We have an alternative present for you this Christmas! Instead of filling that stocking for that special someone with a candle or snuggly pair of socks, why not give them their first investment! On the surface, it may not be the present they have always dreamed of but allow a few months to past and they with see how a stocking-filler can turn into a wallet-filler!
We have an alternative present for you this Christmas! Instead of filling that stocking for that special someone with a candle or snuggly pair of socks, why not give them their first investment! On the surface, it may not be the present they have always dreamed of but allow a few months to pass and they with see how a stocking-filler can turn into a wallet-filler!
As consumers, we are exposed everyday to marketing campaigns swinging us round to their next big product. Each year in the UK, a whole £19 billion is spent on media placements to make an impact on the consumer decisions we make! It definitely works because official statistics have revealed that consumer spending in the UK grew to £290 billion! One thing is for sure, the UK is brilliant at spending. However, how beneficial are all these products going to be to us in the long-run? Do you see yourself wearing the bobble-nosed reindeer jumper in March? Instead, let’s start turning our gift-giving and spending habits towards investments!
An inspiring story recently published in City AM provides the perfect example of how investing can change your life. Emma Sinclair is a serial entrepreneur and was the first woman to float her company on the London Stock Exchange all by the age of 29. Where did this all start? Investing. She started on her investor journey when she was 18 and threw her student loan into the stock market. She identified Pizza Express and their no-cheese pizzas for her dairy intolerance to be a potential money-maker and from there her portfolio grew!
A great step forward into democratising the stock market was taken by the US company Stockpile last month. They have opened up in supermarkets where they offer gift cards for stock in trademark brands. Brilliant! A company called Goldbean has taken promoting the stock market to the next level with their data driven platform. The website analyses your credit card transactions and then makes a suggestion to you if the companies you are spending with are worth investing in! So simple but so clever. A last intriguing application is Acorn - a way of automatically investing the spare change that you have from everyday purchases into a diversified portfolio. All of these innovations are brilliant and accessible ways for savvy investors to get stuck into stocks or spread the investment word to others!
The stock market may not be for everyone and that’s why we would love for you to turn your investor eyes onto QuidCycle. We offer a unique and ethical way to make more of your money. Not only do we have interest rates that stand head and shoulders above the banks but also the opportunity to directly help UK families. There isn’t a QuidCycle gift card quite yet but why not make an investment with your special someone in mind to guarantee that next Christmas is the one you’ve always wanted.
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