E.J. Smith

3128 POSTS
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. 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@youngresearch.com Click here to sign up for my free monthly Survive & Thrive letter.

401(k): 411 or 911?

There’s talk about capping 401(k) savings at $3 million. What’s disturbing is the assumption behind this proposal: that it takes $3 million in savings to generate an annual income of $205,000. That’s a pipe dream. I’m sorry, but to get $205,000 per year, you’re going to need much more money than $3 million. At a 4% draw, $3 million would kick off $120,000 per year. For my money, I wouldn’t recommend socking away a penny under $5,125,000 to guarantee $205,000 a year. But this gives you an inside look at how little attention is paid to prudent money management. It’s called kicking the can down the road.

The Great Money Grab

You don’t want to partner with states. Your hard-earned money is too valuable. When states get in trouble, you—the investing class—are the ones they...

Going Broke!

If you feel like you’re spending too much don’t feel so bad. These guys take it to another level. 15 Ways Professional Athletes Go Broke By...

Record-Breaking Munis

These are the kinds of records you don’t want to break. Illinois is the second state in history to be charged with securities fraud...

It’s Never Too Late for Dividend Religion

It’s never too late to get some dividend religion. Yes the media is all over this record-setting Dow Jones Industrial Average (DJIA). But what...

EIA Forecasts Record Summer Natural Gas Use by 2027

The US Energy Information Administration forecasts natural gas demand...

BEA Reports Modest Acceleration in US GDP Growth for Early 2026

The US Bureau of Economic Analysis (BEA) reported that...

Unit Labor Costs Fall as Productivity Climbs in 2025 Trade Data

US labor productivity in both wholesale and retail trade...

Materials Inflation Adds New Pressure to Housing Market

Rising US housing costs are being driven not only...