Your Survival Guy

Preparing your investments and family for when disaster strikes.

Compensation was paid to utilize rankings. Click here to read full disclosure.

  • Home
  • Your Survival
    • Special Report: FOOD SHORTAGE: Crazed Hoarding Is Not Preparing
    • Your Survival Guy’s Super States
      • 2023
      • 2022
      • 2021
    • Constitutional Carry
    • EMP Threat
    • Tucker Explains
    • Newport Gas Outage
    • Water
      • Emergency Water Storage
      • Let There Be Water
    • Get Your Gun and Your Training Now
    • Satellite Phones
    • Navy SEAL Survival Kit
  • Your Money
    • Coronavirus Infects Stock Market
    • Looking for a Better America
    • You Invest, They Win
    • Where to Keep Your Cash
    • Paris
    • How to Buy a Boat
    • Dead or Alive? The Future of Long-Term Investing
    • Is Vanguard too Big?
    • Cryptocosm and Life After Google
    • The Last Intelligence Report
    • The Truth Behind the S&P 500
    • RAGE Gauge
    • How Many “Retirees” Will Keep Working?
    • Your Retirement Life
    • You’ll Love This if You’re Dreaming of an Active Retirement Life
  • Weapons
    • Self Defense
    • Every Family Should Own at Least One Shotgun: Here Are Three
  • About Me
    • Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While”
    • Preparing for Times Like These
    • My Videos/Pics
    • Music
      • RIP Neil Peart: You Will Always Be Remembered as a “Modern-Day Warrior”
    • Your Survival Guy: Make Your Bed and The Hero Code
  • You
    • Our Cabin on Kodiak, Alaska
    • If You Are in Pain, this May Help. It Helped Me.
    • How to Save for a Grandchild
    • FIRE! Financial Independence, Retire Early
    • Compound Interest
    • Arithmetic of Portfolio Losses
    • Maximum Portfolio Withdrawal Rate
    • An Efficient Frontier
    • Retirement Compounders
    • Counterbalanced Total Returns
  • Survive & Thrive
    • October 2023: Storming the Magic Kingdom: Wall Street and the Raiders…
    • September 2023: “I Want to Be a Farmer, a Garbageman, or Tom Brady”
    • August 2023: Time Is Money: Are You Over 40?
    • July 2023: When Should You Take Social Security?
    • June 2023: Your Survival Guy in Rome 30-Years A.B. (After Babson)
    • May 2023: “I’m Having Major Surgery Tomorrow,” He Said
    • April 2023: Will the Black Swan Usher in Digital Dollars?
    • March 2023: How Long Have You Been in the Investment Business?
    • February 2023: 4 Life Changing Words: “You Should Try This”
    • January 2023: Stacking Wood and Compounding Money
    • December 2022: Your Survival Guy Prefers Bombardier’s Global Express 7500
    • November 2022: Arriving in Style at Le Bristol Hotel, Paris
    • October 2022: Sink Your Teeth into These Bond Yields
    • September 2022: Do You Have the 7 Habits of Highly Effective People?
    • August 2022: “Watch This Boat off Our Stern,” My Dad Said “He’s Coming in HOT”
    • July 2022: MONEY TALKS: Your Survival Guy’s Best Service in Paris
    • June 2022: “I’ve Been with Richard Young for Over 30 Years Now”
    • May 2022: Survive “If You Fail to Plan, You Plan to Fail”
    • April 2022: Dream On! Fishing the Double Down in Key West
    • March 2022: Your Survival Guy Hears the Craziest Investing Stories
    • February 2022: Your Survival Guy’s 2022 Super States
    • January 2022: The Least Affordable Housing Market in the U.S.
    • December 2021: Listen Your Survival Guy is not “Mr. Peanut”
    • November 2021: Joe Biden is Weaponizing Your 401(k) Against You
    • October 2021: Time to Get Your Lazy Cash Off the Couch
    • September 2021: What’s Your Survival Guy Investing in Right Now?
    • August 2021: To Where Will You Flee?
    • July 2021: This Bubble’s Popped Baby
    • June 2021: Your Survival Guy’s Summer Job, Inflation & You
    • May 2021: You’re Telling Me Friends Ask You This Question
    • April 2021: Is There One Best Place in America for ‘Liberty Retirees?’
    • March 2021: America’s Growth Corridors
    • February 2021: Troops in D.C. & Your Authoritarian Virtual Panopticon
    • January 2021: Are You Ready for The Great Reset?
    • December 2020: Disaster Prep in Our Newport Bunker and Your Survival
    • November 2020: Election 2020 Edition: Stock Market is Predicting a Trump Win
    • October 2020: You Invest They Win, AGAIN
    • September 2020: Proud to be an American: Pro-Trump Parade Turns Rhode Island Red
    • August 2020: The Clock is Ticking: You Must Protect Your Family
    • July 2020: What Will Her Life Be Like Now?
    • June 2020: Your Survival Guy’s Home (and Money) Protection Plan
    • May 2020: Future Look at Covid-20, or the Next Deadly Virus
    • April 2020: Only Trump Saw the Risk in America’s Relationship with China
    • March 2020: Coronavirus Infects Stock Market
    • February 2020: Escape the City: Live Small, Cheap, and Safe in America
    • January 2020: Is Your Cash Safe? Probably not This Safe
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • Welcome

