My wealth nearly doubled lately as I am heavily invested in oil. Enough koolaid drinking. Adios, fellas
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Lucky Putin break. Cash it out ASAP and thank the gods of War. This is the only way it will happen
Have fun in retirement. My net worth has doubled since retirement and my RSU's are still vesting but now at a decent price. Now start going to shareholder meetings and encourage Darren, Jack and Neil to cut expenses and deadwood.
Me too. Got laid off, took my pension, and doubled it in a little less than a year in oil stocks (mainly VET).
Who was around when we got stock for $14 a share for a few years. How sweet it is.
I agree. Time to retire. Interest rates skyrocketing, XOM stock price up, turn 55 this year. Good bye.
@1ghc+1fEI6m9l Speak for yourself, I (and some others i know) never bought company stock / had very little of it. While I’m not close to retirement, I did load up when the stock was around $35 so I’m up 150% over the past 1.5 years. Plenty of people bought in in the 30s. Not saying OP did that, but it was pretty common.
@op. Since you have been around awhile, you probably were at company in 2014 when all time high stock price occurred at over $100 per share. So you are advertising your investing prowess of sticking with an investment that is still down over 10% in 8 years. Glad I’m not listening to you and your financial prowess. Many eggs in a single basket make for bad breakfast and upset stomach for nearly a decade. Glad you are now able to consider retirement 10 years to late.
Post ID: @OP+1fEI6m9l PLEASE LEAVE SOON.
OP, good for you!
Retire when you are FI. Not before. It took me +30 year working upstream O&G to reach FI. Once I did, I retired. Playing the EM game for 30 years… I hated that part. Never again.
Good future to you.
Also recommend that employees take this current opportunity to Re-Balance your 401K now to reallocate XOM to other funds.
XOM is up for the moment. Other funds are relatively down for the moment.
Simple math.
EM can only gouge this for so long.
It's called a Windfall. A war windfall. Nothing new to the company.