Your best bet would be to draw up a shortlist of several companies first and then analyze each until you find one that is attractively priced and poised to grow in value for years to come. The amount the buyer pays for the card includes an additional $4.95 to $7.95 charge to cover interchange, brokerage fees and the costs of stocking the card. This is due to a four-for-one stock split on August 31, 2020.
- You can then take all of the information and expert commentary you collect to determine if Apple is a financially sound company you want to invest your money in.
- Stock splits often occur when a company’s stock has begun trading at a premium.
- This will give you a number you can compare to other investments as you gauge how well your investment performed.
One of the simplest ways to get kids started in stocks is to set up a custodial brokerage account. You’ll be able to transfer existing shares of stock, mutual funds or other securities from your account to the custodial account, or buy specific securities directly within the custodial account. The child will take control of the account when they hit a certain age — typically 18 or 21, depending on the state. If you’re thinking about your legacy, gifting stocks can be a valuable tool, as opposed to liquidating and paying capital gains taxes. As of 2022, the IRS allows you to gift up to $16,000 per year, per person — including stock.
Check out the plastic card racks at your Kmart, Safeway or Wegmans, and there’s a good chance a display featuring a $25 card for Apple stock will be right near the Best Buy and Applebee’s gift cards. Additionally, if the kids or any of the gift recipients want to invest more, they can invest more for 99 cents a trade. Now that is pretty much the cheapest that I’ve found at any online broker. So, I love how accessible they’ve made this for the younger generation.
Gift cards for hot tech companies are just the beginning, but they’re proving there’s a big appetite for easy-to-buy stocks. The company’s first stock split occurred on June 16, 1987 with a two-for-one split. Stock splits often occur when a company’s stock has begun trading at a premium. If you have questions about the decision, it’s worth consulting a financial advisor.
You may also want to revisit the fundamental data you looked at earlier to see how it develops over time. 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. The fees literally ate all of my investments out of my account. You can even buy stock as a gift card with this website/app that I’m going to share with you.
Redeem Your Code
Whether you’re an Apple fanboy or you can’t quit your Android, there’s no denying Apple Inc’s (AAPL) power in the stock market. Over the past five years, AAPL has returned better than 270% to its investors. So at this point, if they did want to get a different option, if they wanted to invest in an ETF or if they wanted to invest in a different stock, they could.
Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. By focusing on gift cards, Stockpile has a new way of entering that market. But it doesn’t end with parents buying stocking stuffers for their kids or grandparents purchasing graduation gifts.
The company’s overall value hasn’t decreased significantly since then, but the price per share decreased due to the stock split diluting the share pool. His writing has been featured on Forbes, The Huffington Post, Yahoo Finance, CBN, Crosswalk, Patheos and others. He has been a full-time writer since 2008 and loves uncovering financial wisdom in the Bible as well as discovering the best tools and strategies to help you put more money in your pocket. 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.
Once you’ve found the company’s P/E ratio, you’ll want to compare that number to past P/E ratios or the P/E ratios of the company’s main competitors. In the case of AAPL, this could be Dell, Lenovo, Microsoft or Samsung. Choose the stock or index fund you’d like to give and buy a gift certificate.
Accept your gift
UniqueStockGift.com is a gift website that provides a unique gift by allowing customers to easily and affordably buy a real share of stock as a gift. Although this is real stock, we do not market our product as an investment nor do we in any way provide investment advice. UniqueStockGift.com is not a registered broker-dealer and carefully follows rules established by the SEC for a novelty stock gift company. We recommend that those looking for an investment contact a financial advisor or registered broker dealer.
Because investment funds own hundreds or even thousands of different stocks, they’re generally considered less risky than owning individual stocks while still offering solid long-term returns. Eventually, the time will come for you to cash out and hopefully see a tidy profit on your investment. To evaluate the performance of Apple or other stocks, start by looking at the annualized percent return. This will give you a number you can compare to other investments as you gauge how well your investment performed.
This influences which products we write about and where and how the product appears on a page. Here is a list of our partners and here’s how we make money. Get this delivered to your inbox, and more info about our products and services. AAPL’s most recent stock split was a four-for-one split on August 31, 2020.
You could also buy shares of index funds or exchange-traded funds (ETFs) that own Apple. You can research funds and buy shares using an online brokerage account. For kids, it’s a slightly harder sell because they probably don’t have any long-term dream for which they’re saving up.
Robinhood offers no-fee investing, generating revenue on interest from uninvested cash balances. Other services like Wealthfront and Betterment are designed to automate investing through low-fee, tax-efficient index funds. While individual shares are one way to invest in Apple, they’re not your only option.
Apple stock makes for popular Christmas gift
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, if you want to see how this works once your recipient gets the actual gift card and how they redeem it, we’ll just walk through that process right now. All they need to do is come over to the Stockpile website and then go to Redeem the code. You can get one share of stock (or even a partial share) as a gift for grandchildren, kids, nieces and nephews, or anyone.
Here are two reasons you might consider gifting stocks this year. This year may be an ideal year to gift stock, considering ongoing supply chain delays. This means the gifts you’d like to buy may not be on shelves, and even if they are, inflation could be making them too pricey anyway.
- Obviously, going the ESG route means limiting your choice of available investments.
- To sell your Apple stock, return to your online brokerage platform, enter the ticker symbol, the number of shares (or dollar value) you want to sell and select a sell order type.
- Even CEO Tim Cook doesn’t have an unlimited amount of money to pour into Apple.
- Keep in mind, if your investment has increased in value, you may owe taxes on your profit.
- Other services like Wealthfront and Betterment are designed to automate investing through low-fee, tax-efficient index funds.
- Before taking the leap and buying your loved ones stock as gifts, it’s important to be aware of any present or future tax bills.
EPS is the amount of money each individual share of a company is worth, based on the company’s current profits. And 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. 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. 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.
Gift Tax
In many ways, you can’t go wrong with giving shares in a company as a gift. Sure, this may not generate as much excitement as, say, the latest PlayStation console or smartphone. However, stock is one of the few things that has a decent chance of growing in value, turning money into more money. Information and history of the Apple stock certificate…The certifciate shown was provided to apple shareholders from 2005 to 2009. Apple was one of the first companies to move away from registered stock certificates in favor of electronic registration. The replica certificate has a modern flair and is based on the company’s last certificate design before it stopped.
You can gift stock to kids through a custodial account, while you can gift stock to adults through a simple transfer. To enable gifting, Stockpile had to develop technology around fractional shares, so that a $25 Tesla card would allow for ownership of less than an eighth of a share. Additionally, Stockpile worked through the regulatory process to become a registered broker. However, if Apple’s share price increases over the next 10 years at a rate comparable to the last 10, then a single share of Apple—barring stock splits—could be worth more than $1,000. You can find a stock’s P/E ratio by dividing the stock’s share price by its earnings per share (EPS).
If you’re investing for long-term goals, like your child’s college education or your retirement, you’ll probably want to buy AAPL in a tax-advantaged account like an individual retirement account (IRA). If you’re saving up to buy a home or build wealth, a taxable brokerage account is a better choice. If the recipient sells the investment within one year at a profit, they will have made a short-term capital gain, which is taxed as ordinary income.
To honor the founder, the certificate bears Steve Jobs printed signature as CEO. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Stockpile is among a new crop of companies applying technology to investing with the goal of bringing down fees and opening the market to a wider swath of retail investors. If you’re interested in buying Apple stock, the first thing to do is to research the company’s history and familiarize yourself with its current financial position.