Brybeck Financial - June 2020

F INANCIAL F O R U M

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What a strange spring we’ve had. As COVID-19 swept the nation, events were canceled, employees started working from home, and schools moved to a completely digital learning experience. Like many of you, I’ve felt the anxiety and fear that comes with the uncertainty of this pandemic. I wouldn’t be human if I didn’t! I was talking to somebody who works in the mental health field, and he explained this as the weight of it all affecting us. There’s the uncertainty of what the next week — or even tomorrow—will look like, the barrage of negative reports on the news, and the loss of some of our most cherished events, like weddings and graduations. And as one of the hardest-hit states in the U.S., New Jersey may have a longer road to recovery than other states. I’ve watched the difficulty of this all from the perspective of my daughter, Julie, as she and her husband, Vince, prepare to welcome their first child and our second grandchild this summer. Sadly, we had to cancel her baby shower, but we’re all looking forward to having something to celebrate. Between moving into a new home and preparing for their baby, Julie and Vince are going through some of life’s most exciting big steps. That’s something worth celebrating, regardless of how we have to do so. Reflections From Lockdown RIDING IT OUT

different than what they expected, it has still been just as exciting to see them prepare for parenthood and fix up a bigger home for their growing family.

As for me, the transition to working from home has been fairly seamless. We were able to pick up from the office and work from home with little fuss, and our clients have responded well to Zoom meetings

or phone calls. I’ve also been able to partner with a firm to create professional videos to keep you all updated on the state of our market and your finances, and I’ve been hosting webinars, which I have enjoyed. I also plan to host more informational sessions. Of course, a silver lining to all of this time I’ve spent at home is the joy I’ve found in spending more time with my wife and our dog. I’ve walked with my Labrador, Fiddler, more often, and Becky and I worked our way through “That ‘70s Show” and “GLOW” on Netflix. We’ve even enjoyed quite a few FaceTime calls with our grandson, Owen, and I’ve taken on another round of piano lessons. This spring spent in a pandemic state is a great reminder of what truly matters. It has been scary, and the ramifications of it continue today. I often wonder what will be different about the world as we know it when we come out on the other side, and I’m sure there will be many changes to businesses, health practices, and personal lives. Some changes will be for the better, but we will grieve what used to be due to other changes.

Like many people, Julie and Vince’s lives didn’t stop because of a pandemic. They still have so much to look forward to, and while those plans may have been

“Like many people, Julie and Vince’s lives didn’t stop because of a pandemic. They still have so much to look forward to, and while those plans may have been different than what they expected, it has still been just as exciting to see them prepare for parenthood and fix up a bigger home for their growing family.”

As I’ve explained in emails and in webinars, the best thing we can do is remain patient and ride this out. We’ll get through this together.

Stay safe and be well,

—Brian Irving

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GLAZED GOODNESS

The Sweet History of National Doughnut Day

Get ready to treat yourself because June 5 is National Doughnut Day! Contrary to popular belief, National Doughnut Day wasn’t created as an excuse for Americans to eat more doughnuts. The celebration was actually started by the Salvation Army in 1938 to honor “Doughnut Lassies,” the women who served doughnuts to soldiers on the front lines duringWorldWar I. The Salvation Army still celebrates National Doughnut Day by delivering doughnuts to veterans across the country. The earliest version of the doughnut is believed to have come to North America with Dutch settlers in the 17th century. The Dutch brought with them balls of fried, sweetened dough called olykoeks , which translates to “oily cakes.”Though they were tasty, we don’t think many people would be eager to pick up a dozen oily cakes for the office. According to Smithsonian Magazine, the word “doughnut”was coined in the 19th century by a woman named Elizabeth Gregory. Her son, Handon Gregory, was a New England ship captain. She began making deep-fried dough treats with nutmeg, cinnamon, and lemon rind for her son and his crew. She would put hazelnuts or walnuts in the center of the pastry where the dough might not cook through, so she called her creation “doughnuts.”

THE BEST WAYS TO HELP LOCAL NONPROFITS IN CHALLENGING TIMES

Over the past several months, families, businesses, and nonprofits have had to navigate life in this challenging “new normal,” and it can be hard to support your favorite nonprofits when times are tough. Here are a few ways you can help these important entities, even when you don’t have resources to spare right now. Donate While many people donate generously during the holiday season, remember that nonprofits need donations throughout the year, and different nonprofits need different things. A monetary donation can often go a long way, but never feel obligated to give money, especially when your budget may be tight. Instead, consider cleaning out your closet. What clothes, shoes, or other accessories can you part with? What about dishware or small appliances? When you clean out your home and donate unused items, you benefit those in the community who need them most.

Handon Gregory also gets some credit for making doughnuts recognizable: He was the one who first put the hole in the doughnuts, though the exact reason is unclear. Some say it was to use fewer

ingredients, while others suggest he created the hole by accident

Volunteer In a time of social distancing, volunteering may be discouraged, but nonprofits still need volunteers to operate. The good news is that many nonprofits need volunteers for positions that maintain social distance, such as driving. Food banks and kitchens

after skewering the pastry on the spokes of the ship’s wheel when he needed to steer with both hands during a storm.

Whatever the reason, that hole is still part of a classic doughnut to this day. There are lots of ways to celebrate National Doughnut Day. Recognize the history of the

need drivers to pick up donations or ingredients from donors and to deliver food to people in need, such as the elderly or those with disabilities.

