Kim Kardashian’s growing Christmas Present
Kimmy K. The Stock Market. Both handling a lotta’ cash, and both examples of making business an incredibly lucrative hobby. But not two things you’d necessarily put together. Are we right?
Well actually, no. We’re completely and utterly wrong.
Just when we thought we were the only people left banging the ‘anyone can Dabbl’ drum, we stumbled across a story that really highlighted how Investing has entered the mainstream. Let us begin…
It may be hard to imagine the Christmas trees as we bask in this seriously sensational weather, but cast your mind back and get yourself comfy.
We’ve all been there. You start the season knowing that this year is the year you’re really going to pull it out of the bag present wise. No-ones getting socks! And everything will have a label that actually matches the paper.
Enter obstacle one - the friend who has everything. What on earth do you buy? Do you go quirky? Or just go big? Well, imagine that scenario, and then imagine being Kayne West.
Never one to shy away from a challenge, Kanye got creative, providing the gift that really has kept on giving.
Packaged neatly inside a box, were five unrelated and relatively random items;
- An Amazon voucher (every girl needs her next day delivery)
- A stuffed Mickey Mouse toy (who doesn’t love a teddy?)
- Apple headphones (she is married to a music mogul after all)
- A Netflix voucher (Netflix and chill..)
- Adidas socks (I thought we said no socks!)
Great gifts! But probably not what you’d expect a guy who compares himself to God to hand over to his dearly beloved.
But this is Kanye, and Kayne had bigger and better ideas up his sleeve, or in this case, in that very box.
West had actually bought his wife stock in each of the companies depicted. Each gift had behind it a unique Shareholder Certificate, detailing exactly how many shares Kim now owned, and at what price they had been bought.
And the best bit? As of February, the portfolio had an increase in value of 25%, netting Kim a pretty festive $23,000. (The Independent, February 2018). It’s worth noting here that at this time, both Apple and Disney were actually down, highlighting just how beneficial it can be to hold a diversified portfolio.
Keep an eye on how Kim’s stocks are performing yourself by adding them to your Dabbl Watch List. And remember! Investing isn’t just for the rich and famous.
Anyone can Dabbl.
For information purposes only, not intended to constitute any financial advice from us. The customer should assess the risk of potential loss carefully and individually before investing any financial products. Dabbl Group Limited is authorised by the FCA under the reference number 767263 as an appointed representative of its Principal firm VIBHS Financial Ltd, which is authorised and regulated by the Financial Conduct Authority under the reference number 613381.
By Emma Burroughs