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how to use stocks certificate as a gift to a teenager?
user
yes, depending on what you're trying to achieve. if its just a symbolic gift - you can use a service like this. there are several companies providing this service, look them up, but the prices are fairly the same. you'll end up getting a real stock certificate, but it will cost a lot of overhead (around $40 to get the certificate, and then another $40 to deposit it into a brokerage account if you want to sell it on a stock exchange). so although the certificate is real and the person whose name on it is a full-blown shareholder, it doesn't actually have much value (unless you buy a google or apple stock, where the price is much much higher than the fees). take into account that it takes around 2 months for the certificate to be issued and mailed to you, so time accordingly. otherwise, you can open a custodial brokerage account, and use it to buy stocks for the minor. both ways are secure and legal, each for its own purpose and with its own fees.
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