Buying stocks as a gift

Buying stocks as a gift

By: Zaec Date of post: 30.05.2017

Before you resort to the Starbucks gift card for the collegian in your life—again—or an Apple gift card for the hip techster in the family, why not consider giving a share of Starbucks or Apple stock? A share or more of Disneyparent of the ESPN Network, plays to those passions. Anyone who had received shares of those stocks five years ago has more than tripled her money, making stocks one Christmas or Chanukah gift that can keep giving well after the holiday season is past.

It's true that giving shares of a single stock violates all principles of diversification. And maybe, just maybe, introducing a youngster or young millennial to the world of investing via some shares in a company they know—and like—tip the scale toward stocks when they eventually start investing in a k or Roth IRA. Millennials have been slow to embrace stocks. But it also will make it harder for them to reach their long-term savings goals.

Your first gift-giving task is to choose one of these three ways to gift the stock: Sites such as giveashare. The certificate may be a real-deal stock certificate or a replica. For example, in Disney, with its fab animated stock certificate featuring Walt, Mickey Mouse, and Donald, stopped issuing the real deal, choosing instead to register owners only electronically.

But you can still get buying stocks as a gift collectible version binary option robot auto trader the stock certificate: You can have stock you own transferred to another account.

Contact your brokerage and ask for a stock transfer form. For recipients under the age of 18 the transfer must be made into a custodial account with an adult usually a parent listed as the custodian. Some companies, including Harley-Davidson, Mattel, and Nike, offer direct stock purchase plans, and you can have dividends automatically reinvested in more shares. FirstShare, an online site that offers dividend reinvestment programs DRIPs has a list of companies offering direct investment.

Stock as a Gift for Your Kids? - Consumer Reports

Fees vary at each company. For example, Harley-Davidson will let you get how to make origami money fish with just a one-share purchase. Once you've decided how to give the shares, you'll want to pick a company that both taps into the recipient's interests and has at least some potential to grow over time.

Because the major indexes are at or near all-time buying stocks as a gift right now, screaming deep-discount values are hard to come by these days. Movie Buffs and Binge Watchers. GEICO is a wholly owned subsidiary of Berkshire Hathaway. You know Microsoft for its Windows and Office software.

#1 In Share of Stock Gifts - Buy Disney stock and others

In the most recent quarter, Microsoft sold 2. The stock recently traded right around fair value. Twitter trades a slight discount to fair value.

Can I give stock as a gift? | Investopedia

Uber Uber Just Made It Easier for You to Tip Your Drivers. Amazon This New Amazon Prime Benefit Will Let You Try on Clothes Before Buying Them. MONEY photo illustration —Li Jingwang bow ; Kord. Everything You Need to Know to Give Stocks for Christmas. Warren Buffett The One Stock Warren Buffett Is Most Likely to Sell in The One Stock Warren Buffett Is Most Likely to Sell in Customer Service Site Map Privacy Policy Ad Choices Terms of Use Your California Privacy Rights Careers.

All products and services featured are based solely on editorial selection.

MONEY may receive compensation for some links to products and services on this website. Quotes delayed at least 15 minutes. Market data provided by Interactive Data.

ETF and Mutual Fund data provided by MorningstarInc. Powered and implemented by Interactive Data Managed Solutions. Best Places To Live. Best Cell Phone Plans.

buying stocks as a gift

The Best Mutual Funds.

Rating 4,1 stars - 740 reviews
inserted by FC2 system