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Sean HymanSean Hyman
Keymaster
Post count: 5643

It’s actually simpler than that. It’s because:

1) We’d have around a 10% return in under a year.
2) We’ve got plenty of oil exposure and could use to lighten USO and essentially exchange it for XOM, which we’re newly in.
3) Eventually, there will be another sizable dip in oil’s price, most likely, and we might as well not have some oil picks dip with it, but if we do…it might as well be the ones with dividends we’re raking in, along the way. (And when I say dip…I don’t mean crash or downtrend. I mean a sizable dip within an uptrend, overall).