4min chapter

Investing Experts cover image

Exxon Mobil - is good news priced in? Bull/bear thesis with David Alton Clark and Callum Turcan

Investing Experts

CHAPTER

How to Cash in on the Tsunami of Cash

ExxonMobil is a long term buy and hold play, sleep easy at night kind of play. Over the short term, it really comes down to are you bullish on oil prices? Will we avoid a recession or are you bearish on oil Prices? I think ExxonMobil can be prepared for any eventuality. There's there's two ways to create income for retirement. One is by buying high dividend, you know, or dividend producing stocks. The other one is by taking capital gains in stocks and either redeploying them into higher dividend producing stocks or using the tax loss strategy to negate the capital gains if you're in a tax advantage account.

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