& Interest

Cash flow is our focus.

Richard C. Young & Co., Ltd., a registered investment advisor, and ranked by Barron’s as one of the top independent advisors in the nation for 2012 & 2013, manages portfolios of greater than $1,500,000 for individuals and families throughout the United States.

“At Richard C. Young & Co., Ltd., we are committed to helping our clients achieve long-term investment success with comfort. We are not traders or speculators, and we do not offer strategies for either. Our primary focus is to invest in securities that pay interest and dividends.”

CLIENT LETTER - March 31, 2014

Is rampant speculation bubbling under the surface of today’s stock market? In February, Facebook announced its purchase of WhatsApp, a company with $20 million in sales that was nonexistent before 2009, for $19 billion in cash and stock. WhatsApp is a mobile messaging platform allowing users to send text messages without having to pay for SMS. If you own an iPhone, Apple’s iMessage program basically does the same thing. Seems like a large sum of money for a company whose product appears to be easily replicated.

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