Tag: Financial Security

FEATURE - use this one
Financial Security: The Main Thing of Finance, Part 2

Financial Security: The Main Thing of Finance, Part 2

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Can financial security lead to true prosperity?

In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines picks up where he left off in the last episode about the main thing, financial security, and expands on it to include financial prosperity. He defines prosperity as thriving in life and being successful in various aspects, not just economically, and emphasizes that financial security allows individuals to take risks and meet their priorities. Kirk advises that in the face of financial insecurity, one should revisit their wealth plan and work with a financial advisor. He also stresses the importance of regularly reviewing and adjusting the wealth plan.

Kirk’s key takeaways: 

  • What  is prosperity and its relationship with financial security
  • How determination to make a difference can lead to resilience in the face of obstacles
  • Main traits and behaviors of a wealthy person with prosperity 
  • How to adjust your wealth plan when problems arise, causing financial insecurity
  • And more

Resources:

Connect with Geoff Hakim: 

Connect with Kirk Loury:

About Kirk Loury: 

Kirk provides integration between MCM’s marketing, investment strategies, and implementation. He is also a co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years of experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.

FEATURE - use this one
Financial Security: The Main Thing of Finance, Part 1

Financial Security: The Main Thing of Finance, Part 1

By |

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

What impact does financial security have on your life, and how can you achieve it? 

Well, first we need to define it.

In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines, talks about the main thing, financial security. Kirk explains what financial security means, why it’s important to wealth planning, and highlights that it’s not just about wealth, but the freedom to focus on what’s important in life. He emphasizes the role of planning and self-discipline in achieving financial security and drops a hint of what’s to come in part 2!

Kirk goes over: 

  • Why financial security is “the main thing” and what it means
  • What makes financial security difficult to achieve
  • What successfully obtaining financial security looks like
  • Why discipline and the ability to focus on your plan is the most important part in achieving financial security
  • How to get back on track and win the battle if you become derailed
  • What the pitfalls in focusing on financial security are
  • And more

Resources:

Connect with Geoff Hakim: 

Connect with Kirk Loury:

About Kirk Loury: 

Kirk provides integration between MCM’s marketing, investment strategies, and implementation. He is also a co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years of experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.