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Coronavirus Infects Stock Market: Part VIII

March 4, 2020 By E.J. Smith - Your Survival Guy

By Ascannio @ Shutterstock.com

You know about my desire for you to find the shelter and space you deserve. Somewhere away from the hustle and bustle of crowds.

Whether you find that peace of mind in, the burbs, small-town America, a resort, or whatever is your idea of paradise, the key is to remember that, yes, it can be done.

What is my definition of paradise?

Well, a simple back of the napkin question is this:

Can you have your own flagpole? Simple yet meaningful.

As I told you in Part IV of this series, my client won the real estate arbitrage game when he decided to buy his little slice of heaven. Little, that is, if you consider 10-acres little. As you can see in the pics below, it certainly passes my test.

This slideshow requires JavaScript.

OK, then. Peace of mind is important, which is why I want you to think long and hard about your stock portfolio. Are you being paid, in the form of dividends, to be in this market?

Go and run your finger backward along the line below, and you’ll see that the market today isn’t much higher than it was a couple of years ago. If you retired two years ago, that’s a long time to tread water.

I know how good it feels to have money coming in while others are wringing their hands “hoping” and “praying” for stock prices to do something for them.

Don’t waste your time.

Get yourself some dividend religion and pray that the market goes down so you can buy more shares at a cheaper price. Then go shopping for a flagpole.

Read my entire series, Coronavirus Infects Stock Market here.

P.S. Here’s a pic from another client.

Originally posted on Your Survival Guy. 

 

Related Posts

  • Coronavirus Infects Stock Market: Part IV
  • Coronavirus Infects Stock Market: Part V
  • Stock Market Beauty Contest
  • World Class Stock Market Performance
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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, 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 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

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