Valentines Day
Approximately:
$ 4.3 billion spent on jewelry
$ 1.9 billion spent on flowers
$ 1.8 billion spent on candy
$ 933 million spent on greeting cards
$ 620 million spent on wine
$ 27.4 billion spent on hotels
$ 250 million spent on roses
Also:
Valentine's Day can be an incredibly expensive holiday to celebrate. Buying expensive jewelry, flowers, and dining at a nice restaurant might not even help your relationship and could even harm it. Valentine's Day leaves people in relationships with impossible expectations and leaves single people out.
Suicides increase on the day of love due to loneliness; it also triggers domestic violence.
History:
The ancient Romans may also be responsible for the name of our modern day of love. Emperor Claudius II executed two men — both named Valentine — on Feb. 14 of different years in the 3rd century A.D. Their martyrdom was honored by the Catholic Church with the celebration of St. Valentine's Day. Valentine's Day is named after Saint Valentine, a Catholic priest who lived in Rome in the 3rd Century. There are many stories about St Valentine and over time these stories grew into the legend we know today. The very brief vita of St Valentine states that he was executed for refusing to deny Christ by the order of the "Emperor Claudius" in the year 269. Before his head was cut off, this Valentine restored sight and hearing to the daughter of his jailer.
Valentines Day & Investing
Much like we search for the right romantic partner and life mate, investing involves searching for the right stocks, mutual funds and other asset classes that fit our rational needs. It also enlists the help of a dynamic advisor like myself to help you along your journey. John Zalevits 509-435-0446. When it comes to your money and investments, the right stocks, mutual funds, etc. also aren’t very easy to find. To find the right asset mate/advisor, you have to define your rational goals, which includes identifying your time horizon, assessing your risk profile, evaluating your overall financial picture and defining a host of other considerations.
Of course, there is one thing that investing has over the search for that perfect Valentine, and that is diversification. Every investor can construct his or her portfolio with a combination of equities, fixed income and alternative assets that fit his or her rational goals. But unless you have a very open situation, it’s hard to “diversify your portfolio” when it comes to spouses.
I am that great advisor that will listen to what is important to you; and help you find a road map that works specifically and individually for you. John Zalevits 509-435-0446.
This is meant for educational purposes only. It should not be considered investment advice, nor does it constitute a recommendation to take a particular course of action. Please consult with a financial professional regarding your personal situation prior to making any financial related decisions. Diversification is an investment strategy that can help manage risk within your portfolio but it does not guarantee profits or protect against loss in declining markets. Investing involves risk, including the potential loss of principal.
(02/21)