Have you ever started thinking about Christmas gift ideas and not had a clue where to start? Naturally, you start to narrow down the criteria — and what better place to start than their interests?
Luckily for you, if you’re buying a Christmas present for an investor, then we’ve got some ideas that are bound to put a smile on their face. What's more, these presents won't break the bank, something that's particularly important at a time you might be feeling the pinch, financially.
A Calculator
Yes, there’s an app on your phone to do all the sums for you. But that’s just not as satisfying – or cool – as cracking out an old school calculator to work out really important things like discount cash flows, rates of return and, of course, your time weighted rate of return (which measures the return of your investments, without taking the effect of any extra cash you've deposited or withdrawn into account).
The Intelligent Investor, by Ben Graham
If legendary investor, Warren Buffett, says it’s a great book, then you can bet your bottom dollar that it’s worth reading. But if you’re going for a full-thrills approach, then why not get the version that’s prefaced by Warren Buffet himself? The investor in your life is going to love you for this one!
A Money Tree
With so many of us adopting home offices this year, why not look at a way to add a bit of humour and increased décor into your life? A money tree is considered to be a symbol of luck and prosperity, but they also look lovely and are relatively easy to look after, making them an ideal office companion.
The Wall Street Bull
Every investor secretly wants the Wall Street Bull, but most of us don’t have anywhere to keep a 3-ton bronze sculpture. Luckily, there’s a cheaper and more practical solution: much, much smaller versions of the bull, easily found through a quick Google search. You could have them on your keys, put it on your desk, hang jewellery off it — the possibilities aren’t quite endless, but there’s a lot of them!
Monopoly
Finance lovers love Monopoly; it’s basically a fact of life. If you’ve been dragged into a game by the investor in your life, then you’ll know just how competitive, strategic, and driven they can be. What could be a game for all the family becomes riddled with highly advanced financial decisions, risk, odds calculations — and a lot of tactical trading!
A Novelty Mug
We’re 99% sure that all investors run on caffeine and, as such, they require ample amounts of coffee or tea at all times. So, what better way to enjoy that lovely beverage than through a mug that screams: “I’m an investor and I’m super proud of it.” There are so many combinations out there that you’re sure to find the perfect gift for that investor in your life.
Historic Indices Poster
Does the investor in your life know the big historic event dates off the top of their head? No. Well then, a giant poster that shows their favourite market indices – or one that dates back to the early 1900s – could be just what they're after.
There’s loads of options out there to make their office a bit more interesting and let them spout out useful information like: “Did you know that without a date, Black Monday could be talking about October 28, 1929, October 19, 1987, August 24, 2015 or March 9, 2020?”
Money
It may sound like a bit of a cop out, but who doesn’t like having a bit of money in their pocket? In fact, research actually shows that 65% of children would be happy with money1 and, if you're looking to take things a step further, you could even consider putting that money into a Wealthify Junior ISA.
A Stress Ball
Sometimes investing can be really stressful; after all, your money can go up and down, and these downturns can be hard to watch. So, if that investor in your life needs to let out some stress, what better way to do it than with a stress ball? This could be an excellent little stocking filler, and with so many options and personalisation opportunities, you could really have fun with this gift.
Presents for Profit
When picking presents for an investor, you may have profit on your mind, but remember that nothing is guaranteed; you could buy them a stock, and by the time Christmas rolls around, it could be worth nothing. Alternatively, you may pick up a custom-made tie which turns into a collector’s edition and is worth a small fortune.
At the end of the day, it’s the thought that counts — and the investor in your life will almost certainly understand that.
And if they don’t, just get them socks next year!
Wealthify does not provide financial advice. Seek financial advice if you are unsure about investing.
Please remember that past performance is not a reliable indicator of your future results.
With investing, your capital is at risk, so the value of your investments can go down as well as up, which means you could get back less than you initially invested.
References
1.) https://roostermoney.com/who-says-cash-for-christmas-is-a-cop-out/
