I have my own collection of individual stocks which I call my mutual fund. They are all dividend reinvestment stocks and most are direct purchase so I didn't need a broker. I bought them back in 2000 when I got my first full time job and stock prices were high. I planned to hold them long term so I wasn't worried about their value.
With all that has gone on since 2000, I am not surprised that they aren't worth as much as I had hoped, although I am disappointed. Every year at tax time I added up their totals since I have to pay tax on the dividends. I had hoped they would be worth $5k, then when the economy tanked I hoped for $4k, then GM went bankrupt and I hoped for $3.5k. I just added them up and they are barely worth $3k. The worst losses in value came from Motorola and Eastman Kodak. This is a bad time to sell.
I suppose 10 years is a long term investment to some and not long enough for others. If I don't sell them and use the proceeds for my mortgage then I will have to add at least 2 more months on to my mortgage plan. Ugh, that sound awful. If I don't sell, I should at least sell Motorola and Kodak and reinvest in one of the other stocks that has done well over the last 10 years like Proctor and Gamble. Maybe that would give my little mutual fund a chance to grow.
I haven't decided what I will do yet. 8 more months for the mortgage seems like a very long time and that's IF my tenant pays regularly. Then there's the capital gains tax that is going up next year. I should sell now or many years from now. Decisions, decisions.