Your Survival Guy

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“Survival Guy, What’s Your Take on the Dollar?”

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There’s a tremendous amount of concern out there about the future of the dollar. I know this because you tell me in my conversations with you. And that’s why we talk. I want to know your concerns. And believe me, I know today’s concerns are different than yesterday’s. Welcome to current times.

“Survival Guy, what’s your take on the U.S. dollar?” you ask, and I understand why. I get the same “the world is ending” emails you do. But as far as the dollar is concerned, it’s the nicest house in a bad neighborhood. The world’s a scary place today. You can’t even watch the news. And the hucksters are trying to freak you out. It’s all you can do to keep from curling up and staying in bed all day. I get it.

But here’s the deal. One truism about investing with a long-term plan in place (not to be confused with doing nothing and ignoring the opportunities that arise when others are fearful) is, it’s not easy. If it were, everyone would be rich.

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When everyone’s emotions run high, that’s when a plan or a map can help. Because we’re seeing yields we haven’t seen in a generation. And for starters, the Fidelity Treasury Money Market is paying five percent while you do nothing, and if you study the yield curve, you can lock in solid rates for years to come.

But here’s the kicker. Investing is math. It’s not wishful thinking. It’s not hoping for the “market” to go up (even though that’s what most do). That’s dreaming. Math is understanding what interest on interest can do for you. You don’t even need to go to school to witness the miracle of compounding money.

Action Line: Einstein is said to have referred to compounding as the eighth wonder of the world. Run your finger down the table below and understand you can sink your teeth into some juicy rates today. When you’re ready to build a plan based on compounding, let’s talk.

Click to enlarge.

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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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