Gale Warning During Newport’s Concours and Motor Week

October 3, 2022 By E.J. Smith - Your Survival Guy

By Benjamin R Benoit @ Shutterstock.com

Happy Monday from Your Survival Guy. What a weekend. Weather-wise a rainout, which is a shame because it was Newport’s Concours & Motor Week—celebrating the history of sportsmanship and motoring.

Life Comes at You Fast. Slow It Down with My Friday Email. It’s Free.
  • Your Retirement Life: The New Mustang Arrives

Here was the forecast Sunday morning: “Gale Warning in Effect through Monday Morning, at 7:02am EDT Sunday Oct. 2, 2022. Northeast winds 25 to 30 knots with gust up to 40 knots, seas 6 to 9 feet, a chance of showers, mainly this morning.”

  • Trying to Reason with Hurricane Season

Not exactly the weather you want to showcase your million-dollar—and then some—collectible automobile. (Check out a classic interview from September 2019 with Chairman Jay Leno, yes that Jay Leno, below.)

  • Boat Show Weekend in Newport, RI with Your Survival Guy

When it comes to investing, by the way, the road less traveled is the one we all imagine we’re on. Making that a reality sometimes means you need to stick to your guns and do nothing. Don’t get pushed into the wrong lane of traffic.

  • See Your Survival Guy’s Super States on $1 a Day

When you invest in times like these, I want you to be paid to be in stocks in the form of dividends and interest with bonds. Don’t beat yourself up over prices. They’re opinions. It turns out opinions can be dead wrong. Look at some of the tech highflyers, priced for perfection. Turns out, they have a few problems under the hood.

I want you to be a prize-winning collector, not a predictor of the direction of interest rates, for example. That’s cheap. That’s not collecting value over a lifetime of work. “Oh, rates are going up” as if it’s the only opinion. Did you sell your house when its value was down and pack up the family? I didn’t.

  • I Would Love to Talk with You

Action Line: Speculators are horses out of the barn. They’re emotional beasts. Investing separates the pack into winners and losers. If you need a better jockey, give Your Survival Guy a call.

P.S. I like this interview with Jay Leno, Mr. Car Guy, by David Zivian of Mensbook, that I read while waiting out the storm. Enjoy.

The inaugural Audrain’s Newport Concours & Motor Week, Oct. 3-6 in Rhode Island, promises to be one of the great automotive enthusiast events of the year (audrainconcours.com). As it will be held on and around Rough Point, the spectacular estate of the late tobacco heiress Doris Duke, it’s fitting that three of her vehicles will be on display, alongside a Koenigsegg Jesko, the Bugatti Chiron and a customized Porsche 356 Outlaw. Fitting, too, that comedian and car aficionado Jay Leno will serve as chairman for the bash. We caught up with him as he was heading east.

MB Your show, Jay Leno’s Garage, just turned five years old. It still seems like it’s your new show.

JL Yeah, that’s better than being the old worn out show I guess. So I’ll take it.

MB Tell us about the Newport event

JL This will be a big one. It’s fun—it’s a concours. And Newport is the perfect place because you’ve got all of these luxury brands and you’ve got all of these giant mansions to lease for events. It’s just fun.

MB And you’re keeping the next generation excited.

