Your Survival Guy

Preparing your investments and family for when disaster strikes.

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New! November Rage Gauge™ LAST CALL Before the Election

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Your November Rage Gauge™ is in, and it’s at a record high, but you don’t need me to tell you that—just look around you. This week you learned Social Security’s cost of living adjustment will average about twenty bucks a month next year. You remember a time when a crisp twenty-dollar bill meant something to you.

It meant I had to cut my neighbor’s lawn twice or scoop ice cream for five hours. Today you’re looked at as old-fashioned when presenting one for payment—as if cash is an inconvenience. “Just Venmo me.” What could possibly go wrong with the digitalization of the dollar?

What could go wrong when the Fed destroys your dollars with a few keystrokes while you’re sleeping? Where’s the accountability? If we can’t end the Fed, then how can this possibly end well?

It’s in times like these you need to make sure you protect what you’ve made. Separating you from your money is so much easier when you don’t even know they’re doing it. So what are you to do? What is your action plan?

First and foremost, consider working longer and if you’re retired, consider downsizing and cashing in on your home (don’t worry, the kids will visit). Understand your money is your “Revolutionary army,” holding the line against a tyrannical government that doesn’t realize the harm it’s doing (or does it?).

Consolidate your assets at Fidelity and understand what you own if you’re at Vanguard. By no means do I want you in the Jabba the Hut of funds as I’m growing more uneasy even about a list of others you know as household names.

Sources: MarketWatch, Your Survival Guy, Vanguard

There was a time when you’d talk to your broker on a rotary phone. Commissions were high. But today, you can do it online for free to have a little fun. Buying stocks should not be fun. It’s monotonous, borderline b-o-r-i-n-g work. But when it begins to compound, then yes, it becomes F-U-N.

Action Line: The next three weeks will impact the next few years like no other. Take a few minutes to understand what you own and to consider if it belongs in your portfolio. Do one thing to beat inertia and put yourself on the path of action. Make sure your money is working for you and not just singing the song.

Action Line II: Vote for America’s Job Creator, Donald Trump. He’ll put more $20s in your wallet, plain and simple.

Donald Trump’s policies pushed unemployment to multi-decade lows before the China-virus hit.

Source: Young Research & Publishing and Your Survival Guy.

Remember: Trump Boat Parade Turns Rhode Island RED

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Action Line III: Spread the word.

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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 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.