I cannot stand when people give the boys stuffed animals as gifts.
Basically, I really don’t like toys as gifts period. Sure the boys love it (at the moment) but within a few days it just turns into useless junk that clutters my house (or things that will be re-gifted to other kids in the future).
My all time favorite gift for the boys is when my parents buy them stock. I LOVE THIS!!!!!
It isn’t an eyesore at my house, it continues to earn money as the boys get older, it’s great to support businesses and the economy, and it creates talk about investments and the financial world with the boys.
Plus, as they get older, the boys will reap much more benefits from stock shares than 5 Rubik’s Cubes.
Amarendra Bhushan, Founder and CEO of CEOWORLD Magazine and Lucentbyte Media Technologies LTD did a great write up about stocks he recommends to buy for kids in 2010. Here are his thoughts:
Amazon [[AMZN]]- Amazon.com, Inc. , a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel; Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto & Industrial. Amazon Web Services provides Amazon’s developer customers with access to in-the-cloud infrastructure services based on Amazon’s own back-end technology platform, which developers can use to enable virtually any type of business. Examples of the services offered by Amazon Web Services are Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple Storage Service (Amazon S3), Amazon SimpleDB, Amazon Simple Queue Service (Amazon SQS), Amazon Flexible Payments Service (Amazon FPS), Amazon Mechanical Turk and Amazon CloudFront.
Apple Inc. [[AAPL]]- Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, as well as sells various related software, services, peripherals..
Among the key offerings from Apple’s product line are: Pro line laptops (MacBook Pro) and desktops (Mac Pro), consumer line laptops (MacBook) and desktops (iMac), servers (Xserve), Apple TV, software, Mac OS X and Mac OS X Server operating systems, iPod (offered with up to 120 GB of storage with the iPod classic or with web browsing and touch screen controls with the iPod touch), and the iPhone (now available for sale in over 80 countries)
British Petroleum plc [[BP]]- BP is one of the world’s largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items.
Cisco Systems [[CSCO]] enables people to make powerful connections-whether in business, education, philanthropy, or creativity. Cisco hardware, software, and service offerings are used to create the Internet solutions that make networks possible-providing easy access toinformation.
Ford Motor [[F]]- Ford Motor Company designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services.
Google Inc [[GOOG]]- Google Inc is a global information technology leader, innovating how people connect with information. Google’s automated search technology has made its free search engine website the number one visited website on the Internet, as rated by ComScore and Alexa.com displacing Yahoo.
Intel Corporation [[INTC]] – Intel Corporation designs, manufactures, and sells integrated circuits for computing and communications industries worldwide. It offers microprocessor products used in desktops, nettops, workstations, servers, embedded products, communications products, notebooks, netbooks, mobile Internet devices, and consumer electronics, as well as in embedded designs, such as industrial equipment, point-of-salesystems, panel PCs, automotive information/entertainment systems, and medical equipment.
Nokia Corporation [[NOK]]- Nokia is a Finland-based company, established in 1865. The company is a leader in mobile communications. It has an employee base of around 58,874. It has 14 manufacturing facilities located in China, UK, Finland, Hungary, Germany, Mexico, Brazil, and the Republic of Korea. Its Research & Development centers are located in Japan and China.
Oracle Corp. [[ORCL]]- Oracle Corporation, the world’s largest enterprise software company, specializes in developing and marketing enterprise software products — particularly ERP, CRM, EPM/BI, VCP, GRC, database and middleware management systems. Through organic growth and through a number of high-profile acquisitions (PeopleSoft, JDE, Siebel, Agile, Hyperion, Demantra, Retek, BEA, Sun and others)..
Walt Disney Co [[DIS]]- The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, interactive media and consumer products. Disney is a Dow 30 company with revenues of approximately $36 billion in its most recent fiscal year.
Next time you are thinking about if your child REALLY needs another Barbie Doll or Wii game, try something new, and invest in some stocks.