E.J. Smith

Newport

Editor-in-Chief at Young Research & Publishing, Inc.

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Articles

Your Retirement Life: How Was the Trip?

4 days ago | youngresearch.com | E.J. Smith

In my conversations with you, I love to hear about how you’re livin’. In a recent email exchange, you wrote, “I hope your summer has started off well and you have had time to convert some gas into wakes already! We have a big offshore trip coming up and I cannot wait!”How was the trip? A big success. “We ran 115 miles off the west of Florida. Fished in 180-200ft of water and it treated us very well. Glassy seas and great friends make for a great trip.
Achieving Balance in an Uncertain World

5 days ago | youngresearch.com | E.J. Smith

You know that the United States has bombed Iran, and markets are reacting to the potential for war and disruptions to the supply of oil coming out of the Persian Gulf. In times of economic and geopolitical turmoil, it’s not bad to reassess your tolerance for risk and your portfolio allocation. Are you willing to ride a lot of volatility? Or maybe you want to own assets with a more stable history.
Oil Shock? Not So Much

5 days ago | youngresearch.com | E.J. Smith

Iran’s parliament has voted unanimously to close the Strait of Hormuz, a choke point in the Persian Gulf through which more than a quarter of seaborne traded oil and around one-fifth of the global LNG trade passed in 2023. Of the crude oil that passes through the strait, about 83% goes to Asian countries, with the top destinations including China, India, Japan, and South Korea.
Richard C. Young’s Intelligence Report from Feb. 1987

1 week ago | youngresearch.com | E.J. Smith

You may recall a couple of months ago, Your Survival Guy was close to being caught in the tariff battle with Canada because our house project involves Canadian-made Loewen windows and doors (excellent). Fortunately for us, we dodged a bullet. The reason I’m telling you this is because we’ve been living down the street in my in-laws’, Dick and Debbie Young’s guest house. My routine is to work on my posts early in the a.m. from the main house, where I talk regularly with Dick about investing.
Letchworth: Are You Living Your Best Retirement Life?

1 week ago | youngresearch.com | E.J. Smith

Your Survival Guy loves it when you email me from the road, living your best retirement life. Take, for example, last week when you emailed from the road on the homeward leg of a van trip to meet up in Indiana with about 19 other vans at a rally. “We are currently at Letchworth State Park in New York. Incredible place on the Genesee River. Been on the road since May 31 and will be back on the 13th. Will give you a call when we get back.” -PL Action Line: I want to hear about your retirement life.
Are You Familiar with the EF and Arithmetic?

1 week ago | youngresearch.com | E.J. Smith

Are you familiar with the Efficient Frontier (EF) and the arithmetic of losses? As I wrote to you yesterday, over the weekend, I had the pleasure of studying a classic issue of Richard C. Young’s Intelligence Report. Your Survival Guy and Gal were at my parents’ house in Mattapoisett, MA, staying in their guest room, and as I was thumbing through a book, out fell the issue from August 2015. I put it aside to read in the morning.
A Classic Issue from Richard C. Young’s Intelligence Report

1 week ago | youngresearch.com | E.J. Smith

Over the weekend, Your Survival guy re-read Richard C. Young’s Intelligence Report from August of 2015. In this classic issue, he explained how the NASDAQ declined by more than 20% four times so far this century. You can add another to the list from 2022. And that’s not counting some fierce volatility in years when the NASDAQ ended up for the year. For evidence, need we look beyond this past April? How many friends and family asked you what you were doing with your money?
Is Private Capital Appropriate for 401(k)s?

2 weeks ago | youngresearch.com | E.J. Smith

Your Survival Guy has been warning that private equity is the next big thing coming for you. Private equity wants to harvest the retail investor via access to their 401(k)s. The editorial board of Bloomberg makes the case against private equity in 401(k)s, writing:Why now? The latest push to tap 401(k)s comes at a time when many private funds are struggling to exit their investments.
Epic Man Cave with Car Elevator in Utah

2 weeks ago | youngresearch.com | E.J. Smith

A long-time client just finished building a seasonal home in Utah, complete with a car elevator into his man cave. Enjoy!Silver / Coral Red 1958 Porsche Speedster manufactured by Intermeccanica International Inc. of Vancouver, Canada, with a custom flat-four boxer engine. (14 yrs)Red / Tan 1986 Porsche 930, aka “Widow Maker” with custom flat-six boxer Turbo engine. (39 yrs)Silver-Grey / Coral Red, 1972 DeTomaso Pantera w/ Ford Coyote Aluminator V8 engine.
Graduating from Work to Retirement Special Bonus: God Only Knows

2 weeks ago | youngresearch.com | E.J. Smith

OK, here’s the deal. For some of you, even a large swath of you—my client base—the reality of school was this: It wasn’t for you. Sure, you showed up, but you weren’t really into school. You were into cars, music, and friends. Which brings me to my Special Bonus: When it comes to graduating from work to retirement, like school, you’re just not too into retiring. You like what you do, and therefore, you will never really retire. To your dismay my father-in-law Dick Young no longer writes Richard C.