STOCK DOCUMENTATION
STOCK DOCUMENTATION
stock question i know nothing about stocks?
My aunt bought me $50 worth of walt DISNEY STOCK for my birthday back in 1996. I am wondering how much that would be worth today and if it is a significant enough number to ask her to cash it in. Also, she put it in her name since i was underage, but my name is secondary on it, do i even need her to cash it? (i do not have any documentation about the stock, i just saw it on missingmoney.com)
it's still about $50 worth. your aunt probably bought you close to 2 shares only, and current share prices are trading at slightly over $20 each.
if you want to sell it, its most likely you need to get documentation from your aunt to sell these shares. considering the time it takes to gather the ownership records, take away the transaction costs, my advice is don't bother... unless you need 50 dollars that badly.
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