AT&T Inc (T)

[bar1080]

"Legitimate question.. why not sell?" Yes, Ferda, a good question.

My small amount of AT&T came from my wife's family 11 years ago at about $31 a share. The Q dividend was $0.44 then vs 0.52 now. The shares (certificated) were acquired in several installments over many years. To sell, I'd have to dig out a death certificate and maybe even get a Medallion Signature Guarantee from a bank. Especially amid the pandemic, it's easier and healthier and to keep the stock... for now.

University studies show that stocks investors sell tend to outperform the market, while stocks bought tend to underperform it. Generally holding is the best policy, although, with AT&T, my ability to grab a small tax loss affects the odds. About 52% of the time, trading is dumb; holding is usually smarter, as this (and many other articles) suggest.
See: https://www.ivey.uwo.ca/news/news-ivey/2017/10/how-retail-investors-are-their-own-worst-enemies/