Hey Sail-
In 2018, my Dad did what you recommend and took his life savings, bought Exxon because it paid a 5% dividend, and then he quit worrying.
My Dad died in 2020. He paid $90/share in 2018 and the executor sold it for $30/share in 2020.
You're right--my Dad never worried, even now. I'm a little ticked off, however.
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