Patriot Wealth - January 2021

Patriot Wealth - January 2021

JANUARY 2021

PATRIOTWEALTHNC.COM PHONE | 919.322.4113

PATRIOT WEALTH

ON ICE

SHARING ONE OF MY PASSIONS WITH NOAH

I was pretty lucky to grow up in North Carolina. The weather is always great, so my buddies and I could be outside playing together nearly every day. In fact, we could often be found in our cul de sac playing hockey in the street! That was where I first started to fall in love with hockey, and since then, it’s become a lifelong dedication. After my street hockey days, I graduated to the ice. The local ice rink had a Friday night open-skate, and it was common for many kids in my middle school to meet up there each Friday night. After “public open skate,” there was always a pickup game of hockey that would start, and local rec league players would just play for fun. That’s when I really started practicing my craft and enjoyed it more and more. By this point, I had grown up playing all kinds of sports. I was active in basketball, soccer, and baseball, but it was really hockey that I enjoyed the most. When I was 12, I joined a real league and began playing competitively. That wasn’t always easy in North Carolina. I will forever be grateful for my parents’ dedication and patience. They carted me to Georgia, South Carolina, Texas, Florida, and other states up and down

the East Coast just so I could compete with my team during hockey season. My parents made a lot of sacrifices — and had some pretty early mornings — just so this North Carolina kid could play on the ice. By my senior year of high school, I decided to chase my hockey dreams. I moved to Boston to play competitive junior hockey, and I then played collegiate hockey for North Carolina State University and was president and captain of the club team there. After college, I hung up my competitive skates, but that doesn’t mean you won’t find me on the ice! Hockey is still a big passion for me. I root for the hometown NHL team, the Carolina Hurricanes — through good and bad years! This year I plan to gift Noah his first pair of ice skates. When he turns 2 years old this June, I look forward to taking him to the rink to teach him how to skate.

me a lot of memories. It provided me with an outlet and something I could passionately work hard at. It instilled values like humility and dedication. One of the best lessons learned through hockey is the value of teamwork, which is placed higher than your own wins or accomplishments. Some sports, even though they’re considered “team sports,” are sometimes monopolized by an individual athlete. Football has quarterbacks, baseball has pitchers, hockey has a team. Of course, it’s possible for one hockey player to be the superstar of the team, but a strong hockey team is evident when each player plays for the team as a whole — not just the name on the back of a players’ jersey. That’s a valuable lesson to learn, and one I hope to teach Noah through the game I love.

Even if he doesn’t share my passion for the ice, Rachel and I will support Noah in whatever passions he chooses to pursue.

Like any parent would, I won’t force Noah to try hockey or enjoy it as much as I do, but it is something I’m very excited to share with Noah. Hockey gave

I’m just giving him a little nudge onto the ice.

–Wes White

These articles are designed to provide general information on the subjects covered. They are not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Patriot Wealth and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney. Investment Advisory Services is offered through Retirement Wealth Advisors (RWA), a Registered Investment Advisor. Patriot Wealth and RWA are not affiliated. Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.

PATRIOT WEALTH | 919.322.4113 | P1

4 ITEMS WORTH A LITTLE EXTRA GET MORE BANG FOR YOUR BUCK

Not all goods are created equal. Going cheap can seem appealing (who doesn’t like to save money?), but when you use up products more quickly than expected or they just cause a hassle, you haven’t really saved. Some things are worth spending a little extra on. Here are four such everyday items. BATTERIES Discount and dollar store batteries are often made with low-quality materials and don’t hold their charge as well. Plus, because they’re made with cheaper materials, there’s a greater chance they will leak and damage the device they’re powering. Brand-name batteries use high-quality materials and hold a much better charge, so you will use fewer batteries and they are less likely to leak. Pro Tip: If you don’t plan on using a battery-powered device for an extended period of time, always remove the batteries before storing it. TOILET PAPER We’ve all experienced the disappointment of cheap, one-ply toilet paper. This subpar paper is less absorbent and more prone to tearing than its higher-quality counterpart. Furthermore, low-quality TP can irritate your

skin, causing discomfort and other problems. Regardless, the overall cost savings of buying low-quality TP will be negligible because you’ll end up using more to make up for the lack of ply. PLASTIC WRAP There are many brands of plastic wrap on the market, but several are more trouble than they’re worth. Plastic wrap is most often used to cover and save food, which means its seal or cling is of the utmost importance. Sadly, budget brands don’t have the same cling technology as name brands. While you may feel like you’re saving money by buying cheaper plastic wrap, it’s likely to leave you frustrated and with food that is only partially covered. SHOES Cheap footwear can lead to all kinds of problems. For one, cheap shoes are more likely to fall apart sooner than shoes from reliable brands, and that alone can break anyone’s budget. Worse yet, cheap shoes rarely provide the necessary foot support, which can lead to serious musculoskeletal issues, including knee problems. These may require professional intervention to fix, so take your time and spend the necessary money to get good shoes that fit properly.

ANALYSTS SAY TAR HEEL STATE A POPULAR RETIREMENT DESTINATION NORTH CAROLINA, RALEIGH RAKE IN RECOGNITION

We’ve always known Raleigh was a great place to live, work, and retire, but now we have proof! In 2020, Raleigh ranked seventh in the country as one of the most popular places for retirees to move to, edging its way into the ranking this year. (Notably, our friends in Durham, North Carolina, made the list last year.) Overall, North Carolina ranked third as the most popular state for retirees, just behind Florida and Arizona. The rankings were done by SmartAsset, a search engine to help consumers find financial advisors. It compared >Page 1 Page 2 Page 3 Page 4

patriotwealthnc.com

Made with FlippingBook Learn more on our blog