If you just look around you it is easy to see that people around the world are experiencing something which has not happened since the 1930s, and with all the disappointments and uncertainties which 2008 brought, it is not surprising that people are buying US government obligations which pay negative interest just to be sure that they get their money back. 

Achieving financial security is always an important objective, but the present circumstances make it imperative and provide real motivation. Our next guest is Donald H. Young, author of the book “You Can Do It – An Easy Step by Step Guide to Financial Security” This book makes it possible to focus on the key elements involved in achieving financial security at a time when even more can be accomplished than is normally the case, particularly from an investment standpoint. 

About Donald H. Young:

I was born in Washington, DC, and I grew up in Arlington, Virginia. I graduated from Cornell University Phi Beta Kappa with a Bachelor of Arts degree in economics with honors and from the Harvard Business School with a Master of Business Administration degree and a concentration in finance.  

I have been married to my wife, Karen, for more than 40 years, and we have two sons, a daughter-in-law, and two grandchildren. 

My career in the institutional investment business, which began in 1964, spanned more than 40 years. Institutional investment management involves the management of pension and profit-sharing portfolios for both businesses and public institutions. This type of investment management is different from retail investment management, which refers to portfolio management for individual investors.  

When I retired from the investment management business at the end of 2006, I was Chairman of Invesco’s Global Structured Products Group, which manages portfolios for institutional investors. The Group, which I started in 1982, managed twenty-three billion dollars for more than three hundred clients worldwide with a staff of fifty-five people.  

I have learned a lot over my career, and my purpose in writing this book is to give back some of what I have learned in a way which will be helpful to many people in achieving what they define as an appropriate level of financial security.

Over the years, I have observed that, in general, most people I talk to are not happy with the level of overall financial security which they have achieved. Knowing what you are doing and having as much financial security as you can create are the cornerstones of a successful life and make it possible for you to achieve as much of your dreams as you can.