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“Let Me Tell You About Money Kid”

December 20, 2022 By E.J. Smith - Your Survival Guy

By S_Photo @ Shutterstock.com

“How old are you?” he asked.

“50,” I said.

“Let me tell you about money, kid.”

“I’m 74. Sold my business in ’99. Made out real well. But that’s not the point. The guys were arrogant, didn’t understand New Englanders, and they had to shut it down. They’re a big international player. They’re fine. But their way was no way to run my business, kid.”

Based on the toughness coming through the phone and the Boston accent, he sounded like he’d be right at home on the docks telling his crew what the job was for the day.

“What type of business did you own?”

“The toughest one of ‘em all kid, retailing,” he said. “Where’d you go to school, kid?”

“Babson.”

“I had some good employees from Babson,” he said. “I went to BU.”

“Let me tell you what I miss about Richard Young’s letter. He told it like it was, and he picked stocks every single month. You’re Survive & Thrive thing’s not bad either.”

Action Line: Want to be successful? Invest in yourself. Imagine you’re going to the docks at 5 am every day and get to work.

Originally posted on Your Survival Guy. 

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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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