That's a very interesting give from your parents, for sure. Definitely worked out to say the least.
Why did it take years to get access to it? Josh Luthman Office: 937-552-2340 Direct: 937-552-2343 1100 Wayne St Suite 1337 Troy, OH 45373 On Thu, Sep 8, 2016 at 5:37 PM, Travis Johnson <t...@ida.net> wrote: > 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 > >
