Christmas 2024: Give shares for a safe assets!

Christmas 2024: Give shares for a safe assets!

AT, Österreich - Christmas time is just around the corner, and the search for the perfect gift is becoming increasingly challenging. According to a current survey by EY and the Swiss Retail Federation, money and vouchers are the most popular Christmas gifts. But instead of always using the same options, creative alternatives are ideal this year: How about stocks or cryptocurrencies? This suggests Christoph Sax, investment manager at the VZ Vermögenszentrum, in an interview. "Many people are happy about cash gifts, but long-term investments such as stocks can be very useful," said Sax, as well as Today.at reported.

The advantages of stocks and ETFs as gifts

In a time when financial education is becoming increasingly important, stocks and ETFs could not only give joy, but also make a valuable contribution to financial independence. After all, these gifts can gain value over time. Trade Republic now offers a particularly easy way to make these gifts: Users can give away shares or ETFs using the app, personalized depending on the preferences of the recipient. The steps are uncomplicated, and the gifts can be handed over both electronically and in the form of a classic voucher, as vogue.de However, it is important to consider some points of view. For gifts about stocks, recipients must be of legal age, and a maximum amount of 1000 euros per day may be awarded. In addition, the recipient must open an account with Trade Republic in order to be able to accept the gifts. Christoph Sax also emphasizes that ETF savings plans represent an interesting option to avoid risky loss of value. An ETF bundles many stocks and thus ensures diversification and security.