What do I do with stocks that belong to my parents, but can no longer be managed by them?

Here's what I'd do if I were in your shoes:

1. FInd out what was the entry price that your parents bought them at.

2. Check if you're sitting on losses or profits now. If the current price is less than the original entry price, factor in dividend gains over all these years to make a more accurate assessment.

3. Next, look at the underlying fundamentals of the stocks. Are they still worth holding on? Are they good investments now? If the answer is yes, then just hold.

Whether to hold or sell now would depend on what you do in step 1 and 2. So get those details first before you decide how you want to manage it.

P.S. Most of the stocks you mentioned are relatively safe blue-chips so it shouldn't be too bad - my guess is that they're probably sitting on profits if they bought a long time ago and not at too high a price.

It depends on the purpose of this investment. Start with what you think is the purpose of this stock portfolio. Is it for their retirement? Or is it spare cash thats used for general wealth enhancement? Because the purpose of the portfolio will determine what strategy you can deploy.

If you are still lost, I will suggest to speak to an investment adviser (ie. MoneyOwl, Providend, iFAST). You can also consider iFAST's Stock Managed Account (SMA) services. The underlying stocks manager will be professional fund managers from Nikko AM.

It would be good to obtain the cost price & number of units they have, coupled with the dividend earned over the years to identify how the investments have performed over the years.

Depending if you'd still be keen on investing, you can choose to manage the stocks i.e. look back historically on how the company has progressed over the years, management, business profile etc. and decide how the company is poised to do in the future, or if you really aren't keen on investing anymore, then you could just sell it off.

I think it would be good as a first step to create a tracker for them - what was their entry price? High chances that they are reaping pretty good dividends (or even capital gains) over the past few years already (because the best stocks are those that you literally ignore and check back, in your case 5-6 years later).

Thereafter, you can do some fundamentals research/analysis on the stocks they bought. Has anything changed since 5 years back? If not, can consider to continue holding. If it has, then evaluate your options if you can sell them and put into elsewhere. Take that as your beginner's journey to analyse businesses!