I hope everyone had an amazing Thanksgiving!

This is one of my favorite holidays – it’s hard not to like a holiday that focuses on eating, right?

Thanksgiving has definitely taken on a deeper meaning for me as my kids have gotten older. It has been a great time to not only reflect on gratitude myself, but also teach my kids about it.

Some of the best learning in life comes when teaching our children, that’s for sure.

Here is another addition of Finance Friday. What better time to think about finances than on Black Friday, lol. If this prevents even one of our readers from getting into a fight over a toaster, I will feel like I have done my job.

Quote I am pondering:

Recently I have been thinking about this Benjamin Franklin quote, “An investment in knowledge always pays the best dividends.”

When you study successful individuals you find this common theme. They are always learning.

They are doubling down on who they are becoming and what they are learning –  even when they have seemingly “made it”.

This is important for us to consider in our lives. Are we growing our knowledge? If not, we should rethink our approach and allocate more of our resources towards our own development-  and less towards the areas that don’t matter

Take a few minutes to look at your growth and think of a few areas you can invest in yourself.

Stock Market Update:


Another tough week so far in the stock market. After many days of losses in the market, it looked like yesterday was going to be a strong day, but it quickly turned ugly once again. The market had been up until about 30 minutes until close when it lost most of its gains.

The way the market closes is important to watch. When it has a hard time holding onto gains it shows a great deal about investor sentiment – and right now there seems to be a lot of fear.

Year-end could continue to be tough as many investors will sell some of their positions to take their gains before year-end. With the other weaknesses in the market this could cause for even more losses.

Again, we look towards the Federal Reserve. What will they do in December? If they hold to their plan of 4 rate hikes in the next 12 months, it is hard to believe the stock market does well next year.

Finance Tip:

Invest consistently.

One of the biggest mistakes individuals make is not being consistent with their investing.

Sometimes we get in the mentality of investing, saying: I’ll invest when we have the money – instead of making sure we have the money to invest.

There is a big difference between these two mindsets.

If we view investing as an option – opposed to a necessity – it will never be a priority.

With the power of compound interest, each day that goes by without investing we lose a great deal of our potential growth.

Start today by viewing your investing as a priority. If you set a clear plan and stick to it regardless of what happens, it becomes a habit and consistency starts to form.

Book I am Reading:

One of my favorite books that I am now circling back to is: Tools of Titans, by Timothy Ferriss.

This book is a compilation of hundreds of interviews he did with industry “titans” or leaders.

He interviews anyone from musicians, body builders, actors, and broadcasters. From these interviews he then compiled each one into a few pages of text.

He shares the best nuggets from each interview in this book. You can also listen to these interviews on his podcast here.

One quote I really like from this book is: “Give vulnerability a shot. Give discomfort its due. Because I think he or she who is willing to be the most uncomfortable is not only the bravest, but rises the fastest.”

Interesting Topic:

With it being Thanksgiving week, we have to look at a few interesting facts about Turkeys.

Every Thanksgiving Americans eat 46 million turkeys – wow!

Neal Armstrong and Buzz Aldrin’s first meal after walking on the moon was roaster turkey.

There is an old myth that Benjamin Franklin wanted the United States national bird to be a turkey. This is actually false.

After he saw the first design of the Presidential Seal, he stated that it looked more like a turkey than an eagle. And from that we got the myth that he hoped it would one day be our national bird.

That would have had an interesting effect on Thanksgiving – hard to think we would eat our national bird each year. Maybe it would be chicken instead? I don’t know about you but I prefer turkey!

Thank you for reading and I hope everyone has a safe and pleasant Thanksgiving.

Darron Rowley