Tuesday, September 23, 2008

A loan, a gift or something else?

GARETH SAYS…

The $33,500 I gave Amy a few months ago has a tendency to rear it’s head every now and then mainly because we haven’t agreed what it is. It all happened in a bit of a whirl. A check was written, a check was cashed.

Is it a loan to be repaid? Is it a gift?

Amy hates ‘owing’ me so I came up with a solution…

It’s an investment – not just in us but in Amy’s art. I have asked Amy to sell me $33,500 of her art. No more ‘owing’ – it is a straight forward business transaction! I like the idea of becoming the biggest collect of the wonderfully talented Amy Globus.

Some people thought I was crazy handing over the check - but who knows, it might just be the best investment I’ve ever made!!!

2 comments:

Sylvie said...

I wish more people invested in art! I've left you an award on my blog. It doesn't help with paying off any of the debt, but maybe it'll ake you both smile.

Gareth & Amy said...

That's ever so kind Sylvie - thank you very much xxx