@GGhjEJa-4sbh, Yes, I bet that poster who got you off your butt to look that up and cut & paste it does suck at that. Now in your case you are "Very good at surfing the net and cutting and pasting stuff"
See there - put that on your resume. You've already got your biggest talent covered!!! LOL
@-3kux
S&P 500 -0.7%
Dow -2.3%
Nasdaq +4.9%
CVX -24.1%
You suck at the internet.
@GGhjEJa-3fxc, are you gonna just talk about it or do it? Put us together a little chart, tough-guy.
As opposed to an index fund (Dow, Nas, S & P) in 2015, all of which suffered losses.
Care to compare CVX performance in 2015 vs the Dow, Nasdaq and SP500? It ain't pretty.
If your up 15% or more, you may want to sell some stock and take some profit.
Before you sell, make sure you look at and understand NUA.
@-fsx, You certainly are butthurt on this topic, aren't you? Are you a piece of deadwood preparing to be cut? If so, my condolences for the loss (to Chevron - LOL) I think that there are people who do enough research about companies to know a little better than others.. They study the financials. It's not something that is learned in school. In fact, most of the school-educated traders fare more poorly than the ones that I know that just have a knack for that and learned on their own. In any event. CVX has a good dividend. That's what makes it attractive as an income stock. i.e. it does not need to exhibit growth for you to gain, just hold it's value. As opposed to an index fund (Dow, Nas, S & P) in 2015, all of which suffered losses. So Chevron is not the worse stock in the world just to hold on to, if the energy sector wasn't so volatile right now. CVX is trading at a very respectable level. Almost scary. I would limit my exposure. The best advice that I've ever heard is to stay diversified. So if the energy sector tanks(any more than it has) - your losses will be minimized. Spread your stuff around. Get jiggy with it. Investing is not so bad.
It never fails that someone is offended in a market timing discussion when they are accused of just being lucky and that they don't have some kind of "market timing" genius exclusive snake-oil skillset.
It's called Luck Luck Luck Luck Luck Luck Luck Luck in case you haven't heard.
Please respond and tell us again how your blind dumb luck is a skill and a talent!!! Throw in some fake credentials why don't you. - And some "I'm superior to you" jargon. That's always par for the course.
Feel free to insult everyone else regardless of your finances and their finances of how they are jealous of yours without you even knowing theirs or they yours or if they even care.
Yes everyone is jealous of your dumb luck whoever you are. You keep thinking that there, Pal.
@lcf - Since the shares are in a 401K and there are no tax implications on your profit or loss, the purchase price is completely irrelevant. You either think that it's a better investment than your other options or you don't. Whether you made or lost money is a psychological factor that you should ignore. What price you paid for the stock does not have any effect on whether it will go up or down in the future. The only other factor is if you are thinking of taking penalty-free withdrawals of CVX dividends before 59 1/2 or doing an NUA after you retire, then you might want to keep the CVX stock until you retire.
I would hold the stock until I absolutely needed the cash.
Jealous are you, qgj? Market timing is never easy but buying stock at "near" bottoms and selling at "near" tops, is easier to accomplish. I have been quite successful over many years buying and selling CVX. I won't bore you with the basics, as it's clear to me you don't have a knack or care about investing.
it depends on your purchase price and whether you are willing to take a loss.
you could hold on to it for a few years and hope it will go back to 120+, especially if it is sitting in your 401k and you still have 5-10 years before retirements
Any time you find an investment opportunity that you believe will provide a better return than Chevron stock.
Maybe the poster that has sold the exact top and bought the absolute bottom every stock price cycle will grace us with his market timing prowess. Unfortunately he probably won't tell you about it until a month after the fact.