I'm going to dump $5k into XOM...
That's a pretty good bet...for a year. I can see it coming back up to pre-COVID numbers before it plays the roller coaster game.
I'd like to believe you could make $20/share in a year on Exon.
You would be better served to invest that 5K into higher education.
Why?
Couple ways I can read in to your statement:
I'm going to start my presumption that this was an attempt at a smart-ass comment pointing at Stlhdr1's knowledge and/or your presumption that having a higher education degree must make one more "smarter" than a person who does not have a higher education degree.
What is a degree going to get Sthldr1 that he doesn't already have?
There's something to be said for having a good chunk of common sense, a willingness to work and the yearning to keep on learning. I have spent countless hours getting to know Stlhdr1 and will vouch that he does indeed have a lot of common sense, is smart, a hard worker, and never stops learning.
A higher education degree doesn't guarantee anyone anything, nor is it a fix-all to how one measures success or one's education level.
I believe one our America's downfall is this imaginary belief that you will not succeed in America without a higher education degree. I truly wish America would invest in the trades and trade schools as a legitimate option for kids graduating high school.
If it's just a straight investment, he would be smart to invest in a 509B, or the GET program so that his daughter will have the financial opportunity to go to a higher education if she is able and willing to do so.
Better served? As none of us know the market, that may or may not be a true statement.