How to buy apple stock as a gift: How to Give Stocks as a Holiday Gift
Throughout 2022, AAPL paid a quarterly dividend of 23 cents per share. However, given the nature of dividends, this amount could change at any time. The easiest metric for understanding whether a stock is overvalued is the stock’s price-to-earnings ratio (P/E ratio).
Also, to make ETFs even more attractive, they function like regular shares and can be bought and sold on a fractional basis , too. 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.
Where can I get information on the company?
And if you’re giving stocks you already own, there could be a tax advantage for you. From a tax perspective, gifting is a smart way to transfer an appreciated stock, says Karl Schwartz, a certified public accountant and principal at Team Hewins in Boca Raton, Florida. Banks that don’t have their own money management divisions are partnering with Stockpile to promote investing options for their customers. Technology Credit Union in San Jose, California, encourages its online clients to, “Get hundreds of top stocks with no age or account minimum.”
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. You can find a stock’s P/E ratio by dividing the stock’s share price by its earnings per share . EPS is the amount of money each individual share of a company is worth, based on the company’s current profits. To sell your Apple stock, return to your online brokerage platform, enter the ticker symbol, the number of shares you want to sell and select a sell order type.
This is when you buy fixed dollar amounts of stock at regular intervals—usually monthly—regardless of the stock’s price. It decreases your risk and can help you pay less per share on average over the long term. Apple’s stock price is constantly changing, but it’s traded at more than $100 per share since before its last stock split on August 31, 2020. If you’re just starting out, you may not want to commit to purchasing a whole share of AAPL stock. Instead, you may prefer to buy a portion of that share, called a fractional share. Some brokerages—Charles Schwab, Fidelity, Stash and Robinhood—allow you to buy these portions of shares.
The benefits of gifting stocks
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. UniqueStockGift.com is a gift website owned by UniqueStockGifts Inc. All names and logos displayed on this page are owned by their respective organizations and appear for informational purposes providing the history of their company stock certificates.
Investing always has some level of risk, and buying a large amount of shares in any company can be particularly risky. If you have other investments, you’ll want to think about How AAPL may fit into your overall portfolio, says Brandon Renfro, a certified financial planner and investment advisor. “Apple is a large-cap tech stock, so investors should be aware of the other stocks they own in the same category,” he said. 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 . If you’re saving up to buy a home or build wealth, a taxable brokerage account is a better choice.
The gift tax, a federal tax applied to gifts, won’t be an issue for most people. You might find that buying even one share in a company is more than you can afford. In this case, fractional shares—if available—may be your best option. If the stock you choose exceeds your budget, consider buying fractional shares instead. Shares can be gifted via brokerage accounts, through specialist online apps, or, in some cases, directly from the company. There are a few different ways to gift stock, and the best way depends on the age of the recipient.
Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more. Her expertise is in personal finance and investing, and real estate. 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.
These generally have the same names and work similarly to the order types we covered above. You can find them on Apple’s investor relations site or by searching the SEC’s database. You can also make use of expert analyses to provide some insight, like you might find on Fidelity, Morningstar or Forbes. 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. Fees, services and investment options can vary by broker, so compare multiple brokerages to find the right one for you.
How to Give Stocks as a Holiday Gift
A 20 minute delayed price as well as other information regarding Apple stock is provided by Ticker Technologies. Buy one share of Apple stock as a gift in just 1 minute. This $16,000 limit in 2022 isn’t bound by familial or marital ties. So technically, you could give $16,000 in stock to all of your children, grandchildren, in-laws, friends and neighbors each year. Couples who file jointly may also be able to take advantage of gift splitting by filing Form 709, which allows them to utilize the doubled gift limit even if only one spouse is contributing.
Buy stocks or other securities you don’t already own, then gift them. Here are two reasons you might consider gifting stocks this year. 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. 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.
There’s still time to get your taxes done right with Harness Tax. Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners. At more than $100 per share, Apple stock may appear to be cheap—especially compared to its value of almost $500 per share in August 2020.
US resident opens a new IBKR Pro individual or joint account receives 0.25% rate reduction on margin loans. When you open a new, eligible Fidelity account with $50 or more. As long as the charity is set up for it, donating stock instead of cash can be a smart way to do good this holiday season. Many or all of the products featured here are from our partners who compensate us. 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.
Gifting stock to kids through a custodial account
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. Apple’s stock has split five times since the company first went public on December 12, 1980. Stock splits often occur when a company’s stock has begun trading at a premium. Eventually, the time will come for you to cash out and hopefully see a tidy profit on your investment. You can compare this information to other stocks or benchmarks like the S&P 500 and Nasdaq Composite Index.
If you’re not sure where to start, check out our picks for the best online brokers. There are other ways that you can give stock as a gift, but this is by far the easiest, cleanest, I think best gifting experience to where you actually have a gift card that you can give someone. The owner of company stocks is permitted to transfer ownership without incurring any penalties. Online brokers usually provide an option to make a transfer on their platforms. All you need to do is give your written consent and basically fill out some forms.