One of the best gifts I ever received was when I was an ignorant, flat-broke, imbecilic baby. My grandmother gave me some shares of Procter & Gamble stock. After 40 years, every $1 in stock that she gave me grew to be worth $70.
I do not have the gift-idea gene. If you get stuck, here’s a really good one! Open a ShareBuilder Custodial account for your child with Promo Code STOCKGIFT12. Deposit at least $25 and ShareBuilder will kick in $25.
The Gift That Keeps on Giving
Another nice perk about P&G stock is that every three months it pays a dividend. Every time I look at that stock and get that dividend, I am reminded of this perpetual gift.
You can get a $100 bonus if you deposit $5,000 by clicking here. They even have a fancy certificate that you can fill out online, print out and present.