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This Chart Belongs on Your Fridge and More…

September 22, 2021 By E.J. Smith - Your Survival Guy

Have markets all gone mad? Take a look at this chart. It shows you how many stocks in the S&P 500 are trading at more than ten times sales. It’s a shocking display and may go down as the poster child chart for today’s madness. This chart needs to go on your fridge.

Speaking of your fridge, how’s your lazy cash doing? Is it eating all your leftovers, drinking your milk, and not doing the dishes? Hey, I get it. We all have cash that’s lazy, and sometimes it needs a little tough love. But be warned, there’re plenty of scoundrels out there looking to “take the pressure off of you,” and promising you greener pastures. Don’t let “easy” separate you from the cash you love.

What am I talking about today? You guessed it, life insurance and annuities, the financial equivalent of a “promised land,” that leaves a lot to be desired. Your Survival Guy knows the snakes who slither in this corner of the market. They’re pros. They know the system. And if you’re not on your game, it’s easy to be hypnotized by them.

Action Line: Your lazy cash may frustrate you at times. But you still love it. You would hate for anything bad to happen to it. But be careful, because it’s in times like these when easy money disappears in a blink of an eye. Don’t let that be you. We should probably talk.

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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