Great Gift Ideas

Here are some interesting gift-giving facts for this year’s holiday season.

Total holiday spending is expected to be around $890 per person. Approximately $628 per person will be spent on gifts alone; the rest will be on food and décor. Higher income households, those earning $100,000+, plan to spend significantly more at around $1,479, while lower income households earning under $50,000 are expected to spend around $651. Total retail holiday spending is projected to surpass $1 trillion for the first time in history.

Many consumers are feeling budget strains from inflation, leading some to shop earlier or focus on essentials. Over half of the gift-giving public report buying gifts out of obligation, spending around $250 for these gifts.

Millennials, the highest spenders, are estimated to spend $2,190 to $4,400 for the total season, often prioritizing early shopping and experiential gifts. Gen X (born between 1965 and 1980) are estimated to spend $1,483 to $2,500, while Gen Z (born between 1997 and 2012) plans to spend $1,357 to $2,200, focusing on secondhand items for sustainability. Baby Boomers are looking to spend $1,180 to $1,600, largely focused on family and practical gifts like gift cards.

These facts are provided by the National Retail Federation, Gallup News, ABC News, New York Post, BMO and other sources procured by Google’s Artificial Intelligence.

From the DayTradeSPY’s Authentic Intelligence department, we have some exceptionally cool recommendations that will help not only the recipient, but also the giver! Imagine how you will feel, knowing that your loved ones will have the proper tools to be able pull money out of the stock market almost at will. This was an amazing by-product I had felt after I had taught my kids to trade. I myself felt totally liberated, knowing that they could enjoy financial freedom. Being self-sufficient enables them to enjoy doing the things they like, when they want. They have careers because they enjoy what they are doing, but they also know how to ramp up their funds if, for example, they want to buy a new car. My kids had not come to me for money since I can remember, and certainly not since knowing how to trade.

This year, instead of giving “stuff,” consider giving the gift of honest to goodness rock solid information they can use on a daily basis to earn some serious money. Whether they would trade as a hobby, earning a quick $200 a day, or more for a comfortable living while working from home, a subscription to DayTradeSPY products could be their ticket out of a dead-end job. The word “job” is an acronym for “just over broke.”

One long-ago client explained to me his brilliant idea of giving his three adult children a trading account with $5,000 seed money each, along with a subscription to our Trading Room. They were given a huge opportunity, longed for by millions, if they only knew. They were given the tools with which to fish every day, instead of just a fish to eat for the day. There is no better gift!

As parents, we are obligated to teach our children in the best way possible. We try to send them to the best schools, bring them up spiritually and morally upright, but how many parents go the extra mile to actually teach them how to survive in the wilds of the real world? Frankly, I would not want to grow up today. The disparity between the rich and poor has never been greater; not to say we are destined to be poor, but unless you are very intelligent, motivated and provided with the right tools, you stand to fall behind very quickly.

DayTradeSPY has several great opportunities for gift giving. Check out the details during our Sunday Night Intro to Trading/Week in Review. Conversely, jump right in with the Trading Room, DTS Signal, Pick of the Day and the Inner Circle. I’m not suggesting they will give it to you, but if you contact customerservice@daytradeSPY.com, they may even give you a package deal in the holiday spirit. All of our incredible programs are designed to make you — and your loved ones — great day traders of the original SPDR S&P 500 ETF (SPY) options.

Incidentally, not only will you provide a well-appreciated gift, but you will spend less than that average American will spend on “stuff.” Imagine that! More, for less, on gifts that will benefit you both for a very long time!

Create great trades,

Hugh