I am head of global investment strategy for Richard C. Young & Co., Ltd. (Naples, Florida and Newport, R.I.). I founded the company, which today is run by my son Matt, to provide investment management services for discerning, conservative, retired and soon-to-be-retired investors. Our company’s focus is on a prudent mix of dividends and interest combined with patience and the profound long-term power of the two most important words in investing, compound interest. I began my investment studies while still a student at Shaker Heights High School in Ohio and completed my initial studies as an investment major (B.S.) at Babson College.
In the early ’60s, I began my investment career with the help of Ed Rosenberg at Clayton Securities in Boston. This was followed by an extended period in institutional research and trading, first with Model Roland and then with Hoenig & Co. In the late ’70s, I founded Young Research & Publishing to publish Young’s World Money Forecast, a 50-page monthly report for institutional investors, corporate financial officers, business owners, and individual international investors.
My focus was on U.S. monetary policy, U.S. economic momentum, world currencies, and gold. Today I continue my research in each of these areas and develop our family investment company’s strategy based on this research.