JL Whenever I go to car shows I always let kids sit in the cars and get behind the wheel and do all that kind of stuff. The idea of, “Hey, you kids get out of here,” you know I don’t like that. And, something new, we have a class called 30 under 30 which is people 30 years of age or under who restored or fixed up a car for under $30,000. It is rather expensive to restore cars, so if kids can do it themselves with a certain amount of elbow grease and self starter knowledge, that makes it a little more fun.

MB You have about 188 cars and 163 motorcycles yourself. I have to ask: Do you have a favorite?

JL No, no. If I had a favorite I wouldn’t have all of those cars. There are some of course that are very valuable and there are cars that I just like because they are technically interesting. I’ve got steam cars, I’ve got gas turbines, I’ve got electric. I guess for lack of a better phrase it’s sort of the history of transportation, you know?

MB Is there still a holy grail out there for you?

JL No—because I buy the story as much as I buy the car. You know, a car that has had one owner for 50 years and things like that. A lot of times I buy cars I am not particularly interested in but the story is so good.

MB It’s funny how that works.

JL I had Paul Allen the Microsoft guy at the garage. He just passed away. He was worth like $58 billion dollars or some crazy thing but his dream car was a ‘73 Buick Electra. His dad had one and he and his dad would drive around in that thing so he was always looking for one of those to buy. It’s a bit like Rosebud in Citizen Kane, you know? The car brings back some nostalgic feeling or some part of your life.

MB It’s that way for a lot of people.

JL For most people. When I was a kid they said the Mustang would never be a collectible car because they built over a million of them in the first year. Well that’s why it’s collectible: People have memories they want to relive. We Americans are funny that way. When something comes out we all can’t wait to go buy it, then we tire of it, then we throw it away and then 20 years later we pay a fortune to get it back again.

MB Jerry Seinfeld has a car show as well. Is there some kind of affinity with comedians and cars?

JL Actually it’s just me and Jerry, when you think about it. It just happens to be two comedians who like cars. Most comedians I know don’t know anything about cars. It’s just a coincidence. Seinfeld and I are best friends. He’s a Porsche guy.

MB Anything youre on the lookout for right now?

JL No, its sort of whatever sort of catches your eye. That’s the beauty of it. For example I had this old lady call me. She had a ‘53 Hudson Hornet, 4 door, and she wanted to sell it and I said “Oh, I’ve already got a Hudson Hornet, I’ve got a 51.” She goes, “Oh. Well, we bought this new and my husband and I drove my kids around and it was the only car we had. He died in ‘96. Can you just come look at it? “ And I said, “Ok, you’re the original owner? Can I ask how old you are?” And she said, “96.” So I went out to see her. No hearing aid, no glasses. The car is in the garage, four flat tires. She goes, “Would you buy it? Would you give me $5,000?” I said ok. So I dragged it back to my garage and start to restore it and it takes about 2 years. I thought, let me call that lady and see if she is still around.

MB So she’d be 98. Good grief.

JL I call, she says “Hello?” And I said, “Do you want to go for a ride in the car?” and she says, “Oh yeah—but I got to get my hair done,” and I said ok. And then she says to me, “Can I bring the kids?” And I went, “Yeah. Sure. How old are the kids?” Well the kids are 72 and 74. OK. So I get out there and the two kids have got her blindfolded standing in the driveway. I pull in and she’s touching the car and it feels so smooth. And she takes the blindfold off and sees it’s all finished—you know, the chrome’s all done and the upholstery all done and all that. And she starts crying.

MB

And so you go for a ride?

JL She puts the two kids in the back. The 72- and 74-year-olds. We’re driving along and she’s telling stories and the two kids in the back start poking each other, and she just turns around and starts whacking the crap out of them. “I told you kids!” and she’s punching them in the head and the three of them are having the time of their lives laughing.The kids told me that when they were teenagers they were so ashamed that their dad had a 15-year-old car that they would make their dad drop them off on the corner and then they would walk the rest of the way to school so the other kids wouldn’t see them.

MB That’s just a beautiful story.

JL It’s the only car the family ever had. She finally lived to be 104. And I still see the kids, you know. They come around every now and then.

