Q&A: A banker friend convinced me to buy shares of Barrick Gold in 2005. He has died. Anyone able to advise me?
He told me it was a good investment. I bought 500 shares at about $ 10/share. Are shares of Barrick Gold worth much in today?s economy? I am not investor smart. Are they still worth at least the $ 10 I paid for them? Should I sell them now to at least break even or close to even? Or, should I hold on to them? Please, any advice would be helpful. The $ 5,000 I paid for the 500 shares is a lot of money to me.
Goldsenze Answer:
Yahoo search says it is at about $ 45.00 a share. Looking good!
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