No... I will keep them. The funniest part is I am trying to close out a
different account right now so I can buy more Apple shares. I was hoping
to do it today, but it didn't happen soon enough. LOL
Travis
On 9/8/2016 3:59 PM, Cassidy B. Larson wrote:
So the big question is, are you gonna sell the stock?
On Sep 8, 2016, at 3:54 PM, Travis Johnson <[email protected]
<mailto:[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]
<mailto:[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
