Being Prepared for the Worst

There’s very little downside to being prepared for the worst. When you begin thinking this way you suddenly realize how many holes you may have in your line of defense. I know my family is busy at work preparing our home. If done correctly you’ll put your family on high ground so to speak. This should help get you on the right track. Daniel Lippman tells you more about preparing your family for natural disaster in The Wall Street Journal.

1. Make a Plan

Create an emergency plan, detailing where you and family members would meet up after a disaster and how you’d stay in touch. Also designate an out-of-state contact whom people can call if they’re unable to get to the meeting spot.

Next, put together a disaster kit and store it in a place all family members can easily access. The disaster kit should include nonperishable food items and water for your family to last 72 hours, a first-aid kit, a flashlight and batteries. Also be sure to keep some cash on hand in case you can’t access a bank or ATM.

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E.J. Smith - Your Survival Guy

Preparing your investments and family for when disaster strikes.

E.J. Smith is the 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. 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, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention. E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart 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@youngresearch.com. Sign up here to receive all the best content from Richardcyoung.com each week.