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Swimming with the Sharks

July 27, 2023 By E.J. Smith - Your Survival Guy

By Fotoaerian @ Shutterstock.com

Your comfort level as an investor should be like your comfort level sharing the water with sharks: somewhere between scared to jump in for fear of “Jaws” or cool as a cucumber like Ocean Ramsey.

Look, our mind plays terrible tricks on us, whether it’s fear of sharks or markets. According to AccuWeather, the odds of getting struck by lightning are 1 in 500,000 versus the odds of being attacked by a shark, which are 1 in 3,750,000. But when you see the movie “Jaws” your mind doesn’t care about odds. Emotions set in, and forget it.

Also, if you’ve ever been on a boat during a lightning storm, you know how unsettling that can be. (Side Note: Your Survival Guy’s boat was struck by lightning. It’s a sensitive topic for me. You can read about that here).

Is Your Family Prepared for the Next Disaster? Click Here to Survive and Thrive

Action Line: Emotions shipwreck portfolios. Work with someone who’s seen it all. I’m here when you’re ready to jump in.

P.S. Read more in Jaws and SHARKTIVITY: Can You Have Too Much Information?

Originally posted on Your Survival Guy. 

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Related Posts

  • SHARKTIVITY: Can You Have Too Much Information?
  • Jaws
  • What Kind of Life Are You Investing For?
  • What’s Your Survival Guy Investing in Right Now?
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E.J. Smith - Your Survival Guy
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 (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

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E.J. Smith - Your Survival Guy
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