Patriot Wealth - November 2021

Patriot Wealth - November 2021

NOVEMBER 2021

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PATRIOT WEALTH

Happy Thanksgiving! FROM MY FAMILY TO YOURS

This summer, Bridgette and I moved into our new home. It was a whirlwind experience looking for, putting an offer on, and moving into a new house, especially in Raleigh’s crazy market, but we have really enjoyed making it our own. As we approach Thanksgiving, we are also anticipating the continuation of a family tradition — this time, in our own home. Bridgette and I are excited to host our first holiday gathering. We’ll welcome her parents, her brother and his wife, along with her sister, her husband, and their two kids Arabella and Harrison. Let the festivities begin! Bridgette comes from a big Italian family. Food and family are intertwined into every aspect of our holiday gatherings and traditions. “A tavola non s’invecchia” is an Italian proverb which means “At the table, one does not grow old.” As simple as it may seem, some of our fondest memories as a family are created around the dinner table! This year, we feel blessed that we have the opportunity to host Thanksgiving ourselves. Our hope is that everyone can enjoy themselves — especially baby Harrison who is

celebrating his first Thanksgiving. (Gobble gobble!)

Bridgette is a fantastic cook and host, something I truly am thankful for! I know we are all in for a great meal. We typically enjoy sausage stuffed mushrooms, stuffing (yes, more than one kind in this family), corn, and of course, Mr. Turkey himself! I am even planning to do smoked turkey legs in my smoker from Wes and Rick. This will be a new addition to our menu, but if it is anything like my smoked ribs, I think they will be a hit! As we approach the holiday, admittedly, the financial side of me is already running the numbers. Hosting guests and creating a Thanksgiving meal isn’t cheap, and Bridgette is the kind of person who does everything at 100% — food and drink are a serious undertaking when she is at the helm! It’s one of the things I love about her, but that certainly requires a few more nickels to make it happen! For us, we certainly recognize the cost and stress of hosting a holiday gathering, but ultimately, it is something we truly could not be more excited for.

This is a time to forget about the dollars and enjoy the time together because, after all, we must remember “At the table, one does not grow old!” The opportunity to carry on traditions that were passed down while also creating new ones of our own is what it is all about! I urge you to take a moment this Thanksgiving, celebrate your success, laugh together, and raise a glass to health, wealth, and happiness!

I hope you and your loved ones make a few memories this Thanksgiving, too.

–Austin Kobilka

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.

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Every Thanksgiving, we gather with our families and friends and pig out. Turkey, cranberry sauce, and stuffing, oh my! But did the Pilgrims actually eat all the same foods we do today? When we sit down at the Thanksgiving table, we are blessed with mashed potatoes, candied yams, green bean casserole, turkey, stuffing, and pumpkin pie. However, if we wanted to be historically accurate, we would need to change up that dinner spread a bit. Historians know of a few foods on the table that Pilgrims and Wampanoags shared at Plymouth Colony in 1621. Wildfowl, corn (in grain form for porridge), and venison were sure to be served at the first Thanksgiving. Wild turkey was also a common and abundant food source but wasn’t likely the main course as it is today. A few days before the first Thanksgiving, the colony’s governor put four men in charge of hunting for birds for the feast, and they very likely returned with some turkey. However, as far as mashed potatoes are concerned, in the early 1600s, most Europeans and the Wampanoag had no idea what a potato was. They weren’t cultivated in North America until the 1700s. Likewise, cranberries were still very new to the What Was on the Menu? THE FIRST THANKSGIVING

Pilgrims, and they didn’t yet use them for food — instead, they used them to make dyes for fabrics!

For dessert, pumpkin pie was not yet a thing either. Although the Pilgrims liked pumpkins, they didn’t have the butter and wheat flour needed to make pie crust. Instead, they hollowed out the pumpkins (just like Halloween!) and filled them with milk and honey to make a custard and then roasted them. Although our Thanksgiving meals have changed over the years, it still is a fantastic time to get together and celebrate. In the spirit of evolving traditions, don’t be afraid to innovate to add your own personal traditional twist to the holiday as well!

SHOULD YOU MOVE TO A RETIREMENT COMMUNITY? WHAT ARE THE PROS AND CONS?

HOW DO YOU CHOOSE? An argument can be made for and against retirement communities, but ultimately, your decision has to boil down to two factors. The first is research. Visit a community, speak to residents, and observe a few activities. U.S. News World & Reports also suggests eating at a retirement community before choosing it as your new home. The second factor is your lifestyle. Ask yourself if a retirement community fits your goals for retirement. Consider your wants, family, and personal bucket list before making a decision. If you’re considering a retirement community, our team at Patriot Wealth can help you prepare financially. Give us a call today to learn more. We have seen all kinds of plans for retirement, and among the most common is moving into a retirement community. We’ve had clients who adore their community and others who hated the move. So, how do you know if a retirement community is best for you?

COMMUNITY AND WELLNESS THE PROS A retirement community is a great option for retirees focused on maintaining an active social life. Neighbors in a 55+ community are at similar stages in life, allowing for easy connection. Plus, many retirement communities offer weekly activities and social hours, and some living expenses may include a pool, gym, food, and other amenities. Furthermore, there may be medical and aging benefits to a retirement community. Housing is typically built for an aging population, guaranteeing accessibility. Some communities may also have options to move into assisted living or receive at-home nursing care.

COSTS AND RESTRICTIONS THE CONS For as many benefits as retirement communities have, there are still plenty of downsides. For starters, there may be homeowners association (HOA) fees that could increase your cost of living expenses. There could also be hidden monthly costs for the aforementioned amenities.

