Memorial Day: Not Just Another Day Off

Memorial Day, originally known as “Decoration Day,” was created in 1868 in order to commemorate the Union and Confederate soldiers that died during the Civil War.

Today, it honors all the American servicemen and servicewomen who sacrificed their lives for our country. But the true meaning of Memorial Day has gradually been overlooked by many.

For many, Memorial Day has become an extra day off from work that includes barbecue, hamburgers, and baseball instead of a solemn day to reflect and remember the brave men and women who gave their lives for America’s values and freedom.

“Freedom is never more than one generation away from extinction. We didn’t pass it on to our children in the bloodstream. The only way they can inherit the freedom we have known is if we fight for it, protect it, defend it, and then hand it to them with the well-thought lessons of how they in their lifetime must do the same.”
— Ronald Reagan

For me, however, Memorial Day is a nostalgic, solemn day.

America is a nation of immigrants. Most of us can trace our roots to some place other than the U.S. For many Americans, this means European ancestry.

I can’t claim any lineage to the Mayflower, nor did any of my ancestors cross the vast Midwest prairie in covered wagons. Like yours, however, my ancestors came to America in search of a better life.

My grandfather, Fusakichi Sagami, was from Hiroshima, Japan. He traveled across the Pacific Ocean in 1893 as a kitchen helper on an American sail-powered freighter. He continued to work in kitchens on any ship that would hire him, including a short stint on the naval schooner USS Augustus.

He married Mitsu, a picture bride, in 1906, started a small vegetable farm in western Washington, and produced 10 children, including my father, Ken.

Fusakichi, Mitsu, and their 10 children were among the 110,000 American citizens of Japanese ancestry held in the World War II internment camps. But despite being unjustly imprisoned and stripped of his land, Fusakichi believed so strongly in America that he ordered all his sons to volunteer for the U.S. Army.

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“You may die, but you must do this to prove that we are loyal to America,” he told his eight sons from behind the barbed-wire walls of the Minidoka War Relocation Center in Idaho.

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Six of the eight Sagami boys joined the U.S. Army, and all of them fought in the highly decorated 442nd Infantry Regiment. One of them, my uncle Yohei, died in France and was posthumously awarded a Silver Star and Bronze Star.

Family friends tell me that my grandmother was never the same after Yohei died. She wore his dog tags around her neck and rubbed the metal completely smooth over the next 50 years of her life. It was almost like she was self-medicating the hole that was in her heart.

“And they who for their country die shall fill an honored grave, for glory lights the soldier’s tomb, and beauty weeps the brave.”
Joseph Drake

Stand for Uncle Sam

My father ferociously worshiped five things: Jesus, my mother, hard work, baseball, and the United States of America.

He was as fiercely patriotic as my grandfather, and I believe the biggest disappointment I ever caused him was my failure to serve our country.

I turned 18 during the tail end of the Vietnam War, and my father pushed me to go the ROTC route for college. I reluctantly signed up for Navy ROTC and received an appointment. But I dropped out eight days before the start of my freshman year, succumbing to the pleading tears of a now long-gone high school girlfriend.

My quitting ROTC disappointed my father so badly that he didn’t talk to me until Christmas of that year. Of course he loved me, but I’m not sure he ever fully forgave me.

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So, what’s this got to do with investing?

My father died in 2009 at 93 years old. But I know he would be disgusted at the government snooping on our phone calls and emails, the IRS’s abuse of power, the FBI spying on political candidates, and other intrusions on the freedom that the Sagami boys fought for in World War II.

Strong feelings mean opportunity for companies that help people who don’t want the government sticking its nose into our lives; especially our electronic lives.

Companies whose business is to protect private information from prying eyes include FireEye (FEYE), Imperva (IMPV), Fortinet (FTNT), Check Point Software Technologies (CHKP), and Palo Alto Networks (PANW).

If you’re more of an ETF investor, take a look at PureFunds ISE Cyber Security ETF, symbol HACK.

Of course, timing is everything, so I suggest that you wait for my buy signal. But personal privacy and online security are going to be two of the biggest, most profitable businesses going forward, and you should look for ways to get investments that profit from them in your portfolio.

Freedoms, including the right to privacy, are what my Uncle Yohei and hundreds of thousands of other American soldiers fought for. And I hope that all of us can take a minute out of our holiday to remember those fallen veterans.

Best wishes,

Tony Sagami

P.S. Ever since we launched our Weiss Cryptocurrency Ratings in January, the crypto world has been asking us to reveal to the public our ratings for each of the 93 cryptos we cover. And on Tuesday, May 29, we will do just that, PLUS show the inner components of each of those grades. Click on this link to tell us where to send your free copy of our brand-new report. As an extra bonus, we’ll also send you our email news alerts three times weekly. (I usually write the Monday alert, so this is a great way for us to stay in touch during the week.)

About the Technology Analyst

Even in the worst years for stocks, Tony was twice named “Portfolio Manager of the Year” by Thomson Financial. He was one of the first to introduce computer software for trading stocks. And in the early 2000s, he wrote “The Supernet,” providing a vision of the future internet that was far ahead of its time.

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