StashLearn
Get the app
Get the app

Join millions of investors on Stash

Investing, simplified

Start today with as little as $5
Get the app
Life

Gift Stash. Not Stuff.

December 17, 2018

2 min read

The holidays—it’s the time of year to stuff stockings, purchase gifts on the sly for coworkers, and to do your darndest to make sure your children’s’ dreams come true. Typically, that involves getting them the year’s hottest, flashiest toys.

For parents, it can be hard to keep up in the world of Pokemon cards, Tickle-Me-Elmos, and Hatchimals. And unfortunately, kids often lose interest in these types of toys quickly. So, why not think outside the box and get them a gift that could last a lot longer?

With a Stash Custodial Account and Gifting, you can give your kids, grandkids, nieces, nephews, or other children in your life a gift that can keep on giving.

Of course, there’s always the risk that any investments or financial products purchased by a custodian for a beneficiary could lose value with time. Keep that in mind before you completely ruin the holidays.

It beats the heck out of some of the stuff that Santa’s going to drop off, like the following.

Legos

Fun fact: There are roughly 80 lego bricks for every person on Earth.

Legos can be cripplingly fun—especially when you manage to step on one barefoot. While many kids love Legos, they’ll outgrow them and get bored at some point.

Arts and crafts

Fun fact: Glitter has been used by some cultures dating back as far as 40,000 B.C.

You may have a beautiful home, with freshly painted walls, spotless flooring, and some respectable furniture. Why play a game of Russian Roulette with your interior? Leave the paint, markers, and chalk to somebody else.

Critters

Fun fact: A reticulated python can cost more than $150.

Sure, a puppy, kitten, or reticulated python in a box might make for a cute Christmas morning photo op. But you wouldn’t believe how hard it is to scrub dog urine out of a dirty couch cushion. Pets are a lot of responsibility, so think twice before getting the kids a Dalmatian.

Musical instruments

Fun fact: Nearly 45% of amateur drummers suffer from tinnitus—a chronic ringing in the ears.

Your kid is probably no John Coltrane. Maybe it’s best to avoid giving musical instruments, unless you plan on giving yourself a headache supreme. Instead of banging away at a snare drum, try banging away at future financial troubles by investing for your kids’ future.

Animatronic nightmares

Fun fact: a Furby can say almost 200 words in English and “Furbish.”

Who wants a robotic nightmare that will wake you up in the middle of the night with nonsensical “Furbish” words? Animatronic toys are fun for a few minutes, but quickly lose their appeal—remember that when trying to decide what to put under the tree.

RC cars

Fun fact: The fastest RC car in world history has a top speed of more than 200 miles per hour.

Do you value your ankles, toes, and heels? Avoid Achilles’ fate and forgo buying that remote controlled car—let the kids wait until they’re teenagers before they total a vehicle. RC cars, boats, planes, and drones are another class of toys that kids will grow bored with. But they’ll probably never get tired of stocks, bonds, and funds.

Find out how to open a Stash Custodial Account for your loved one, and help set them up for a more financially secure future.

By Sam Becker
Sam Becker is Stash's financial writer.

Investment Profile

Bonds Worldwide

An International Bond ETF on Stash

Learn more
Explore more articlesChoose a topic to learn more about
Technology budgeting market news pop culture social media
Disclaimers

This material has been distributed for informational and educational purposes only, represents an assessment of the market environment as of the date of publication, is subject to change without notice, and is not intended as investment, legal, accounting, or tax advice or opinion. Stash assumes no obligation to provide notifications of changes in any factors that could affect the information provided. This information should not be relied upon by the reader as research or investment advice regarding any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

Furthermore, the information presented does not take into consideration commissions, tax implications, or other transactional costs, which may significantly affect the economic consequences of a given strategy or investment decision. This information is not intended as a recommendation to invest in any particular asset class or strategy or as a promise of future performance. There is no guarantee that any investment strategy will work under all market conditions or is suitable for all investors. Each investor should evaluate their ability to invest long term, especially during periods of downturn in the market. Investors should not substitute these materials for professional services, and should seek advice from an independent advisor before acting on any information presented. Before investing, please carefully consider your willingness to take on risk and your financial ability to afford investment losses when deciding how much individual security exposure to have in your investment portfolio.

Past performance does not guarantee future results. There is a potential for loss as well as gain in investing. Stash does not represent in any manner that the circumstances described herein will result in any particular outcome. While the data and analysis Stash uses from third party sources is believed to be reliable, Stash does not guarantee the accuracy of such information. Nothing in this article should be considered as a solicitation or offer, or recommendation, to buy or sell any particular security or investment product or to engage in any investment strategy. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. Stash does not provide personalized financial planning to investors, such as estate, tax, or retirement planning. Investment advisory services are only provided to investors who become Stash Clients pursuant to a written Advisory Agreement. For more information please visit www.stashinvest.com/disclosures.