Share-ing Is Caring: Give the Gift of Stock
This holiday season, buy your kids a gift with staying power: a single share of stock in their favorite company. It'll teach them a little bit about the stock market; it can grow in value and is worthwhile, but is also fun. You can decipher what company might have special meaning to them, such as Disney (DIS), Coca-Cola (KO), Mattel (MAT) or Nike (NKE).
Single shares of stock are an easy buy too. A variety of Web sites offer their services, so that the gift can be ordered with a click of the mouse and a credit card. The share you buy is tangible and can be made into an attractive wall hanging for your child's bedroom; shares come framed and can include customized inscriptions on small mounted plaques. Some sites, like
|Mickey Would Approve|
At Web sites like
OneShare also provides an extra service for those families looking to use the gift as an educational tool for kids or teens. "My First Stock" includes a card of congratulations, an owner's manual, and a quick reference guide.
|All That Glitters|
Of course, these services cost more than just the price of the stock. Shareinaframe will charge you a $33 processing fee and the cost of the frame, which starts at $20 and goes up from there. Transfer fees at other sites, like
|Bill Gates, Eat Your Heart Out|
All you'll need to provide is the gift recipient's full name and street address. Remember though, that after registration is complete, they will be notified by mail of the proper tax documents needed to make the purchase legal. If the recipient is under 18, a custodian must also be named. That person's name will appear on the certificate as well.
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