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Never Underestimate The Power Of Big Oil

October 1, 2018

Via: Forbes

I became a shareholder of Chevron CVX -0.16% Corp (NYSE:CVX) when it acquired the former Texaco, which I believe was the first stock I ever bought. I was fresh out of business school and made an investment in Texaco’s dividend reinvestment plan, and I’m happy to report that I literally make more in dividends every year than my original investment. I expect to pass the whole thing on to my kids, hopefully many years from now with the account at a much higher level.

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