Your Survival Guy was speaking with my father-in-law, Dick Young, this morning, about gold. “I’ve owned my gold coins since 1971, and have never sold any of them,” he said. As you can see below, that’s turned out to be a winner.
We then talked a bit about Fidelity Investments, his experience calling on them when he was working in Boston, and my four years working there after graduating from Babson. “I wouldn’t trade that experience for anything,” I said. Family-owned Fidelity continues to set the industry bar as far as I’m concerned. Well-run businesses have a knack for compounding good decisions.
Changing gears a bit, when you look at how high real estate prices are in Newport, RI, it’s hard to believe how far they’ve come since Your Survival Guy and Gal bought our little cottage in the Point neighborhood in 1998. You would choke on your lobster roll if you saw the Zestimate today. And this was in a neighborhood you wouldn’t dare venture into back in the day.
Action Line: In my conversations with you, you tell me about your investments through the years and how well many of them have turned out. Sometimes just being in the game, getting in front of it, is all it takes. Let’s talk about where you’ve been and where you’re going with your investments. Email me at ejsmith@yoursurvivalguy.com. And click here to subscribe to my free monthly Survive & Thrive letter.
Originally posted on Your Survival Guy.
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