
Why stock is a good gift to give this year
CBSN
There are benefits to giving stock as a gift, and this is a particularly good year to place investments under the Christmas tree.
Last year, 65% of Americans said they wanted investments as holiday gifts, according to a survey conducted by MagnifyMoney. Stock recipients could receive even more shares for the same cash amount this year, given that the markets are down. If they hang on to the gift of stock, they could see the overall value of their present rise with the market over time.
"When there is a low or depressed market, giving stock can be advantageous because you are able to transfer a given stock at a price that is lower than it has historically been," said Emily Irwin, a wealth management executive at Wells Fargo. "This can be advantageous if funding a trust for someone where that stock is going to be held for a longer time period."

Trump's military parade tomorrow isn't the first in the U.S. — but they're rare. Here's a look back.
Washington — President Trump is hosting a parade celebrating the 250th anniversary of the U.S. Army on Saturday, bringing tanks and soldiers to the streets of Washington, D.C., for the capital's first major military parade in more than three decades.

A military parade through the streets of Washington, D.C., is being held to celebrate the U.S. Army's 250th anniversary on Saturday, June 14 — which also happens to be President Trump's 79th birthday. Army officials say about 6,600 soldiers, 150 vehicles and more than 50 aircraft are set to participate.