Woah, Guys! It’s been a year. As crazy as the year has been, can we all agree that we are happy to be alive? It is less than two weeks until we hit 2021, so I wanted to use this opportunity to talk about the perfect holiday gift to buy for yourself or your loved ones. To me, the great thing about the holidays involves spending time with family and friends instead of spending too much money to impress them. The gifts add to the celebrations and at times are needed so, I understand. If you have to gift this year, have you thought about the perfect way to do so?
- RELATED POST: HOW TO AVOID DEBT DURING THE HOLIDAYS
WHAT IS THE PERFECT GIFT
- Have you thought about a nonmaterialistic item a loved one may want; Something that can increase in value over time or can enhance their knowledge or skill? I know you are thinking, can we buy toys for the kids and forget about it? Perhaps, you are thinking about financing that brand new 2021 car. The truth is, we have to start being intentional about our gift-giving. One of the most important gifts you can give yourself during this holiday season is to avoid getting into more debt.
- The perfect holiday gift for yourself or your loved ones should be acquiring more assets than liabilities. If you are a beginner and know nothing about investing, I recommend buying “Rich Dad, Poor Dad.” It is one of the books that initially changed my thinking about money for the better. It is a book that talks about the different mindset between the poor folks, middle class, and rich folks. Two of the biggest lessons I learned from reading the book are the rich don’t work for money, and savers are losers.
BOOK A COACHING SESSION
Another perfect gift for the holiday is booking my 1-on-1 investing coaching sessions for yourself or your loved ones. I know it is almost the end of the year, and we are all shifting gears and focusing on our new year’s resolution. One of the best things you can do is start investing in the stock market the proper way. The power of investing is incredible. Take a look at the example below:-
Amazon, when it went IPO in 1997 was $1.50 (adjusted for stock splits)
One Time Initial investment: $,1000
$1000/1.50 was worth 666 shares
Current Amazon stock price: $3,201
Today’s value of your initial $1000 is 666 shares x $3,201. The total is $2,131,866.
Coaching Services
- If you are a beginner and are looking for the perfect holiday gift for yourself or your loved ones, click here to book a session. I teach how to identify good stocks to invest in and how to create a diversified portfolio. This is one of the best things you can do for yourself or someone you love.
- I am currently offering 20% OFF the services until the end of the year. Use this opportunity to get your money right and to save for your future self.
- If you like this and you believe someone else may benefit from this, please share. Follow my blog social media pages (Facebook, Instagram, and Twitter).
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