Choosing the best investment gifts for adults can be challenging. However, gifts related to investing and personal finance can be very useful. This includes books to learn about investing, tools to track investments, financial planners, and more. With the right gift, you can help an adult better manage their money or start building wealth. Useful investment gifts empower them to take control of their financial future.
Books make great investment gifts to learn investing basics
Books are one of the best investment gifts because they provide knowledge. Good beginner books explain core concepts like asset allocation, risk management, how to analyze stocks, and more. Books on personal finance also help adults better budget, save, and manage debt. Consider gifting books like ‘The Intelligent Investor,’ ‘A Random Walk Down Wall Street,’ ‘The Little Book of Common Sense Investing,’ and others. Financial books make useful gifts.
Tools and software help analyze investments
Another useful category of investment gifts is tools and software. For example, a subscription to Morningstar provides data and analysis on stocks, funds, ETFs, and more. Screeners help filter for stocks meeting certain criteria. Apps like Personal Capital or Mint track net worth and investments. Excel templates, calculators, and other tools also make helpful presents for managing money better.
Classes develop financial skills
Educational gifts allow adults to develop new financial skills. Community colleges or universities often offer investing, accounting, financial planning classes for reasonable prices. This knowledge then helps manage money better or start investing. Alternatively, a gift card toward a financial certificate program, training workshop, or professional courses makes unique presents. Classes help build expertise to reach financial goals.
Magazine subscriptions offer market insights
Good magazines offer insights into the market, economy, companies, and more. Subscriptions to Barron’s, The Economist, or the Wall Street Journal provide useful business and financial news. Trade magazines covering specific sectors also help investors research industries and find stocks. Alternatively, websites like The Motley Fool, Seeking Alpha, and Wall Street Survivor provide free articles and stock ideas.
The right investment gifts like books, tools, classes, or subscriptions provide useful knowledge. This empowers adults to better budget, save, invest, and manage debt. Ultimately, the gift of financial skills helps build long-term wealth.