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Annual investment gift to my kid
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Plainwayne
Posted 9/30/2021 18:11 (#9246034 - in reply to #9245760)
Subject: RE: Annual investment gift to my kid


East ks
I really think your wise to consider an investment gift. I’m not a financial advisor, but wanted to relate my experience. When both of my sons were getting married the wife and I discussed what we could do that would be meaningful to a young couple. We settled on gifting them 100 shares of stock that I had acquired through a monthly payroll deduction program. The stock over the last 15 years has split three times and the individual share price has quadrupled. The kids haven’t needed the money yet but there is a sizable amount if they ever do.

Edited by Plainwayne 9/30/2021 18:12
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