hot dogs, but, Yes.
BYUALWAYSNUM1
3/31/20 3:24pm
I think I know enough to make an assessment now.
BYUtka
3/31/20 3:25pm
wait, I'm totally fine being shamed, but at least tell me why ketchup on hot dogs is bad? I thought that was normal
BYUALWAYSNUM1
3/31/20 3:30pm
It is an abomination.
BYUtka
3/31/20 3:58pm
Wow, I had no idea. I had heard that ketchup on a brat was unacceptable.
BYUALWAYSNUM1
3/31/20 5:48pm
Perfectly acceptable
Born2Fish
3/31/20 5:23pm
Are you trying to time the market?
shimmy
3/31/20 2:45pm
Just bought some myself for the long haul
homegrown
3/31/20 2:46pm
do it and assess later
CougarBuddy
3/31/20 2:46pm
hard to say without knowing what the rest of your portfolio looks like
BlueFrog
3/31/20 2:47pm
The rest is in index funds, silver n gold.
BYUALWAYSNUM1
3/31/20 2:49pm
what percent is this stake?
BlueFrog
3/31/20 2:49pm
Not much. Less than 1%
BYUALWAYSNUM1
3/31/20 2:50pm
then absolutely
BlueFrog
3/31/20 2:51pm
So Exxon is the one stock you're choosing? Why?
Kerbouchard
3/31/20 3:05pm
it's low right now, and the dividend yield looks good.
BYUALWAYSNUM1
3/31/20 3:08pm
AAPL pays a dividend too, and will outperform XOM by a mile.
Kerbouchard
3/31/20 3:29pm
Chevron does a better job with their cash. Just as an FYI.
specsauce
3/31/20 2:48pm
Are those things mutually exclusive? Asking for a friend...
foofcoug
3/31/20 2:48pm
Yes, but I'm willing to entertain your thoughts.
BYUALWAYSNUM1
3/31/20 2:49pm
RE: Yes, but I'm willing to entertain your thoughts.
foofcoug
3/31/20 2:50pm
Better to buy gold and ammo then bury it in the country for the impending apocalypse
letthewookieewin
3/31/20 2:49pm
<< Deleted >>
rivercitycoug
3/31/20 2:50pm
i've been loading up on Phillips 66 over the last few weeks.
kolob32
3/31/20 2:52pm
I would wait until it hits rock bottom, yes it will get lower
slccoug
3/31/20 2:52pm
Why? Even when the economy was humming along the stock was still going down
RC Vikings
3/31/20 2:53pm
I bought 2 weeks ago, but still a good deal
AZ Coug
3/31/20 3:02pm
If you're set on a gas stock put $1000 on DNR and rest in MSFT
RC Vikings
3/31/20 3:13pm
What makes you think this investment would pay off in any form?
wcj99
3/31/20 3:46pm
Currently there is a glut of 12.4 million barrels of oil every day. The world
ArcticKat
3/31/20 3:48pm
a week or two ago i purchased some options that expire in 2022 for XOM that cost
delbert
3/31/20 3:53pm
Chart of XOM
Hinta
3/31/20 5:25pm
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