The following two tabs change content below.
  • Bio
  • Latest Posts
My Twitter profileMy Facebook profileMy Instagram profile

E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.
My Twitter profileMy Facebook profileMy Instagram profile

Latest posts by E.J. Smith - Your Survival Guy (see all)

  • Stop America’s Zombie Apocalypse before It Starts - December 1, 2023
  • Survive and Thrive November 2023: A Word or Two about Your Survival Guy’s Money - December 1, 2023
  • Small Government Just Works - December 1, 2023
  • Locking In a Generational Opportunity in Fixed Income - November 30, 2023
  • RIP Charlie Munger: Keeping It Simple Never Goes out of Style - November 30, 2023

If you enjoyed this post, email it to a friend:

  • Email
  • Print
  • Facebook
  • LinkedIn
  • Twitter
  • WhatsApp

Related Posts

Recent Posts from YourSurvivalGuy.com

Stop America’s Zombie Apocalypse before It Starts

Your Survival Guy has unfortunately experienced the discomfort and uncertainty of a prolonged natural gas outage. When gas service went out in much of Newport, RI, back in 2019, it took days to recover, and many people in town faced significant hardship. Your Survival Guy and Gal did just fine, but it was a real-time […]

Survive and Thrive November 2023: A Word or Two about Your Survival Guy’s Money

Dear Survivor, Your Survival Guy wants to share a word or two about my money. For one, I eat my own cooking. I don’t hope for my money to do something for me. I don’t bet on markets. I don’t gamble. I don’t use leverage. I don’t look at prices. I basically look at my […]

Small Government Just Works

You have read a lot on Your Survival Guy about how states that treat residents like customers rather than like piggy banks to withdraw funds from are winning. Your Survival Guy’s 2023 Super States features a group of states that put residents ahead of politicians’ personal agendas by focusing on lower taxes, and smaller government. […]

Locking In a Generational Opportunity in Fixed Income

UPDATE 11.30.23: Have you added fixed income to your portfolio yet? After over a decade of loose monetary policy, some investors have forgotten about the benefits of fixed income in their portfolios. Some younger investors have come into adulthood having never experienced bond yields worth sinking their teeth into. Now they can. Don’t miss a […]

RIP Charlie Munger: Keeping It Simple Never Goes out of Style

You may have read that Charlie Munger, the vice chairman of Berkshire Hathaway, has passed away. Munger was a legend in the world of investing, and was known, as Jason Zweig of The Wall Street Journal explains, “for his straightforward advice to business leaders.” Zweig writes: Business and financial leaders made frequent pilgrimages to Los […]

Explosion in Gun Ownership Creates Difficulties for Progressives

Banning certain forms of gun ownership has become a centerpiece of the progressive political platform. But after radical progressive politicians fomented a crime wave beginning in the summer of 2020, many Americans, even those in left-wing constituencies, began purchasing firearms for protection. The Editorial Board of The Wall Street Journal explains: More than half of […]

It’s California vs. Florida in the Big State Debate

On Thursday, November 30, Fox News and the station’s primetime personality, Sean Hannity, will host a debate between California Governor Gavin Newsom and Florida Governor Ron DeSantis. Isabella Simonetti explains the debate in The Wall Street Journal, writing: They aren’t running against each other. Still, Ron DeSantis and Gavin Newsom will take their fiery feud to Fox News this […]

Shiffrin Brings It Home with World Cup Win at Killington

You have read about the amazing career of competitive skier, Mikaela Shiffrin. Last time she appeared on YourSurvivalGuy.com, she had notched her 87th World Cup win. It was already safe to put Shiffrin in the GOAT category of athletes near Tom Brady, Michael Jordan, and Michael Phelps. No one has ever dominated skiing the way […]

Prepare for Solar Storms in 2024

The sun experiences solar storms in a roughly eleven-year cycle, and according to scientists, that cycle could peak next year. The peak of this cycle, called the “solar maximum,” has the potential to hit the earth with solar storms that can damage satellites and even electronics on the ground. Jonathan Chadwick reports for the Daily […]

Can the Supreme Court Stop Wealth Taxes Before They Start?

