INNOVATIVE IDEA GENERATION#1:

Many of us might have come across a situation in doing things in some better way, but we were never able to execute because of Lack of initiatives at our end, dependent on Third Parties to get it done etc., In this series of articles, I intend anyone can post so that if someone execute the task, it is well and good and benefit everyone, right?

Idea#1: Very often we come across a Situation of giving Valuable gifts for Birthday, Wedding and Wedding Anniversaries a Memorable Gift. If it is material thing, the person receiving the gift need to handle and take care till end of their life. If it is Bouquet, it lasts its value in 2-3 days. If you gift monies, the receiving person spend it for something and forget. Also many often we need to think too much on choosing/selecting Gifts.

If there is an easiest way of Gifting Shares or Sovereign Gold Bonds or mutual funds which will keep on accumulating, if they hold it for long time and add value also year by year, if it goes as Investment for the person receiving it as Gift. Also they can easily en-cash in case of any emergency needs of education, Medical or Marriage Expenses in future.

So the idea here is Why Can't the bankers or Security Companies come out with an option to Gift Shares or Gold Bonds or Mutual Funds in a most simplest manner by getting an identity of the person to whom we need to present a gift in most simplest way like QR Scan etc., So Automatically a Demat Account is created in the name of the Bride or Bridegroom or whomsoever we intend to Gift the Investments. Friends and relatives whom so ever wanted to gift some Highly Value Adding Investments as Gift can do so easily which will be long lasting for the person receiving the Gift also.

Imagine instead of giving an Apple iPhone as Gift, if you Gift them Apple Shares it is going to add much more value to the receiving person throughout their Life.

Also during unexpected calamities like Corona etc., there were many people all over world is struggling to get basic needs, but they may have worthless gifts received at home which they cannot en-cash if required. But if it is Shares or Gold Bonds or a Mutual Fund it is going to benefit them lifelong as Money is provided as Prudent Investment

Banks and Security Companies can create an APP and make the Process in Most simplest way to execute this transaction, right. To my knowledge, I don't think any facility exist like this.

This is lingering in my mind for a long time, Does it make sense or if you have different view, Let's share are our views.