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Houston County Living

Much to be Thankful For

Nov 18, 2021 02:47PM ● By Griggers Wealth Management

October brought with it plenty of frightful things. Of course, there was Halloween and all the spooky decorations, costumes, and endless horror movies but there were so many uncertainties with the market and issues within Washington that could cause us to lose sleep as well.

Let’s review, there was the federal budget that was stretched beyond its limits. It had hit a ceiling and was literally running out of money to operate our government. Federal employees were on the brink of furloughs and our country’s credit standing with every other country was in jeopardy.

COVID 2.0 was at a rise again. Halloween masks weren’t enough as we were asked to pull out our face masks again to slow the spread of this new strain. 

Inflation was rising everywhere. Gas, groceries, clothing, and household items were sometimes doubling (when available). This brings us to the last of this list. Everything seemed to be stuck sitting on a ship somewhere waiting to be offloaded and shipped to our local stores, eventually. 

Now that we are completely paralyzed by all the negative from last month, its time to remember what November is all about. Being thankful. When we pause to consider it, there really is much to be thankful for.

First, let’s remember we still live in the world’s most prosperous nation. Our blessings seem to come so often we tend to overlook most of them. If we consider the basics like clean fresh water, electricity, food for three meals (or more) a day and the right to worship, pray or even say whatever we want each and every day. Most of the world outside of our country do not have many, or for some, any of these luxuries.

As for the market, as of this writing the Dow Jones is up YTD 18.21%, the S&P is at 26.95% and the NASDAQ is at 23.09% with all these still having potential gains through the remaining of the year. As Chicken Little’s friend would say, “the sky’s really not falling”. 

Maybe if we all take a step back, enjoy the coolness of the fall air and look at things with a simpler view, we will find ourselves being more thankful for our blessings. After all, November is about being thankful and we certainly do have much to be thankful for. 

Happy thanksgiving to all!

Russell Pierce

Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.