You probably haven’t heard of Moore v. United States, a little-known case working its way through the courts that could have major implications for America’s savers and business owners. The case revolves around the government’s power to tax unrealized gains. These are gains on assets that an owner hasn’t locked in yet, and which could […]

Families Can’t Save Enough

American households are the least prepared they’ve been in a decade to cover an unexpected $2,000 expense. That’s a sign that inflation and slow wage growth have hurt the ability of Americans to save. Bloomberg’s Alexandre Tanzi reports: The ability of US households to cover an unexpected $2,000 expense is at the lowest level in […]

Biden’s Inflation Blame Game

First, it was the “Putin price hike,” now Biden is blaming inflation on corporate greed, an old and tired excuse. CNBC reports: President Joe Biden took aim at corporations Monday for charging prices he said were artificially high even though the rate of inflation has slowed and some shipping costs have fallen. “Any corporation that has not brought […]

Are Investors Ready to Pounce?

Investors waiting to pounce? Not buying it. They finally have rates they can sink their teeth into. They’re in no rush to take on more risk. At least, that’s not what they’re telling me. In The Wall Street Journal, Jack Pritcher suggests investors are looking for more risk. He writes: Stocks and bonds have surged […]

Disney Signals Problems with the ESG Agenda

You have read about Disney’s war against Florida Gov. Ron DeSantis and parental rights. Now, it appears that Disney is realizing the error of getting involved in America’s culture wars in order to boost its ESG rankings. Johnathan Turley writes in The Hill: In recent filings, Disney appears to acknowledge that Smith’s invisible hand is […]

Biden Gave Americans 10 Years of Inflation in Only 3

Americans have endured a decade’s worth of inflation during the three years Joe Biden has lived in the White House. Bloomberg’s Reade Pickert and Jennah Haque report on the cost-of-living squeeze Americans are suffering through today, writing: After years of inflation, US consumers are shouldering a burden unlike anything seen in decades — even as […]

And One Bonus Mistake
Money 101

Trending

  • Happy Black Friday
  • Retirement Income: We All Want It, We All...
  • “Inflation Is Killing Me,” He Said, “No It’s…”
  • Investing Habits of the Fairly Wealthy: #3 “Promiseland”
  • The Next Ronald Read? Save Til It Hurts
  • Families Can't Save Enough
  • How Low Can Home Sales Fall?
  • Another Word about Your Survival Guy’s Money: Spending
  • Inflation? Stocks? Breathe In, Breathe Out, Move On
  • Preparing You and a Loved One for Thanksgiving

Must Reads

  • There Is No Miracle More Powerful than This
  • HELLO: “How’s It Going? I Don’t Know Anything”
  • I Meant to Tell You My Recent “Survival Guy” Story
  • Your Survival Guy’s 2022 Super States: #1 New Hampshire
  • What Your Survival Guy Invested in Today
  • Your Survival Guy in Rome 30-Years A.B. (After Babson)
  • INTRUSIVE GOVERNMENT SURVEILLANCE: Does This Make You Feel Safer?
  • Your Survival Guy’s Fishing Stories: From Key West to Newport
  • Your Retirement Life: Adventure Awaits
  • BLACKROCK’S BITCOIN-ESG PARADOX: You Can’t Have It All

Recent Posts

  • Stop America’s Zombie Apocalypse before It Starts
  • Survive and Thrive November 2023: A Word or Two about Your Survival Guy’s Money
  • Small Government Just Works
  • Locking In a Generational Opportunity in Fixed Income
  • RIP Charlie Munger: Keeping It Simple Never Goes out of Style
  • Explosion in Gun Ownership Creates Difficulties for Progressives
  • It’s California vs. Florida in the Big State Debate
  • Shiffrin Brings It Home with World Cup Win at Killington
  • Prepare for Solar Storms in 2024
  • Can the Supreme Court Stop Wealth Taxes Before They Start?
Only if You’re Serious
Only if You’re Serious
Only if You’re Serious
Crazed Hoarding Is not Preparing
How to Save Rainwater Effectively
Your Survival Guy in Paris
Key West Insider Guide
Taking Action Is Hard
Your Survival Guy's Fishing Stories
Financial Independence, Retire Early
Money 101
Pandemic Creates Virtual Panopticon
Emergency Water Storage
Find Freedom in America
Second Amendment
How Can You Save Money for Your Grandchild
Great Reset
See Who's Missing the Boat
Richard  Young Reports
How You Can Save Money for Your Grandchild
Why Fidelity is Number One
The Best States for Survival
You Invest, They Win
Escape the City
Why Vanguard is Too Big for YOU
Island Life

Copyright © 2023 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.