Neat!

Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373

On Thu, Sep 8, 2016 at 5:54 PM, Travis Johnson <[email protected]> wrote:

> The shares were originally purchased through an actual stock broker in
> town. They went out of business probably 15-20 years ago. About four years
> ago, I received contact from a company called Computershare claiming they
> had been put in charge of shares of technology companies that had not been
> claimed or updated. My parents have probably moved six times during the
> last 29 years, so any mail was being bounced back.
>
> We filled out their required paper application (along with a notary
> signature) and sent it back to them. I never heard anything more, and
> honestly figured it was a scam of some type. I made attempts over the last
> few years to contact them (via the telephone number on the form), but it
> was always voicemail and I never got a call back. I tried their website
> many times as well, but without knowing an account number, I was never able
> to login to their online system.
>
> Today when I checked, they had a new feature to request your account
> number if you could provide all kinds of personal information... so after a
> few guesses (like zip code, etc), I was finally able to get into the
> account.
>
> Travis
>
>
>
> On 9/8/2016 3:40 PM, Josh Luthman wrote:
>
> 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 <[email protected]> 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
>>
>>
>
>

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