Although the investment amounts can be small, you can still invest in big companies like Tesla, Bitcoin, Facebook, Apple, Google, Disney, etc. They have an innovative method and program that allows you to buy as little as $1 of stock. Stockpile is online investment and trading company for stocks. Now that we have tried it ourselves, we want to share why this is quite possibly one of the smartest gifts out there!
STOCKPILE GIFT FREE
We started with the free $5 and within a week’s time, our kids wanted to take out $100 from their savings accounts and invest it. The even better news is that you can get a free $5 of stock to gift to someone to play around with this system and try it out. In fact, we invested in Bitcoin a week ago with the free $5, and if you scroll below, you will see what this stock has done in one week. If you are to make any sort of smart gift move, this should be it.
It is not only a brilliant gift idea for anyone, but especially a child. Stockpile is a brilliant system for any timid, novice, or hesitant investor. You can also claim a FREE $5 to invest completely risk free for just trying it! And you can even invest it in Bitcoin! So let’s try to answer the question everyone is asking, “What is Stockpile?!” So I hope this helps you.We want to share how this is the smartest gift for kids and how you can start investing with $1. Or, you can check over at Stockpile website itself.īut all in all, I just think this is a great way to give a gift, and I’m super excited about it. So whatever works best for you.Īnd if you have any other questions, you can ask down on the comments down below. But it costs you a few bucks extra to do these, and additionally, you have to wait for them to arrive in the mail. Now, I think these plastic cards just feel like a normal gift card, and I think it’s a really cool way to do it. And then you can also print one off at home and put it in a birthday card or something like that to hand that to them as well. You also can send an e-gift, where it will send them an email where they will have basically a virtual gift card attached to it. You can just buy them directly from their website. You don’t even need an account to buy them.
STOCKPILE GIFT HOW TO
How do you actually get the gift cards?Īnd if you’re wondering how to actually get these gift cards, I think these are sold in some stores, but you can go to their website, and you can buy these. So, I love how accessible they’ve made this for the younger generation. Now that is pretty much the cheapest that I’ve found at any online broker. Can you invest more?Īdditionally, if the kids or any of the gift recipients want to invest more, they can invest more for 99 cents a trade. Thankfully, Stockpile doesn’t have any fees, and they have no minimums. The fees literally ate all of my investments out of my account. One thing I was wondering about is, are the kids going to be charged fees, like monthly fees in their account? Because I remember having an IRA that I opened as a teenager and they charged me like a $20 monthly fee, and I watched my balance go from, I think it was like two or $300 down to zero. Here’s a handful of questions that I had and wanted to get answered before I moved forward with this so I’ll just answer them here for you. So, it’s a gift that actually makes them money instead of one that is getting thrown away in a couple of years. That’s really all it takes to take one of these gift cards and redeem it and turn it into something hopefully far more valuable than what you’re actually spending. Then we’re going to go ahead and click Redeem, and then what we’re going to get is a portion of a share of Apple stock. It’s telling us what it is trading per share. I actually created a video that you can watch to see how this process works – just click the video below: (Since creating this video, we have learned that they are now charging $4.95/month to use their services.) If you’re looking for a unique gift idea to give, I’m sure you’ll like this too! I’ll also introduce you to the company that allows you to buy the stocks as gifts.Īnd, I’ll be sure to tell you why I like it so much. In this article, I’ll walk you through exactly how this process works. If you buy stock for them in a company they use and love every day, it is a fantastic way to get them interested in the idea of investing. Maybe it is Apple, Tesla, Nike, Snapchat, Netflix, or one of hundreds of other companies.
This is SOOO much better and more fun than the savings bonds we used to get as kids, because you can actually pick a company that your recipient might be interested in. You can get one share of stock (or even a partial share) as a gift for grandchildren, kids, nieces and nephews, or anyone.
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