I’m thinking of putting in about 10.000 dollars into XOM. It looks stable enough to me. My plan is to gather the dividend money and reinvest it into new XOM shares.
I know the market is tough to predict, and I know this strategy takes a long time to produce any significant profit, but I was hoping to hear some experiences from people that implemented this strategy. How much did you manage to make in a 10 year period and was it worth it?
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