Hi,
So today, I was finally able to login to a brokerage account that was
setup by my parents in 1987. They had given me four shares of Apple
stock for my birthday, but because I was a minor, they had to be put
under one of my parent's names as well. I think they spent about $200
for the shares at that time.
I logged in to the account (that has literally taken me YEARS to get
access to) and discovered I now have $8,800 worth of Apple stock. It was
a great surprise, and the bonus was the $670 worth of dividend checks
that were just sitting in the account because they didn't have a current
address.
Doing some quick math, that works out to about 13% interest over the
last 29 years. Apple just paid for my new iPhone 7. :)
Travis
- [AFMUG] Apple stock Travis Johnson
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