Y H & C Investment Firm
YH & C is a Registered Investment Advisor licensed to manage client money in the State of Nevada.
The firm is owned and operated by Yale Bock. Mr. Bock earned a B.A. in Economics from UC-Irvine, and a MBA from UC-Irvine. In addition, he has earned the right to use the Chartered Financial Analyst designation awarded by the CFA Institute.
Y H & C manages money in a few different account types for a variety of investors. All accounts are managed through Ameritrade at www.ameritradeadvisor.com The trading platform allows Y H & C to invest in individual equities, indexes, exchange traded funds (ETF's), individual mutual funds or fund families, options, fixed income mutual funds, money market funds, and commodities.
Y H & C knows that each client is different as far as what objectives and constraints they have. As a result, Y H & C develops a comprehensive Investment Policy Statement for each entity entrusting capital to us. By developing the Investment Policy Statement based on the individual circumstances of the client, it is our belief that client objectives have a better probability of achievement. Here is an example of an Investment Policy Statement.
Y H & C Investment Policy Statement
Client: Wanda Wealthy. Age 52. Investing goal is to build wealth for retirement in 10-20 years. Indicated she is investing for the long term and will not look at the money for a long period of time. Discretion is with YH& C with respect to individual investments, and minimizing risk. Initially indicated will invest in indexes, then thought about that and told her my skill is investing in individual equities and she could easily invest in indexes without my help so for me to invest her capital I would be investing in individual securities like all other clients-Return Objective: Long Term Capital Appreciation with dividends reinvested. Wanda indicated that the money allocated was for a long term perspective and that there was plenty of discretion and freedom regarding what to invest in, and to do what I thought best.
Risk Constraint- None Specified, use advisors experience to minimize risk and maximize returns.
Time Horizon- Long term time horizon, retirement money to grow in excess of 10-15 years.
Liquidity Issues- Condominium paid for, no immediate liquidity issues.
Regulatory Issues- None
Legal Issues- None
Tax Issues- None
Liabilities- None mentioned
Benchmark S & P 500
Strategy: Initially invest in medium sized companies (mid-cap) growing at 15% on the top line for better than average growth and a small amount of income. Will try to balance those companies with a large cap bank for stable growth and income generation (dividends reinvested).
Last Update- January 22, 2008. Too soon to evaluate portfolio performance.