Investment Advice

[kenzembo1]

I'm not a frequent contributor, however, I thought the kind, more investment savvy regulars could chime in and offer their advice in light of my situation ...

I inherited a fair amount of stock from a recently deceased elder family member. It is very conservative blue chip stock, which I believe was meant to generate income in the form of quarterly dividends to supplement her pension and social security up until the time of her death in March of 2016.

The breakdown and cost basis (value at the time of death) of each is as follows:

- 1,500 shares of General Electric (GE) @ $31.02 = $46,537.50
- 376 shares of Exxon Mobil (XOM) @ $83.92 = $31,556.55
- 250 shares of Proctor & Gamble (PG) @ $82.97 = $20,742.50

Total = $98,836.55

Unfortunately, a civil dispute kept me from collecting these assets until very recently and as many of you know, the market has not been kind to General Electric (in particular).

For reference, the current values (as of November 30th) are:

- 1,500 shares of GE @ $18.29 = $27,435 (-$19,102.50)
- 376 shares of XOM @ $83.29 = $31,317.04 (-$239.51)
- 250 shares of PG @ $89.99 = $22,497.50 ($1,755)

Total = $81,249.54

Now, I'm 31 years old with a good job and have a company matched Roth 401K and independent Roth IRA (and take advantage of the full $5,500 annual contribution). I have an emergency fund (3-6 months expenses liquid) and my only debt is my mortgage which I hope to pay off in the next 5 years. In other words, I don't really need the money and would like to keep it invested albeit transition it to more aggressive growth type mutual funds (A shares, non-managed) for a better long-term return.

My only concern is when to sell as I would currently absorb an estimated $17,587.01 loss. Thus, my question to you all of you is, in your honest opinion, what would you do if you were in my shoes?

I realize I can spread the loss out over 5 years, but realistically would only net an estimated $1,500-$2,000 in tax refunds over that time, or approximately 10% of the total loss. I hate the idea of selling "low" and am not in any major hurry, but am considering the opportunity cost (compound interest that would have otherwise been generated) associated with this decision as well.

Sorry for the long post, I appreciate your help!