I want to buy some stock as a brithday present for my little nephew turning 1 soon. Any idea how to do this?

Question

Website referrals would be helpful

Answer 1

Ignore James' advice to buy bonds. Your nephew shouldn't touch the fund for 17 years, and the odds of bonds beating stocks over the next 17 years are extremely low.

If the idea is to start a college fund you should diversify beyond one stock by buying an index ETF (exchange-traded fund). If the idea is education then a single stock is better. Disney, for example, has very attractive and entertaining annual reports, and you can relate the stock price to actual events like movie releases. If you don't get annual reports through oneshare or whatever, you can ask the company to send you one (look for investor relations on their Web site).

sharebuilder.com is another site where you can buy small amounts of stock.

Answer 2

1 year olds don't really "do" party games. In fact 1 year olds don't really "do" birthday parties, they have no clue what is going on. The party concept is more for the parents than the child since at a year old the child has no concept of time or that they've been on this earth an entire year. Actually a party sometimes (very often actually) upsets the baby because it's stressful for them. I suggest some cake and ice cream with grandparents present and maybe cousins or a close neighbor child but that's it. Time for the major celbrations is when he's a bit older and can understand and enjoy the party.

Answer 3

excellent idea...i did the same thing for my nieces and nephews...go to oneshare.com

there will be a list of all the stocks that you can purchase one share of....for the price of the stock and a bit more, you will be sent a certificate perfect for framing

this is a great site...it is perfect for you

Answer 4

Goto your local bank and buy him a 15 or 20 year bond...
Much better idea, and safer for the longer term investment.