10-18-2021, 11:59 AM
What do you do with free stocks from reward programs? Do you keep for long term or s
<!-- SC_OFF --><div class="md"><p>I have gotten around 50 bucks from webull from a few stocks, I think five shares of COTY, one share of GNW, and one share of ADT.</p> <p>Of course, I never have heard of these companies before in my life and I don't know anything about them. Part of me wanted to just sell them for an ez 50 bucks because the reward program was "Deposit *any* amount to win some free shares", so I deposited one penny and got those free shares of those stocks, with a combined worth of around 52 currently. Part of me wanted to sell, but 50 bucks isn't *really* that much, and I am curious to see what these stocks will do in the long run. But, do you normally hold your free stocks, sell them as free money, or look into the companies and see if they're worthwhile to invest more in?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/MythrowawayAcc5678"> /u/MythrowawayAcc5678 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qadz01/what_do_you_do_with_free_stocks_from_reward/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qadz01/what_do_you_do_with_free_stocks_from_reward/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I have gotten around 50 bucks from webull from a few stocks, I think five shares of COTY, one share of GNW, and one share of ADT.</p> <p>Of course, I never have heard of these companies before in my life and I don't know anything about them. Part of me wanted to just sell them for an ez 50 bucks because the reward program was "Deposit *any* amount to win some free shares", so I deposited one penny and got those free shares of those stocks, with a combined worth of around 52 currently. Part of me wanted to sell, but 50 bucks isn't *really* that much, and I am curious to see what these stocks will do in the long run. But, do you normally hold your free stocks, sell them as free money, or look into the companies and see if they're worthwhile to invest more in?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/MythrowawayAcc5678"> /u/MythrowawayAcc5678 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qadz01/what_do_you_do_with_free_stocks_from_reward/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qadz01/what_do_you_do_with_free_stocks_from_reward/">[comments]</a></span>Kind Regards R