You Inherited 31 Stocks at 64 and Do Not Recognize Most of Them. These 3 ETFs Are Where They Go
Published . Updated .
Covered by 2 outlets: 24/7 Wall St., Yahoo Finance.
Who covered it: Center 1 · Not rated 1. How we rate outlets
Inheriting 31 stocks you never chose and barely recognize sounds like a windfall, but at 64 it can feel more like homework you never signed up for. A stepped-up cost basis changes the math on selling, and three broad funds could turn that portfolio into something you can
Directly affected
- No company is named in this report.
Indirectly affected
- DIA SPDR Dow Jones Industrial Average ETF-1.7% 30d
SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- QQQ Invesco QQQ-0.7% 16d
Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- IWM iShares Russell 2000 ETF-4.2% 30d
iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- RSP Invesco S&P 500 Equal Weight ETF
Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
- VTI Vanguard Total Stock Market ETF
Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DIANo price data for this ticker | — | — | — | — | — | — | — |
| QQQ | +0.72% | -1.06% | base | after close | after close | after close | after close |
| IWMNo price data for this ticker | — | — | — | — | — | — | — |
| RSPNo price data for this ticker | — | — | — | — | — | — | — |
| VTINo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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You Inherited 31 Stocks at 64 and Do Not Recognize Most of Them. These 3 ETFs Are Where They Go 24/7 Wall St.
Source: 24/7 Wall St.
This story
| Company | When | Move | Status |
|---|---|---|---|
| QQQ | three days earlier | -1.06% | final price |
| QQQ | five days earlier | +0.72% | final price |
This story
25 out of 100
“You Inherited 31 Stocks at 64 and Do Not Recognize Most of Them. These 3 ETFs Are Where They Go” scores 25 out of 100. The score uses 2 sources.