What If You Bought $300 Worth of Exxon Mobil Every Month For Twenty Years Straight?

Since Warren Buffett announced his purchase of Exxon Mobil stock on behalf of Berkshire Hathaway, the price of the stock has gone up substantially in a two-month period for a company worth over $400 billion. Buffett paid about $90 per share. Since mid-November, the price has flirted with the $100 mark, currently at $99.52 as of the time of this writing. With a 10% or so pop in such a short time, I have heard from investors who have been dollar cost averaging into shares of Exxon and are now considering halting them.

I can’t tell you what to do, but here’s how I would think about it: Exxon Mobil is a beast. … Read the rest of this article! “What If You Bought $300 Worth of Exxon Mobil Every Month For Twenty Years Straight?”