RE: New to shares21 May 2020 15:29
Welcome Tim. Just my penny's worth - if these have cost you nothing then it may be worth just hanging on to them. The advice to take profits is good too. I've been here for yonks and nearly sold out when the price was in the high thirties but didn't. I regretted that decision at the time, and as the price slid back further, but I always felt that even at 38p, the price had further to go so I'm glad to still be in. A better investor than me may have traded them at that point and bought back in lower, it's all about what's right for you at the time. I'm not sure what your financial goals are but you're (I assume) still young and this goes very well in your favour. As The Old Bee says, you've got some good names in your portfolio. The benefit of being a younger investor is that your time horizon is longer and therefore you can expose yourself to more risk than someone who's approaching retirement, for example. You mentioned this is becoming more interesting than you thought. That's excellent! As another poster commented, these share would have been chosen either for what they are doing now, or indeed what they will be doing later. The thing they all have in common though is that your grandfather would have had some level of interest or knowledge about them, what they do, etc. It's unlikely they were picked at random. Research is paramount and will help you hugely in making informed decisions. Good luck with whatever you decide to do.