I am an ex CBA employee and was allocated a total of 96 shares in the 3 yrs that I worked with them, which I held onto for the past 10 yrs, totally oblivious to what they were, how much they were worth, etc... Every 6 months, I was receiving an extra amount into my account (dividends) and I just kept going about my business. Well, recently (since having baby#3), I haven't been able to work as much as I used to and I needed some cash to stay on top of things and I remembered that I had these shares and on an impulse, I registered with commsec and sold them. All of them!!! Since then, I've been reading up on maybe investing some of that money into another company, most probably a safe one (if there is such a thing) but with all that reading, I can't help but think I may have made a mistake and I should buy them back.
At the end of the day, I am looking at long term investment for the children. Is it worth buying them back and holding onto them for an even longer period or is it time to look at something else?