Did you know you can sell all or a portion of a life insurance policy, even term insurance?
(4 minute read)
Year after year, it can be tough to find thoughtful gifts for the ones we love that go beyond a simple gift card or an envelope stuffed with cash. The best part of gift giving is knowing you’ve shown your love for someone in a tangible form, to see their faces light up and to know your investment was worth it in the end.
That word—“investment”—tends to take on a figurative meaning when you add up the costs of your shopping sprees come January—but it doesn’t have to. We’ve compiled a short list of gift ideas that are quite literally an investment with the potential to grow in value, either sentimental or monetary, and continue giving into the future.
There’s no shortage of memorabilia on the market that can fit any fan’s living room or tailgate setup. From NFL branded grill covers to official team jerseys, there’s hardly a variety of clothing or household good you can’t find with a sports team’s logo. But if you want to make a real impression that has the potential to increase in value over time, take a cue from your uncle with the impressively curated baseball card collection. After all, just last year a collection of just 17 pieces of baseball history making the rounds at sports conventions was valued at a whopping $37 million!
The notion of giving a gift of stock might seem odd at first, but companies like Give A Share make it easy to gift a single share of stock from any one of the hundreds of available options. Couldn’t find a good piece of sports memorabilia for the soccer fan in your life? Give a share of Manchester United! Want to teach your grandkids about the importance of saving and making wise financial choices? A share of Disney is a fun and educational option. Certificates come framed with tons of options for customization, and they offer owners the right to everything from earnings reports to dividends.
As with any investment, there’s no way to know how the value of gold may change in the future. That said, a gift of gold has high potential to appreciate on a long time horizon. Consider this: An ounce of gold could be purchased in 2000 for $279.29, but that same ounce would be worth $1,382.39 today or more. There are many providers that will sell gold coins, bullion, and other formats in small amounts perfect for gifts. That’s not to say they won’t be pricey—this 1 oz. gold American eagle coin from U.S. Money Reserve will set you back $1,563.45—but it’s an investment that historically has risen in price far faster than the rate of inflation, and some sellers have gifts as small as half an ounce.
Gold isn’t the only physical gift with a history of significant appreciation. Would you believe that LEGO, the beloved brick building toy, even outshines gold in its potential to grow in value? It’s true! In fact, over the last 15 years, pristine LEGO sets have appreciated 12% annually and discontinued sets have grown a whopping 36% in value. That significantly outpaces the S&P 500’s returns of 4.2% annually and gold’s returns of 9.6%. Grabbing a popular or rare LEGO set for the little ones in your life and teaching them to keep it neat, clean, and in perfect condition is a great opportunity to teach about the rewards of responsibility.
Did you know you can sell all or a portion of a life insurance policy, even term insurance? Selling an unwanted life insurance policy is no different than selling your car, home or any other valuable asset that will create immediate cash. Contact us today to learn more.
Life Settlement Advisors