Have a Happy Thanksgiving!

Everyone at Sjoberg & Holmstrom Financial Services and Your Safe Money Show wish you and your family a Happy Thanksgiving! The office will be closed Thursday and Friday.

Thanksgiving Fun Facts

Fun Turkey Facts                                                   

The average weight of a turkey purchased at Thanksgiving is 15 pounds.

The heaviest turkey ever raised was 86 pounds, about the size of a large dog.

A 15 pound turkey usually has about 70 percent white meat and 30 percent dark meat.

The five most popular ways to serve leftover turkey is as a sandwich, in stew, chili or soup, casseroles and as a burger.

Turkey has more protein than chicken or beef.

Turkeys will have 3,500 feathers at maturity.

Male turkeys gobble. Hens do not. They make a clucking noise.

Commercially raised turkeys cannot fly.

Turkeys have heart attacks. The United States Air Force was doing test runs and breaking the sound barrier. Nearby turkeys dropped dead with heart attacks.

A large group of turkeys is called a flock.

Turkeys have poor night vision.

It takes 75-80 pounds of feed to raise a 30 pound tom turkey.

A 16-week-old turkey is called a fryer. A five to seven month old turkey is called a young roaster.

Definition of the Day November 27

Pension Plan:
A qualified plan designed to provide payments to an employee upon retirement. Pension plans comprise a yearly funding commitment from employers, no access to plan funds before retirement, and restrictions on investments in employer stock to ten percent.

Washington gridlock risks $7 milk

http://money.cnn.com/2013/11/26/news/economy/milk-farm-bill/index.html?iid=HP_MPM

Definition of the Day November 26

Tax-Deductible:
An amount of money deducted from the adjusted gross income of a taxpayer in order to calculate the total of taxable income. Medical expenses, paid mortgage interest, and charitable contributions itemized on Schedule A of federal income forms are examples of tax-deductible expenses.

Definition of the Day November 25

Period Certain:
An income option in an immediate annuity plan whereby the owner of the annuity contract may choose to receive periodic payments for a set period of time, with the payout amount determined by the contract's value and the length of the period of time chosen.

Highlights for Saturday's November 23 Your Safe Money Show

On this Saturday's Your Safe Money Show the "real rate of return" is different from the "annual rate of return" I'll explain what that difference is.I have some guidelines to use when loaning money to family members that might help you out in the long run. And 50 years ago November 22, 1963 President Kennedy was assassinated, we'll look back and make some comparisons to today