Just about 6 years ago when oil was just about worthless I bought 100,000 worth of oil companies. I looked for the cheapest at the time which was OXY trading just around $9.00 to $10.00 a share. Fast forward today my account has grown to 15,279 shares thru drip. and will receive another 85 shares next week. The account has ballooned and for someone whos the regular working guy it was very nerve racking taking the trip to the point of almost selling several times and cashing in. Just when I was going to do that Mr Buffet starting buying shares in the open market $50.00 to $55.00. I then decided to hold the position. During this time I have now retired from working and thought I may need help with a financial planner. I called a few and all I heard was to sell the position and put money elsewhere or buy a product they are pushing. I do have other positions mostly fixed income but energy is 89 percent of my portfolio . I do not need to use the dividends to live off of not now anyway. What I will do is continue drip until OXY hopefully reaches $55.00 to $60.00 then stop drip and put the dividends into more of fixed income. I guess what I am asking is does this sound like I am making a mistake
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