When you move into a retirement community, you also give up a few

freedoms you can enjoy as an individual homeowner. For instance, the HOA or community standards may limit your right to landscape or decorate your home as you please or own a pet. Furthermore, when food is included, there could be dietary concerns you have to consider.

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3 LOCAL SPOTS PERFECT FOR THE BIG GAME

Game On!

One of the biggest months for football is here, and while you may watch the Thanksgiving games at home, you can’t beat the atmosphere at local watering holes. Before football season is over, be sure to check out our top three local places to watch football. BACKYARD BISTRO When: Monday–Thursday from 11 a.m.–9 p.m., Friday and Saturday from 11 a.m.–10 p.m., and Sunday from 11 a.m.–7 p.m. Where: 1235 Hurricane Alley Way, Raleigh Website: BackyardBistro.com While its name may sound fancy, Backyard Bistro is the perfect spot for anyone who loves sports. The restaurant is adorned with five big screen TVs, and the bistro allows you to control the volume from speakers at your table! Plus, you can’t beat the food. Choose from 12 wing flavors, order a platter of barbecue favorites, or split a dessert. And if you would rather tailgate on game day, Backyard Bistro can do the cooking for you! Learn more online. DOHERTY’S IRISH PUB & RESTAURANT When: Monday–Thursday from 11 a.m.–11 p.m., Friday and Saturday from 11 a.m.–12 a.m., and Sunday from 9 a.m.–11 p.m. Where: 1979 High House Road, Cary Website: DohertysIrishPubNC.com/Cary Doherty’s — which is also in Apex, North Carolina — is a great spot for NFL fans. Enjoy food specials from cities around the country throughout the season, and get in on the prediction fun by choosing which teams will win. If you guess correctly, you could win a $20 gift card or $100 in cash! Have some fun and maybe even win some money! Find more details online. SALEM STREET PUB When: Thursdays from 11:30 a.m.–11 p.m., Friday and Saturday from 11:30 a.m.–12 a.m., and Sunday from 11:30 a.m.–10 p.m.

TAKE A BREAK

Easy Pumpkin Brownies Inspired by TheCookieRookie.com

INGREDIENTS

• 1 box brownie mix, plus other ingredients listed on box • 1/2 cup chocolate chips

• 1/2 can pumpkin purée • 6 oz cream cheese, softened • 3 tbsp sugar • 1 tbsp pumpkin pie spice

DIRECTIONS

1. Preheat the oven as directed on the brownie box, then make the brownie mix. Fold in chocolate chips. 2. In a medium bowl, combine pumpkin purée, cream cheese, sugar, and pumpkin pie spice. 3. Choose your pan as directed on the brownie box. Grease it if needed. 4. Pour half of the brownie mix into the pan and spread evenly. 5. Add the pumpkin mixture to the pan, evenly or in a pattern. Cover with the rest of the brownie mix and spread evenly. 6. Bake as directed on the brownie box, adding 10 minutes to account for the pumpkin. Test for doneness, and when your toothpick comes out clean, cool and enjoy!

Where: 113 N. Salem St., Apex Website: SalemStreetPub.com

Come hungry and leave full! Salem Street Pub has a few TVs for broadcasting the game, but the real pull of the pub is its great food and drinks. Enjoy modern takes on some of your favorite pub classics, like buffalo cauliflower and spicy fried pickles. Don’t forget to order a legendary burger or sandwich! Then, wash it all down with a local brew or one of the pub’s famous moonshine cocktails. This is a football experience perfect for the foodie in your group. Check out Salem Street Pub online!

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INSIDE THIS ISSUE

Family Traditions Are Worth the Money PAGE 1

The First Thanksgiving Menu PAGE 2 Pros and Cons of Moving to a Retirement Community PAGE 2

Easy Pumpkin Brownies PAGE 3

Catch the Game at These 3 Local Spots! PAGE 3 Football and Thanksgiving: A Match Made in Marketing Heaven PAGE 4

Football and Thanksgiving: A Match Made in Marketing Heaven

Last year, 30.3 million people tuned in to watch the NFL’s Thanksgiving showdown between the Washington Football Team and the Dallas Cowboys. For those Americans (and probably for you if you’re reading this article), football is as essential to Thanksgiving as turkey and stuffing — but why? As it turns out, there are two answers to that question. The first is that games have been played on the holiday for almost as long as it has officially existed. Thanksgiving became a holiday in 1863, and just six years later, the third American football game in history was played on it. According to SB Nation, the Young America Cricket Club and the Germantown Cricket Club faced off in that inaugural Thanksgiving game in Philadelphia, and football has been played on Thanksgiving pretty much ever since! When the NFL was founded in 1920, the Thanksgiving game was official from the get-go. The second reason we watch football on Thanksgiving is more about money than tradition. In 1934, a Detroit Lions coach, George A. Richards, decided that in order to attract more fans,

his team would make a point to always play on Thanksgiving when most people were off work. To sweeten

the pot, he committed his radio station (an affiliate of the NBC Blue Network) to broadcasting the Thanksgiving game live on 94 different stations across America. This idea was a hit from day one! According to Sporting News, the long-unloved Lions “not only sold out the stadium, they also had to turn people away at the gates.” In 1966, the Dallas Cowboys signed on to play every Thanksgiving, too, for similar publicity reasons. Since those early days, football-themed traditions have flourished in American families. Apart from watching games on TV, one of the most popular is organizing a pre-turkey game of family touch football a la the sitcom “Friends.” (Its famed episode “The One With the Football” aired Nov. 21, 1996.) If you’ve never organized a game, this could be your year! To get started, Google “Scott’s Family-Friendly Touch Football” and click the first link.

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