New
business offers investment help
BY:
Laura Hagan
David Yungkau
said he was supposed to be a doctor.
After five years of medical school, however, he decided he wanted
to work with stocks and bonds.
His business, National Securities, works with high-yield bonds for
large corporations, but also helps individuals with their investments.
National Securities has recently moved into Owen County.
Yungkau opened his office here on Sept. 1, after he and his wife
moved into a home on Gratz Road.
“I love it here,” he said.
Yungkau has done work in northern Kentucky and New York and said
he heard about Owen County after some friends in northern Kentucky
bought a small farm down here.
“I came down and was overwhelmed by the people and the way
of life here,” he said.
After that, it took him three days to find the house and horse farm
he now owns.
The work National Securities does is all out of the city, Yungkau
said. He said most trades are a million dollars or more, and the
company only deals with wired money, not cash.
He said he also helps people on an individual level, for example,
he tells them what’s best to do when it comes to their retirement
money.
But from 9 a.m. to 4 p.m., he watches the market. He said he has
10 screens in his office that show news, prices, calculations and
other stock market information.
The office is located next to North Park Pharmacy and is open from
9 a.m. to 4 p.m. on Monday through Friday. He will stay after 4
p.m. though, he said, to meet with anyone that would like to. The
number for National Securities is 484-1275.
While Yungkau hasn’t done any business in the county yet,
he said he is happy with his move here.
“It’s a great place to live,” he said. “There’s
a better quality of life down here.”
|
