How Online Investing Can Help Solve Your Xmas Gift Difficulties

“It’s comin’ on Christmas they’re cuttin’ down trees…”

The opening line of Joni Mitchell’s song River reproduced here conjures up for me the true feeling of the season. It’s not a typical Christmas song but for me it evokes the true Christmas spirit, a time to look forward to and to share in the earth’s bounty.

Of course it also means the giving and receiving of gifts and that’s what I’d like to concentrate on, at least the giving part.

When you find yourself stuck for ideas why not take a leaf out of Bob’s book and use online investing to help share the joy of Christmas. Bob has a dilemma. He is unsatisfied with giving the usual presents to his family so decides this year to be a little more creative and put a real smile on his family’s face.

Firstly there are the two kids, Jack who is 18 and Ann who is 22. Like his sister before him Jack has just started a three year course at university and he is full of the promise it holds and is actively participating in the social life as well. One thing he isn’t thinking about is the student loan that he receives to see him through his course. This will leave him with a sizable debt when he graduates.

Ann, on the other hand has already graduated and with some careful budgeting and some part time work she has left University with a relatively manageable loan outstanding. The problem is the recession has severely curtailed any job opportunities and she is struggling to start the career in business that she was hoping to. This has prompted her to travel, so for the whole of next year she is off to follow the path taken by many others and see the world slot. When she returns hopefully the job market will be better. Then she might think about settling down and buying her first property.

So, how can Bob help? Looking at the investments he has he decides to invest $50 on behalf of each of them in a CashTanker account. This pays 2% a day and as the money won’t be needed straight away Bob opts for 100% compounding. The programme is due to close on December 25 2011 so assuming 220 business days a year and 440 days in total the return for each of his offspring would be over $300K. This should be more than enough to clear Jack’s student loan and also help Ann put a deposit down on a property, although secretly Bob hopes that Ann will just rent a property and use the funds to start her own business as they’ve discussed in the past (Bob’s wife, Judy is keener on the property purchase).

Bob and Judy have been married for 25 years and whilst Judy has not always had the faith in online investing that Bob has she suffers his ventures gladly hoping for a profitable outturn. Bob wants to thank Judy for all her support so decides that he will invest $50 in a Traded Endowment Policy with Imperia Invest. He knows these are available until 01 February 2010 and are scheduled to payout the $134,000 return in the middle of 2010. This would allow Judy to really spoil herself. With another $50 he decides to open an account at Sport Arbs. This has a variable return but is usually at least 2% a day minimum. As they trade 7 days a week the growth could be significant and will provide an nice nest egg for the future.

Lastly Bob has to think about his parents, Terry and Liz. They are both recently retired and whilst they have made reasonable allowance for their day to day living it’s unlikely their funds will provide them with a luxurious lifestyle. Bob appreciates all the sacrifices his parents have made over the years on his behalf and feels that he would like to provide enough funds to help them spoil themselves from time to time. Perhaps a meal at a top restaurant or the odd weekend away in a nice hotel. Looking at the opportunities available he feels that PTV Partner offer the ideal solution. He decides to invest $200 on behalf of his parents in their 40 day plan that pays 190% return. So, every 40 days they will receive $380. It will be easy for them to save up for the odd month or two so that they can easily afford those odd luxuries now and again.

As Bob sits back in his armchair he is pleased with his plans and knows that his family will definitely remember this Christmas for years to come.

Postscript: Of course we shouldn’t forget that any income received may be subject to tax so don’t forget that if you have similar plans to Bob. Take some advice from a good tax accountant.