You read here yesterday about a couple of Your Survival Guy’s conversations through the years with Dick Young. Recently, over Thanksgiving in Key West, we had plenty more to talk about, especially his favorite investment tool, the yield curve.
“Survival Guy,” he said. “There’s a reason the yield curve is my favorite investment tool. In a matter of seconds, I have the lay of the land. No punching in symbols for quotes. The truth is right there in an instant. Remind your clients of that.”
In times like these, when speculation runs rampant, remember the yield curve and the safety of Treasurys. Understand the role bonds play in the corporate capital structure.
Do not be concerned about others making more money faster than you, because that gate swings both ways, and losing hurts a lot more than the joy of winning. Remind your loved ones about the arithmetic of losses.
Action Line: Let’s talk about your bonds when you’re serious. Email me ejsmith@yoursurvivalguy.com
