Happy Thanksgiving from the Bank.com Investing Blog!
The Banks.com investing blog wants to wish you a very:
Happy Thanksgiving!
The stock market looks to be recovering — albeit slowly — and that is something to be thankful for. Will tomorrow bring a bounce on Black Friday hopes? We’ll have to see.
At any rate, this is a time of year to contemplate the things that you have, and to be thankful for them. I like Thanksgiving because it seems to be a holiday that is not about spending money like crazy on stuff that no one needs. Instead, it is a truly family-centric holiday that remains — relatively — uncommercialized. Nice.
For fun, I took this Thanksgiving Quiz, and even learned a few cool facts about Thanksgiving and about turkeys:
- Thanksgiving was first celebrated in 1621.
- It wasn’t until Abraham Lincoln, though, that a national day of thanksgiving was declared.
- FDR, in an effort to boost the economy with holiday shopping, encouraged that the day be fixed as the last Thursday in November.
- Benjamin Franklin wanted the national bird to be the turkey.
- Minnesota produces the most turkeys on an annual basis.
- 90% of Americans have turkey on Thanksgiving.
- That number drops to 50% for Christmas.
- Wild turkeys can fly up to 55 miles per hour.
I’m wondering if maybe it is a good idea to invest in turkey farms, processors and producers in the weeks leading up to Thanksgiving. It certainly seems as though all things turkey are expected to get a pop in the run up to Thanksgiving…
Disclaimer: I am not an investment professional. Nothing in this piece or on this Web site should be construed as investment advice. Before making investment decisions, do your own research and/or consult with an investment professional. All investment comes with the risk of loss. You are responsible for your own investment decisions and any loss that may result from your decisions.
