Looking for a unique gift for the investor in your life this holiday season? Cash and gift cards are easy, but they also require little thought or effort. Rather than spending money on something that will lie dormant in a closet for thirty years, why not go for something that might increase in value as time goes by?
From investments to financial planning education and advice, unique gifts for the investor have the potential to keep giving–year after year. In this post, we’ll explore some unique gifts for the investor in your life. From first-time investors to colleagues, finance nerds, and more–these unique gift ideas are a sure way to stuff some variety into your investor’s stocking this year.
How to Buy Stock as a Gift
Can you buy someone stock as a gift?
Yes. Stocks can be given or transferred to others as gifts. When you buy stock for the purpose of gifting, there are various platforms, websites, and other sources you can go through.
One way to gift stock includes the transfer of shares you already own. The ultimate “gift that keeps on giving” –this option comes with potential benefits for the holder and gift-giver as well. If the stock has appreciated in value, transferring it can allow you to avoid paying the capital gains tax.
The other option is to purchase stock through an online brokerage that supports gifting stock. Simple and convenient, these services are typically the easiest ways to gift stock. They make great gifts for a variety of investors, particularly first-time and young investors.
The Best Gifts for Young Investors
1. Gift Stock in The Investors Favorite Company
With Stockpile, you can purchase stock in the form of gift cards for the young investor in your life. Upon redemption, users can buy fractional shares of renowned companies like Apple and Starbucks. For new investors or those who research companies in great detail–Stockpile is the perfect financial gift.
If you’re looking to purchase an investment gift for a child–Stockpile lets you do this too. All it requires is that a parent or adult open a custodial account.
2. Acorns For Investors With Fear of Risk
Another platform that allows the purchase of stock by way of gift cards is Acorns. Fairly new on the finance app scene, Acorns is a micro-investing app that allows you to invest spare change. Simple and convenient, this platform eases the process for first-time investors to start saving for the future.
To give stock as a gift with Acorns, you will need to purchase one of their $25 gift cards. To redeem and start investing, the recipient will just need to sign up for a free account (if they do not already have one). The process is simple and mobile-friendly.
3. Financial Planning Session
This unique gift is highly beneficial for recent graduates leaving high school or college. In terms of meeting long-term financial goals, this is an investment gift with a lifetime of value.
According to a 2019 report, 36% of US college students said they already had more than $1,000 in credit card debt. On top of student loans in the double digits, many young people begin their early 20’s bogged down by financial debt.
A financial advisor can help inexperienced investors gain the knowledge to make smart financial decisions in the present. Thus, eliminating the need to clean up for colossal financial mistakes in the future. To get started, look for a financial advisor in your area and start making phone calls to see what your options are.
Keep in mind, financial advisors can be expensive. To check out a list of financial planning services geared toward young people, check out money Under 30’s list of the best financial advisors for millennials.
With Services like Betterment and SoFi, you can create a membership for the investor of your choice and fund their initial investment. When their membership begins, they can access perks like financial planning, career advice, and more.
Financial advice through Betterment comes with some fees, although there is no minimum balance requirement. SoFi offers free financial planning services, membership, and more.
Unique Gifts for the Savvy Investor
Whether it’s a gift for your financial advisor, a colleague, or a close companion with a zeal for finance, these gifts are sure to satisfy this holiday season. From traditional investors to financial trend-followers, here are some unique gift ideas for the experienced investor in your life.
4. Investment and Finance Books
“Bad Blood: Secrets and Lies in a Silicon Valley Startup,” by John Carreyrou
As we approach the close of 2019, this book ranks high on Amazon’s best-seller list. This is an excellent choice for the investor who loves a good page-turner.
Documenting the rise-and-fall of a biotech startup in Silicon Valley, the story divulges the juicy details of a startup valued at $9 billion. The startup was ultimately exposed as being built on a foundation of lies and deceit. 6.
“The Intelligent Investor” by Benjamin Graham
This is a classic title that will make an excellent gift for any investor on your list. This book was written as an investment guide and is revered by many for its “timelessness.”
If you need a unique gift for the investor who relies on tradition and historical perspectives for success, this book fits the bill. It is also referred to by Amazon as the “stock market bible.”
For more financial book ideas to give an investor, read Investopedia’s 7 Top Finance Books to Gift this Christmas.
5. A Gift For the Investor Who Loves Money
Liquid Money: the fragrance that can make you smell like a millionaire.
According to its official website, the scent of the Liquid Money fragrance is that of newly-printed money. As if that weren’t enough, each fragrance comes packed with real, shredded US dollar bills!
This is also a great gift for the investor with a secret Shark Tank obsession. The fragrance initially appeared on the show and was well-received. This is definitely the ideal money-lovers gift.
6. For the Investor Who Loves to Travel
Hotel ownership in America’s first seaside resort, Cape May.
For $2,500, investors an own a piece of The Ewing. A luxury boutique hotel in a prime location, The Cape May experience includes an area with high tourist activity and over 30 miles of beautiful, sandy beaches.
Investors will receive discounts and VIP treatment during stays at The Ewing. It’s also an exclusive opportunity, previously only available to wealthy, accredited investors. Hotel ownership and luxury VIP perks? Not bad for an investment gift. Click here to learn more.
What will you buy the investor on your list this holiday season?
Tell us in the comments below.