My grandfather just passed and my grandmother has 500 shares of PEP that have been accrued over the years. There are very significant unrealized gains.
It has been suggested to sell them all and put the cash in a savings account yielding 2% but I think holding on to them for the PEP dividend makes more sense since the after-tax dollars that will be put into the savings account will be significantly less than it is now.
What do you think?
Yes the price of PEP could drop significantly at any point, but the dividend will remain so why bother ever selling?
Submitted May 02, 2017 at 12:47PM by BuzzedAndConfused http://ift.tt/2p5zJS8
