Why Stocks Are the Best Gift You Can Give a Child

0:00This is an iHeart Podcast. Guaranteed Human 1969 Malcolm and Martin are gone America is in crisis and at Morehouse College the students make their move These students including a young Samuel L. Jackson locked up the members of the Board of Trustees including Martin Luther King Sr. It's the true story of protest and rebellion in black American history that you'll never forget I'm Hans Charles Listen to the A-Building on the iHeartRadio app Apple Podcasts, or wherever you get your podcasts. Run a business and not thinking about podcasting? Think again. More Americans listen to podcasts than ad-supported streaming music from Spotify and Pandora.

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3:12So the last one that we'll talk about is stock gifting. Remember that post you put up? That was years ago when we were like, yo, instead of at a baby shop getting gifts, we should beat Brian Stocks. That really didn't pick up. people really didn't take advantage of that but that that's one of these things right like if we know the advantage of investing in the market right and we have a child that is coming into this wow and it doesn't even have to be a baby shower it could be any type of holiday it could be a birthday it could be christmas yes it's cool to have cool toys and have nice items but the one thing we know about those items is that they're going to hold no value after we open and they're not going to appreciate in time.

3:54Even if it's a collectible, like a sneaker or something, a child that seven, eight, they're wearing that shoe and they're going to wear that thing to death and it's going to be worth nothing after it was purchased and worn. Whereas if we put it into an investment like a stock or an ETF or an index, we know long-term that that's going to appreciate. And so we need to get in the habit of at least thinking that way, right? We can now gift an asset that's going to appreciate over the course of someone's life uh and even if they don't know i think that's the perfect part of it a lot of times and we've seen people be gifted stock and they're like what is this what do i do with this it now becomes a teaching lesson again right you always have to have an inflection point in any point of education the fact that you've done something that is completely different than buying a playstation right maybe you buy sony stock in addition to it right so now it's best for both worlds well here i invested in the actual item but here we invested in the company too here's why we did it and here's how long you're going to hold it it's an inflection point now to increase the intelligence of a child that you know that becomes contagious right the kid now gets to explain to his peers and his cousins and his friends what happened and hopefully they explain to their parents that that's how you build education in a community but i digress yeah for sure and and the irs allows um tax-free gifts of eighteen thousand dollars a year so how so we have never talked about gifting too much, but you can gift$18 ,000 a year tax-free.

5:24So we talked about the tax benefits as far as if you're a self-employed person, but this is another way to kind of, for tax purposes, benefits is when you talk about stop gifting, the tax aspect is a major part of it. So you can gift tax-free up to$18 ,000 a year, right? And it doesn't have to be just stocks, but we're talking about stocks right now. So that's the main focus, but it's the same principles that apply when we talked about all of the other stuff, right? You can literally take$10 ,000 a year and gift it to your child or to your grandchild and that's tax-free. And that same compounding interest growth will occur.

6:14So that's another benefit of gifting is the tax aspect of it. That's a great way to utilize the tax system in America and to still benefit the next generation. Yeah. And somebody's going to ask, well, how do I gift it? It goes back to the third way that we said that you can create a millionaire situation for your child. Open up my account. Right. That up my account is super important. Number again, for the tax purposes. But again, this is now something you can put assets inside of, whether it be collectibles, whether it be real estate, whether it be I bid to invest in Bitcoin. this is a definite must if you're trying to build wealth for your children right you you have to have an upman account in fact i encourage everybody after they watch this video or tomorrow morning go to your broker's account whichever one you use and i've done it on each one of them so fidelity has it schwab has it e-trade has it open up my account and just open it put 500 in there in the same way we talk about dollar cost averaging all right this is another key thing It's the same way we talked about dollar cost averaging.

7:22Make sure that you have a plan into putting money into that account. Don't just leave it at the 500 that you did to open it and thinking that it's going to grow. We told you the threshold from a tax standpoint. We told you the things that you can invest inside of it. Make sure that there's a plan to put assets until it can accumulate to something that's going to be worthwhile in the future. An illegal alien from Guatemala charged with raping a child in Massachusetts. An MS-13 gang member from El Salvador accused of murdering a Texas man. A Venezuelan charged with filming and selling child pornography in Michigan.

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8:39Sponsored by the United States Department of Homeland Security. 1969. Malcolm and Martin are gone. America is in crisis. And at Morehouse College, the students make their move. These students, including a young Samuel L. Jackson, locked up the members of the Board of Trustees, including Martin Luther King Sr. It's the true story of protest and rebellion in Black American history that you'll never forget. I'm Hans Charles. I'm Menelik Lumumba. Listen to The A-Building on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey, it's Joel. And Matt. From HowToMoney. if your New Year's resolution is to finally get your finances in shape.

9:18We've got your back. Prices, they're still high, and the economy is all over the place. But 2026 is the year for you to get intentional and make real progress. That's right. Each week, we break down what's happening with your money, the most important issues to focus on, and the small moves that make a big difference. Kick off the year with confidence. Listen to How to Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. What if mind control is real? If you could control the behavior of anybody around you, what kind of life would you have? Can you hypnotically persuade someone to buy a car?

9:51When you look at your car, you're going to become overwhelmed with such good feelings. Can you hypnotize someone into sleeping with you? I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This is an iHeart Podcast. Guaranteed human.