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I am the recipient of a portfolio of stocks. Most are Baby Bell hand me downs and the rest are utilities. I need guidance on where to go with all this

I also inherited AT&T and all it's babies. I would not let the trust sell any of it when they wanted to "diversify" the trust holding and believe me I'm glad I stood my ground.

There's a good chance all that will go into my estate. Those stocks are still good and will probably be so into the future. My cost basis on them dates back to 1986 so there's a huge capital gain. Most of them pay good dividends and I don't have any reason to sell.

I don't know about the utilities. Follow the Fool philosophy and don't sell just because you think you need a change. Study them as you would if you were planning to buy them and you may find they look like keepers.

Carol
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