June 9, 2022
Why do we celebrate Father's Day?
Recent Blog Posts
For more than 200 years, farmers and lots of other people have looked forward to and relied on the Almanac’s forecast.
The official U.S. celebration of Father’s Day will turn 50 this year. In the mid-1960s President Lyndon Johnson, through an executive order, designated that the third Sunday in June should be set aside to honor American fathers. However, it wasn’t until six years later, during the Nixon administration, that Father’s Day was officially observed as a national holiday.1
There are many men still alive who were honored on that observance in 1972. In other words, the establishment of the holiday seems very recent, especially when you think about how fathers have been honored throughout recorded history.
Scores of other countries celebrate their own versions of Father’s Day on various dates throughout the year. As far as historians can tell, the U.S. version has two possible origins, both in the early 20th century.
One candidate is a July 5th, 1908 observation in the town of Fairmont, West Virginia. It occurred shortly after a deadly coal mine explosion claimed the lives of 361 men. A woman named Grace Golden Clayton suggested to a local Methodist minister that they hold services to celebrate fathers. Perhaps this was to serve as a reminder to take the opportunity to honor your father while he is still living.
The other candidate for the origin of the holiday occurred one year later on the opposite side of the country. The story goes that Sonora Smart Dodd got the idea while sitting in church listening to a Mother’s Day sermon. Dodd had not had a mother growing up. Her mother had died giving birth to her sixth child. This left Dodd’s father, a Civil War veteran, to raise half a dozen children on his own. In addition to giving them a loving home he also managed to run his small farm in Washington state.
At Dodd’s suggestion, the city of Spokane celebrated Father’s Day on the third Sunday in June, 1909.
Writing for the Art of Manliness, Brett and Kate McKay note that Father’s Day has been largely hijacked by marketers.
“A holiday that was supposed to honor dad and enumerate his special qualities, now is used to sell chili pepper ties and shop vacs.”
It’s understandable that if you don’t know exactly how to express your feelings to your father, you might bypass the awkwardness by getting him a mug that says, “World’s Greatest Dad.”
But the McKays suggest that instead you simply write a card expressing some of the things you love and admire about him.
“Just tell him that you’re glad to be his son” or daughter.
We wish all dads a happy Father’s Day and hope they feel appreciated for their important role in our lives.
Efficient Advisors’ Disclosure:
The views expressed herein are exclusively those of Efficient Advisors, LLC (‘EA’), and are not meant as investment advice and are subject to change. All charts and graphs are presented for informational and analytical purposes only. No chart or graph is intended to be used as a guide to investing. EA portfolios may contain specific securities that have been mentioned herein. EA makes no claim as to the suitability of these securities. Past performance is not a guarantee of future performance. Information contained herein is derived from sources we believe to be reliable, however, we do not represent that this information is complete or accurate and it should not be relied upon as such. All opinions expressed herein are subject to change without notice. This information is prepared for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. You should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. You should note that security values may fluctuate and that each security’s price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Investing in any security involves certain systematic risks including, but not limited to, market risk, interest-rate risk, inflation risk, and event risk. These risks are in addition to any unsystematic risks associated with particular investment styles or strategies.
Winnow Wealth, LLC (“Winnow Wealth”) is a Registered Investment Adviser.
The information presented is not investment advice – it is for educational purposes only and is not an offer or solicitation for the sale or purchase of any securities or investment advisory services. Investments involve risk and are not guaranteed. Be sure to consult with a qualified financial adviser when making investment decisions.
This content is intended to provide general information about Winnow Wealth. It is not intended to offer or deliver investment advice in any way. Information regarding investment services are provided solely to gain an understanding of our investment philosophy, our strategies and to be able to contact us for further information.
All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.
The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward‐looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur.
Past performance is no guarantee of future returns.
Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy will be profitable.
Additional Important Disclosures may be found in the Winnow Wealth Form ADV Part 2A. For a copy, please Click Here.