Sink Your Teeth into These Bond Yields

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“Red sky in morn, sailors take warn,” goes the saying. On this morning, the sun was as red as a lollipop, the kind that turns your tongue so red you want to show it to whoever’s next to you. Your Survival Guy heard it’s the dust, spun up from the wind, reflecting off the sun. Scientific American says it’s from the Bible (Matthew 16:2-3), attributed to a quote from Jesus.  “When it is evening, ye say, fair weather: for the heaven is red. And in the morning, foul weather today for the heaven is red and lowering.”

• Your Survival Guy’s 4 Ways to YOUR Wealth

NOAA, not Noah of the Ark, has a “small craft advisory in effect,” and my Weather app is showing a “! High Surf Advisory.” The island of Puerto Rico is without power and water too—again, as another hurricane gathers steam on a northern trajectory.

• Why You Can’t Afford to Miss the Boat

According to spaghetti models, this storm will spin out to sea. But when it comes to spaghetti, there always seems to be an errant strand when I spin my fork. I’m reminded by a loved one “to be careful about your shirt.” And even if a spot’s avoided, there is always the risk of an errant strand from one more bite cleaning up the pan. Which brings me to you.

• Your Job as an Investor Is Not What You Think

Even with the best intentions, spaghetti models can still leave you with a mess. There are still plenty of uncertainties, such as: “should we haul the boat out now since we’ll be away this weekend? Should we pull in the Tucci umbrella and leave the others out? Will you go to the grocery store? Have you called your parents? What are they doing?”

• On the Docks at the Newport International Boat Show

“Hey, Dad, how’s it going?”

“Good, just hauled the dinghy. Storm’s coming.”

Great.

In my conversations with you this week, we talked about whether you want to sell your business or not. You tell me about the spaghetti models you’ve seen showing you how long your money will last. “Sounds interesting,” I say. “It takes inflation into account,” you say. “Inflation means different things to different people,” I say.

• Keep Working, if You Can

Growing up in my house, inflation meant fewer dinners out, but I never felt like we were suffering. Inflation predictions are like sitting at your dinner table and being talked to about your future. “There’s this amazing business started by this guy Steve Jobs,” you’re told. When all you can think about is that tonight’s Thursday, and The Cosby Show is on.

• Biden Can’t Deny His High Inflation

Over the last few years, you and I have been told by the so called “experts” to follow the science, invest in bitcoin, and “ESG is the future!” to name a few. And this comes from the left and right sides of the aisle. So called experts aren’t from one political party. When it comes to your money, everyone wants your vote.

• Corporate Borrowers Giving Up on the ESG Market

Action Line: Predictions and models are cheap. Seriously, they are. You can get one online for free right now. See, I told you. What I want you to focus on is today, not tomorrow—the sun’s not coming out anyway. What you can do today with your lazy cash is get its butt off the couch and get it out there doing something with its life. It’s been a while since we’ve seen opportunities like this in fixed income. You can sink your teeth into this. Let’s go.

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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.

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