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Re: ConocoPhillips

By: Zimbler0 in 6TH POPE | Recommend this post (0)
Mon, 01 Aug 22 2:23 AM | 24 view(s)
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Msg. 34216 of 58589
(This msg. is a reply to 34214 by Decomposed)

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Decomposed > As for your "Good or Bad" question... how much do you think inflation has drained away from your original investment in 19 years?


Good question De.
Which is why I love companies that raise the dividend every year - the bigger the better.

Zim.




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The above is a reply to the following message:
Re: ConocoPhillips
By: Decomposed
in 6TH POPE
Mon, 01 Aug 22 2:15 AM
Msg. 34214 of 58589

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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