Advocate Even if you don’t have time or resources to give, you can become an advocate for important causes around your community. While it might not seem like much, sharing information about local nonprofits on social media can make a genuine difference. Nonprofits need exposure, which is greatly boosted through community support. Sharing useful information about nonprofits — or sharing their posts — increases their visibility so more people will take action.

holiday by donating to the Salvation Army or by

sending a box of doughnuts to a veteran in your life. You can also order from your favorite local doughnut shop or fry up some homemade doughnuts with your family. There’s a pretty great recipe at SallysBakingAddiction.com/how-to-make-

homemade-glazed-doughnuts.

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SUPER BEAGLES AND JUMPING LLAMAS Guinness World Records’ Most Amazing Animals

Hearing about someone who has claimed a Guinness World Record is pretty cool, but do you know what’s even cooler? When animals make world records. Here are a few amazing animals who hold some really cool records. Caspa, the Amazing Jumping Llama Sue Williams is an animal trainer and behaviorist who specializes in dogs. One day, she was working on agility training with her dogs when she noticed her llama,

Caspa, watching them. After a little time and training, Williams discovered that Caspa loved jumping, too. In 2015, Caspa cleared a bar set at 3 feet, 8 1/2 inches. He jumped right into the world record for “highest bar jump cleared by a llama.”

“He’s a complete diva,” says Williams. “So, if there are people there to show off in front of, that’s when he’s at his ultimate best.”

Didga, a Very Tricky Kitty Anyone who says cats can’t learn tricks hasn’t met Didga. In 2016, Didga, with help from her human, Robert Dollwet, claimed a world record by performing 20 different tricks in 60 seconds. Her routine started with the classics, like sitting and giving high-fives, and culminated in riding a skateboard while hopping over a low bar. Dollwet told Guinness World Records that training Didga took a lot of time and patience and that he was so proud of his clever cat. Purin, the Beagle Who Holds 3 Guinness World Records Nicknamed “The Super Beagle,” Purin scored her first title in 2015 for her amazing goalkeeping skills. The beagle “saved” 14 mini soccer balls thrown by her human, Makoto Kumagai, in one minute. A year later, Purin claimed another record when she became the “fastest dog on a ball” by traveling 10 meters in 10.39 seconds while balancing on a ball. Not long after, Purin and Kumagai set the record for “most skips by a dog and a person in one minute — single rope” with 58 skips. Talk about super!

You can find videos of all these amazing record holders and more at GuinnessWorldRecords.com .

GRILLED BASIL CHICKEN AND TOMATOES

TAKE A BREAK

Inspired by TasteOfHome.com

Directions

You can’t go wrong with grilled chicken and tomatoes on a warm summer’s evening. It’s a simple recipe that packs a flavor punch.

1.

For marinade: In blender, combine olive oil, garlic, salt, vinegar, and basil. Cut 2 tomatoes into quarters and add to mixture. Cover and process until blended. Halve remaining tomatoes for grilling. In bowl, combine chicken and 2/3 cup marinade. Cover and refrigerate for 1 hour. Reserve remaining marinade.

Ingredients

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2 tbsp olive oil

2.

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1 clove garlic

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1/2 tsp salt

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3/4 cup balsamic vinegar

3.

Heat grill to about 350–400 F. Lightly oil grates. Grill chicken until internal

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1/4 cup tightly packed fresh basil leaves

temperature reads 165 F, about 4–6 minutes per side. Grill tomatoes until lightly browned, about 2–4 minutes per side. Discard remaining marinade. Serve chicken and tomatoes with reserved marinade.

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8 Roma tomatoes

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4 boneless skinless chicken breast halves (4 oz each)

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601 JEFFERSON ROAD, STE. 207 PARSIPPANY, NJ 07054 973.335.9444 WWW.BRYBECK.COM Securities and advisory services offered through Triad Advisors, LLC Member FINRA / SIPC. Brybeck Financial and Triad Advisors, LLC are not affiliated.

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The Effects of This Pandemic and Surviving It Together Help Local Nonprofits in Challenging Times A Day to Honor Doughnut Lassies 5 World Records Broken by Animals Grilled Basil Chicken and Tomatoes 3 Enriching Staycation Ideas

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TURN YOUR VACATION INTO A STAYCATION 3 Ways to Replace a Canceled Vacation

Vacations provide opportunities for families to spend time together in a relaxed environment, get away from the routines of everyday life, and create meaningful memories. If you’ve recently had to cancel a trip but still want to create the experience of a vacation for your family, then a staycation is just what you need. TransformYour Backyard When you’re trying to recreate a vacation, the outdoor areas of your home present a variety of possibilities. You can turn a sandbox into a relaxing beach, complete with a kiddie pool “ocean.” If you have trees, then set up a zip line or obstacle course. You can even stimulate summer brains with a scavenger hunt around the backyard with hidden clues in the dirt or bushes. The ultimate prize can be something you would have purchased on your original vacation, like a souvenir you can find online. Create a ‘Family Museum’ Many vacations include an educational aspect in order to enrich our understanding of the place we’re visiting, and museums are a great way to accomplish that. If you’re confined to the house, then teach your kids about your own knowledge and interests and encourage them to get creative and make their own contributions, too. Have everyone create art, take photos, or write about their prized possessions. Display these masterpieces around your home and let their creators take you on a tour. Learning more about one another builds meaningful bonds.

Bring Your Trip Home You probably chose your original vacation destination in order to experience new and different cultures and activities. But just because you’re no longer traveling to that location doesn’t mean you can’t experience some of what it has to offer! Research popular local cuisine, activities, and history of the area, then create ways to experience them with your family. Cook a traditional meal, recreate a scenic location through photographs, or share a story about local lore and history. Your changed plans will no longer feel like a missed opportunity. Staying at home doesn’t mean your family can’t have the fun of a vacation. All it takes is a little creativity and innovation to build an experience that will bring your family closer together.

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