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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Exxon Mobile = XOM
Chevron = CVX
You want a low Beta stock...not terribly risky, and with a PE ratio of about 12% on XOM how can U go wrong...price appreciation plus 1.9 % Dividend....not terribly exciting like watching the grass grow...but steady as they come...and thats what you want
You have to pay Income tax on the Dividend...unless the shares are bought under a Tax Deffered program...and no Capital Gain Tax until you sell the shares...regardless of the program..
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