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LegendPhoenix (54.67)

Good. You've taken your first step into a larger world.

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March 09, 2012 – Comments (3) | RELATED TICKERS: XOM


HarryCarysGhost once mentioned:

"It is so sweet when you see that first dividend buy you more shares."

That quote has been resonating with me until I could experience that sweet feeling.  Today I got to enjoy the first fruits of my ExxonMobil (NYSE:XOM) DRiP!  Harry, you were right!

3 Comments – Post Your Own

#1) On March 09, 2012 at 8:26 PM, HarryCarysGhost (99.78) wrote:

Congrats young Skywalker, you now fully understand that-

"Compound interest is the most powerful FORCE in the universe"

 

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#2) On March 10, 2012 at 7:44 AM, blesto (31.72) wrote:

Compounding plus Capital Appreciation doesn't hurt either.

When will we see Nat Gas Exxon stations?

http://www.cnn.com/2012/02/29/opinion/pickens-natural-gas-energy-security/index.html?hpt=hp_c3

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#3) On March 10, 2012 at 11:02 AM, LegendPhoenix (54.67) wrote:

That's a great question, blesto.  For my first DRiP, I wanted a company that would be around at least as long as me.  While other oil companies trend towards specialization by spinning off their E&P, refining and pipelines, ExxonMobil still does it all.  As the largest producer of natural gas in the US, I can imagine a future where XOM starts to offer Nat Gas through the extensive network of stations they already operate.

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