We have semi-small positions in abot a dozen stocks. A few came from MO splitting off PM, Kraft, Mondelez.
PG, DE, HSY, SBUX, KO, KR, MSFT, and two lovely blocks of GE. All base positions have been in portfolio for over ten years, and the most recent purchase was six years ago. We don't trade, we don't play. We buy and hold.
I expect these to go into a donor fund sometime in the next couple decades. These make up right around 4% of our portfolio. There's another 3% in two active mutual funds in taxable from almost twenty years ago. When we see a correction, I'll swap them into VTSAX where the rest of our taxable bucks are. Didn't know enough in the last recession to go to lower cost index funds.
I enjoy the individual stocks. They aren't doing much to overall portfolio, and I get a kick out of watching the history since we have dividends being reinvested (yes, in taxable, yes it could be a pain, but that's where donating should help a bit).
So we will hang on to them. Even if (when?) one of the companies goes bankrupt, that will also be interesting to actually see a holding value just go away. I'll be a tad cranky, but the rest of portfolio gets all the fresh cash which is about the same amount per year right now as we have in individual stocks, so the percentage should just keep decreasing anyway.