Most people who know me understand that whenever I have a good year in the stock market, I always set aside some of the proceeds to share with others to contribute as my gift to them – it’s a promise I make every year to God, higher power, the universe, or whatever it is you believe in (I happen to believe in all the above).

Well, this year I earned a 56% gain so far which is about an 8-year gain on average in just one year (https://brighterdayslifecoaching.com/stock-market-activities)! So, I spent a lot of time trying to figure out what I could do for the holidays to contribute to people I care about.

What I ended up deciding on is providing a 0% “loan” (“wink wink”) to people which they can use at any time, in any way they choose, and for whatever payment terms they choose (which can be adjusted at any time). If the “loan” is paid off within 2 years, then they owe only 90% of the loan total.

The reason I provided a 0% “loan” is many people feel much more comfortable with that than receiving a large sum of money as a gift – it tends to be more guilt-free in nature as a lot of people are uncomfortable receiving larger amounts of cash as gifts. However, I have given them each the option of paying the “loan” back (or not). I provided everyone with three choices regarding this gift:

1. Accept the “loan” at any time up until 30 November 2024 as their gift from me and pay it back on whatever terms they like (which they can adjust at any time). This would especially be a great option if they have debts they would like to at least partially pay down or any new purchases they would like to make without having to pay any interest. Again, they are not required to pay the “loan” back. However, if they do then I will offer their “loan” to the next person. So, it does not affect me in the least if they are not able to pay back the “loan” for whatever reason. Because even if they do, I gain no benefit since I’m just going to just offer the “loan* to the next person. And if they end up not being able to pay it back, then as far as I’m concerned it just means they needed the money more than the next person. Lastly, if they do end up paying the “loan” back within 2 years then they only pay 90% of the loan total (a 10% discount).

2. Decline the “loan” anytime up to 30 November 2024 and receive $150 as their gift from me. If they decline the “loan,” then I will offer it to the next person. So, I gain no benefit if they decline the “loan.” As such, I encourage them to use the “loan” if it might be helpful to them.

3. Allow the “loan” to expire on 30 November 2024 without using it and receive $150 as their gift from me. If the “loan” expires, I will offer it to the next person. So, I gain no benefit if the “loan” expires.

Any “loan” (or any portion of any loan) not paid off within 2 years is automatically forgiven. Thus, the recipient(s) will owe nothing after 2 years.

So, the above is how I decided to contribute this year. Perhaps the above will be helpful to some of you in figuring out how to contribute when good things happen for you. I hope it does.

Have a wonderful holiday season everyone!

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