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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (35558)10/2/2009 4:29:17 PM
From: Paul Senior2 Recommendations  Read Replies (2) | Respond to of 78764
 
An argument could be made that it's almost always paid to have been a ltb&h investor in XOM. This chart of course without compounding effect if dividends were reinvested: ("ExxonMobil's dividend payments to shareholders have grown at an average annual rate of 5.5% over the last 27 years.")

finance.yahoo.com

Of course, that's the past. In future, who knows.

I've reduced my long held integrated oil positions quite a bit. Still very nervous about a drop in oil demand and/or a fall in oil prices and thus, falling prices of oil company shares.

In past few times when XOM dropped to current price and with oil prices lower than now, stock seems to have quickly recovered.



To: Arthur Radley who wrote (35558)10/2/2009 10:55:23 PM
From: Madharry  Respond to of 78764
 
reminds me when i was going through my aunts financial records after she passed on I noticed that they had owned 100 shares of ge in 1942. Unfortunately I also found a piece of paper that they sold them in 1945.