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Author: JeanDavid Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: Stock price history of defunct companies Date: 2/25/2012 6:34 AM
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I hope you do not have much.

In the old days, I owned two mutual funds that paid dividends monthly. I had the dividends and capital gains reinvested. I moved several times during that period. 10 years later I sold them and tried to get the cost basis. I had to pay $50 to each mutual fund company as a research charge to get the answer for the IRS. They were not great mutual funds, so I had made less than $50 each; less if you count the opportunity cost. This was in the mid 1960s. I could have bought Berkshire Hathaway for under $100/A-share at the time if I knew about it, and if I knew how to get it. That is the opportunity cost.

I had 10 shares of another mutual fund my grandmother bought me when I graduated from high school (1956). I decided not to pay a research charge and donated those shares to a charity. Let them figure it out. Actually, the charity did not have to figure it out.

So if you are lucky, you can give the shares to a charity. And at least get a tax deduction.
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