Gotta love gifts right? well this one i sure do awhile back my mom started the process to gift me her stocks. 2 of them went through today. total account value of these are $13,547.84 total account value it includes 113 shares of Exxon Mobil and 48 shares of PPL. also included was 2,000.00 in cash. Its through Morgan Stanley. they have account fees and higher buy and sell fees but will keep the stocks in there and add money here and there till i get a good amount then make a big purchase and keep doing that. My plan is that each of my nieces and nephew will take over an account so they will all get a nice chunk of money. This will add $424.00 dollars a year to my dividends. Forward 12 month dividends sit at $4,535.47. Slowly but surely moving up. I have one more gift stock left it is through a different service so once i get online access i will update.
Have you had any gifts?
Disclaimer: Long all stocks mentioned
My life of investing and hobbies 
sounds awesome, congrats!! Your mom is a really wise lady for having these 2 aristocrats, and I’m sure you’ll hold on to them for the rest of your life and they’ll continue to pay you dividends.
I’ve never gotten any stocks as gift. My parents gave me 2 coffee trees and I had to take care of it. At the end of the season, I got $25 at the time, enough for a bicycle. It was the coolest feeling, having my own transportation. I love riding bicycle, especially my every own bike. LOL 🙂
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Thanks for stopping by. She got them from my Grandma and had been using the dividends so the dividends are going to be reinvested now. have one more coming to me hopefully iy is official this week but who knows.
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Wow, haven’t had any gifts but Congrats. That’s so much better than the typical clothes I get from my mom for my birthday and for Christmas.
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Clothes are good but even if she said this is my christmas gift for the next few years im happy.
Thanks for stopping by
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Wow what a fantastic gift! That is awesome. So is this tax free? Great addition to your forward dividends.
Cheers
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she gets rid of it tax free as you are allowed to gift a certain amount of money. If i sell ill have to pay taxes but i dont plan on selling just dripping for a long time
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