Looking for the perfect gift this holiday season? There is no need to resort to cash or gift cards, give the gift of stocks. Gifting stocks are easier than you may think, and there a several stock choices to fit everyone’s budget. Below is an overview of how to go about gifting stocks, including the benefits both for you and the gift recipient.
Gifting someone stock shares means you are providing the possibility of long-term wealth, meaning, the gifted shares could be worth much more in the future than their original price. You can’t say that about an iPad or Xbox. In fact individuals who received a share of Starbucks or Apple five years ago have more than tripled their worth today.
It’s true that giving shares of a single stock is the opposite of what most investors would recommend for a successful investment strategy. However, when you’re looking to teach a child or young adult about investing it’s a great way to gain their interest in the market. By gifting shares of a company that your recipient is interested, say Apple, you will have a much higher chance of engagement.
Do you want to give stock as a gift with no strings attached, so the recipient can do whatever they wish with the gifted stock once it comes into their possession? There are a number of ways to go about this,
Gifting stocks is a great way to establish a long-term investment for your gift recipient, its unique and allows you to personalize the gift by choosing the best type of company shares for the individual.
Advertising Disclaimer: Simple. Thrifty. Living. does receive compensation for some of the services that we recommend, although we only recommend services that we truly believe are the best.