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Re: ConocoPhillips

By: Decomposed in 6TH POPE | Recommend this post (0)
Mon, 01 Aug 22 2:15 AM | 26 view(s)
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Msg. 34214 of 58582
(This msg. is a reply to 34211 by Zimbler0)

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Zimbler0:

Re: “From the low, of say, $30 to the current say $90 looks to me like a 300% gain.”
Okay, 340 percent. Today's price is above $97, and the March 16, 2020 low was below $27.

As for your "Good or Bad" question... how much do you think inflation has drained away from your original investment in 19 years? I'm seeing 38%. Per usinflationcalculator.com, what cost you 62¢ in 2003 would run you a dollar today.








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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: ConocoPhillips
By: Zimbler0
in 6TH POPE
Mon, 01 Aug 22 1:53 AM
Msg. 34211 of 58582

Decomposed > But since its bottom in March, 2020, holy smokes. Up almost 400 percent? Am I reading that right?? Nice going, Zim! I'm happy for you.


Hmmmm . . .
From the low, of say, $30 to the current say $90 looks to me like a 300% gain.

$30 to the $120 peak would have been a 400% gain.

And that assumes one had bought at the bottom and sold at the top. Hard to do.

And the 17% gain over 30 years . . . Did you factor the dividend checks into that gain? Remember, that for me the dividend is a key part of my 'ROI'.

I started buying COP back in 2003. Multiple purchases over the years, plus the re-invested dividends.

Cop is worth, as of Friday afternoon, 90% more than I paid for it.

Factor in the dividends and my total yield is 129%.

Good or Bad?

Zim.



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