Future Assets on Sale
Why Year-End is a Great Time to Help Others Start Investing
As an investment person who loves the power of compounding, I’ve learned over the years that some of the most meaningful gifts aren’t the ones wrapped in paper and ribbons. Years ago, when my wife encouraged me to buy a doll or crayons for our niece, I started a different tradition: giving the gift of compounding alongside the in-the-moment joy.
I opened a 529 account and began contributing small amounts each month toward her college education. While we still gave toys and gifts that brought her happiness in the moment, the steady investment in her future has been an equally rewarding part of the tradition.
Now, 10 years in, this approach has become a family ritual. We love seeing the smile on her face when she opens a present, but I also take a moment each year to write her a letter that accompanies the compounding gift. I talk about the market that year, share lessons on dollar-cost averaging, and impart wisdom about the importance of long-term thinking.
I save digital copies of these letters, and I hope her parents keep the paper versions too. Someday in her 20s, when she looks at the results of compounding, I’m confident she’ll understand the value of those small, steady gifts. While she may not remember every doll or toy, she will have a tangible example of how compounding works—not as a theory, but as a reality that helped shape her financial future.
This holiday season, as you search for the perfect gift, consider giving the gift of compounding. It doesn’t have to be a lot—a small investment account, a few shares of a favorite company, or a contribution to an education fund can be a powerful way to show someone you believe in their future.
To make it fun and inspiring, pair the gift with a book like Rich Dad Poor Dad (a great option for kids, teens, or adults), or even a children’s book about saving and investing. It’s a way to plant seeds of financial literacy while giving a gift that grows.
So, this Cyber Monday, while you browse for deals, don’t forget about the gift that truly keeps on giving (no not the jelly of the month club for you Christmas Vacation fans): the power of compounding.
Happy holidays! 🎁
Dane Czaplicki is CEO of Members’ Wealth, a boutique wealth management firm that offers a comprehensive approach to serving individuals, families, business owners, and institutions. The firm’s goal is to preserve and grow its clients’ wealth to endure over time, while thoughtfully evolving its strategy to suit an ever-changing world. With over 20 years of wealth management experience, Dane and the Members' Wealth team thrive on bringing clarity and confidence to clients' unique situations. He believes everyone needs sound financial advice from someone whose interests are aligned with theirs, and is determined to put service before all else.
Dane received his MBA from The Wharton School of Business at the University of Pennsylvania and his bachelor’s degree from Bloomsburg University. Outside work, he enjoys spending time with his wife and kids, hiking and camping, reading, running, and playing with his dog. To learn more about Dane, connect with him on LinkedIn.
To get in touch with the Members’ Wealth team today, I invite you to email info@memberswealthllc.com or call (267) 367-5453.
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