November 11, 2020 - Published by IAG Wealth Partners

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Veterans Day

Today is a day dedicated to those who have made personal sacrifices for our country.

Veterans Day started as Armistice Day in 1938, a day commemorating the end of fighting in the so-called Great War on the 11th hour of the 11th day of the 11th month of 1918. In 1954 Congress changed the name of Armistice Day to Veterans Day.

Back in 1954 almost every American knew at least one veteran personally. It took the contribution of over 16 million American armed forces personnel (coupled with the support of even more millions of civilians) to emerge victorious in 1945. They were family members, neighbors, coworkers, or friends. Some of their experiences were shared and reshared.

In 2020 less than 2% (about 300,000) of those 16 million World War II veterans are still alive, and a much smaller number of Americans know at least one veteran personally. Fewer still know their stories.

Thus, Veterans Day is gradually evolving. It used to be a day for Americans to personally thank the veterans they know for their service. It is gradually becoming an impersonal holiday to honor veterans who we don’t know and whose stories we have never heard.

Our collective lack of knowledge about veterans’ efforts to protect our country does not diminish their sacrifice, but it certainly can reduce our appreciation.

Please remember to take a moment from your day today to thank the veterans you know and remember those veterans who are no longer with us.


Quote of the week: John Doolittle: “America’s veterans have served their country with the belief that democracy and freedom are ideals to be upheld around the world.”

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Any opinions are those of IAG and not necessarily those of LPL Financial. Expressions of opinion are as of this date and are subject to change without notice. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. No strategy assures success or protects against loss. Investing involves risk including loss of principal.

This Photo by Unknown Author is licensed under CC BY-NC

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