Investing

10 Great and Easy Holiday Gifts for Investors, Traders and Personal Finance in 2017

5. Investing and Trading Books

There are too many great books on investing and trading to mention anywhere close to all of them. Warren Buffett has some books about his strategies, and much of Buffett’s knowledge was based on Benjamin Graham, the father of value investing. Mark Mobius has many books on emerging markets. There also have been many of the “For Dummies” books on investing, trading, options and so on. The good news about books is that you don’t even have to buy them new these days, and there are literally hundreds of places to buy them online if you can’t find a local brick-and-mortar book store. You can spend a few bucks on a book that way, or you can spend up to $40 or $50, but rarely will you pay more.

6. Ties and Clothing Accessories

There are many sites that offer neckties, cufflinks and even socks that have the investing theme. The site BullMarketGifts has all three in one as a set for $89.99, and Vineyard Vines has a bull and bear theme tie for $85 available in blue or in red. And the Ties.com website offers a Stock Market Playground Tie in blue or red for $55. It also has a cool Stock Ticker Tie in black (regular, skinny and bow-tie) for $25. And with the world so casual these days, you can always go to Cafe Press, Zazzle or Amazon to pick up an endless slew of choices in tee shirts and other shirts with printed investing and trading designs and words on them.

7. The New Crypto-Mania

All you hear about in the financial media right now is bitcoin and cryptocurrencies. It’s up to investors to understand them and to decide whether there is a bubble. But if you want the most modern craze out there, then bitcoin, ethereum, litecoin and other cryptocurrencies will give your kids or aspiring family members something to talk about. There are now at least exchange-traded futures, and that is likely to expand, but there are literally dozens of exchanges and ways to buy into various cryptocurrencies. This is not an endorsement — enter at your own risk.

8. Museum Pass and Tour

Getting on the floor of the New York Stock Exchange is not easy, and frankly it is no longer full of the hordes of people now that market-making activities have become much more automated. It’s still impressive if you know someone who can get you on the main trading floor, but if you are in New York City and want something easier and more reasonable to give as a gift to someone then give them a pass to see the Museum of American Finance. It’s only $8 for adults ($5 for students/seniors), and it’s right there in Lower Manhattan by the stock exchange. There is lots of history here for novices and for historians, and they have a gift shop full of posters, books and all sorts of other gifts for those who want to know about the markets and the economy.

9. Investing Newsletters and Publications

With all the free information on the internet, it may seem frivolous to some people to pay for information about the economy, the stock market and other investing information and advice. The reality is that the best investing news, advice and information is locked up behind trading and news terminals or behind paywalls. For investing newsletters, there are dozens to choose from sites like TheStreet.com and its RealMoney, Motley Fool, InvestorPlace, The Prudent Speculator, Wyatt Research, Stock Trader’s Almanac and so on.

There are also subscriptions online or in real daily/weekly print to consider: The Wall Street Journal, Barron’s, Investors Business Daily and so on. And there are magazines like The Economist, Kiplinger, Money, Business Week and others to consider. These can range wildly in price, and there are multiple levels of service that can keep your cost fixed at a few dollars a month all the way up into the hundreds of dollars per month.

10. Gold and Silver

The media hype in 2017 went to bitcoin and cryptocurrencies, but a few thousand years of history have embedded in into the heads of millions of people around the world that raw precious metals are the best things to own. You can buy one ounce coins and bars in gold and silver, or you can buy much larger quantities, all the way up to large bars. For gold, you can buy one-tenth of an ounce coins as well, for a larger premium when you add them up versus buying one ounce.

Gold was close to $1,250 per ounce and silver to $16 per ounce on last look. There are many websites that sell direct to the public, and there are many local gold and silver exchange stores that sell to the public. They all make a spread (bid-ask price) on the price to stay in business. Just beware the infomercials about “collectible coins” that are gold-plated and cost $25 or so — they may have a stated value, but they might not have any intrinsic value if you were ever just wanting the raw gold.

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