MCM Wealth Podcast: Plan, Invest and Progress
Welcome to MCM Wealth’s podcast where we help individual investors and business owners find investment solutions for their wealth planning needs. We do this by thinking and investing differently, and we specialize in developing customized portfolio solutions with increasing after-tax returns through all market conditions, including recessions. Join us for this educational journey designed to arm you with the information you’ll need to meet the challenges of an uncertain future.
Behavioral Investing and Financial Decisions
Kirk Loury, a portfolio and wealth strategist, delves into the realm of behavioral investing. This field examines how cognitive biases, or the way our brains process thoughts, influence our financial decisions and investing behavior.
Loury introduces key behavioral biases, starting with loss aversion, which is the tendency for the fear of losing money to have a greater impact on decisions than the prospect of gaining. This often leads investors to hold onto losing investments for too long, hoping for recovery, or to sell too early. Other crucial biases include confirmation bias, where individuals seek information...
Understanding Investment Risk
The podcast episode explores investment risk, emphasizing a view based on probabilities rather than just harm or danger. Key concepts discussed include market risk, unsystematic risk, inflation risk, interest rate risk, liquidity risk, and concentration risk.
Measuring risk involves understanding standard deviation (volatility) and managing downside risk. The discussion differentiates between risk tolerance (influenced by personal circumstances and time horizon) and risk capacity (financial ability to withstand losses).
Diversification, both across individual assets and asset classes, is presented as a way to mitigate risk, though over-diversification can be inefficient. Common investor mistakes include...
The Art of Balancing Risk and Reward in Investing
Ever wondered how risk can transform into success? Maybe you’ve been dodging risk, thinking it’s synonymous with danger. But is that the whole story when it comes to investing?
Join MCM Wealth’s strategic advisor Kirk Loury as he flips the script on investment risk. Dive into an eye-opening discussion on how understanding investment risk can pave the way to more informed decisions. Kirk redefines risk by focusing on managed probabilities, offering valuable insights into investment strategies that account for various risk factors.
Kirk discusses:
The true nature of investment risk and its conn...How to Protect Your Portfolio from Wealth Leaks
Welcome to today’s episode, where we dive into the insidious world of wealth leaks—the small, often unnoticed financial drains that can snowball into significant setbacks over time.
Kirk Loury, Portfolio and Wealth Strategist at MCM Wealth will help you uncover the hidden culprits behind these leaks. From taxes and investment fees to overspending and inflation, Kirk guides us through the layers of risks that threaten even the healthiest portfolios, and explores practical strategies to plug these leaks and keep your financial goals on track!
Kirk discusses:
Identifying and understanding financial leaks [00:01:14] How seemin...Diversifying Your Investments with the Core Satellite Approach
What makes a solid investment strategy?
Kirk Loury, Portfolio and Wealth Strategist at MCM Wealth unravels the complexities of the core satellite portfolio structure. Discover how this approach balances risk and growth by blending a stable core with dynamic satellite investments for long-term success.
Kirk discusses:
The basic principles of the core satellite portfolio structure The importance of distinguishing short, mid, and long-term portfolios Why the core holds stable assets like S&P 500 Index funds Examples of satellite investments, including cryptocurrency and emerging markets And moreConnect with Kirk Loury:
MCM...Understanding ESG and Passion Investing
What does ESG mean for your investments?
Kirk Loury, Portfolio and Wealth Strategist at MCM Wealth explores the world of ESG (Environmental, Social, Governance) investing. Discover the buzz around these new investment trends and why the conversation is more relevant today than ever
Kirk discusses:
The evolution of ESG and passion investing How ESG differs from traditional investing Key environmental, social, and governance factors considered in ESG investing The potential benefits and challenges of ESG investing And moreConnect with Kirk Loury:
MCM Wealth Advisable Wealth Engines LinkedIn: Kirk Loury kirk@m...Understanding Long-Term Care
What does it mean to prepare for the future?
Kirk Lowry from MCM Wealth explores the intricacies of long-term care. He digs into crucial discussions about risk management and preparation, guiding you on how wise decisions today can shape a better tomorrow.
Kirk discusses:
Different types of long-term care services and the varying intensity levels of care needed The sandwich generation’s responsibilities and how they navigate caregiving roles Funding long-term care, essential legal documents, and the importance of family discussions Common misconceptions and the actual role of government programs in long-term care planning And...Navigating the New Age of Digital Asset Management
What kind of digital legacy will you leave behind? How will your beneficiary or executor gain access to your digital legacy after you pass away?
In this episode, portfolio and wealth strategist at MCM Wealth, Kirk Lowry, dives into the complexities of digital assets, from preserving cherished family photos to securing cryptocurrency for future generations. Tune in to learn why digital assets hold value beyond money and how to protect them, ensuring your digital footprint lives on as part of your legacy.
Kirk discusses:
The nature and value of digital assets, from family photos to...Understanding Business Valuations: Why Every Company Needs Them with Max Friar and David Coit
Why is getting a business valuation crucial for your company’s future? Most often, business owners overestimate the value of their company. Knowing the actual value can significantly affect their ability to retire and the lifestyle they’ll lead.
In this episode, Max Friar, Managing Partner at Calder Capital, discusses the intricacies of business valuation with David Coit, Director of Finance and Valuation at Vertess Healthcare Advisors LLC. They explain why understanding the true value of your business is essential not just for potential sales, but for strategic planning, estate planning, and navigating partnership disputes. David and Max...
Due Diligence in Investment Management With Bob Hoyt and Soren Peterson
It takes due diligence to ensure your investments are as protected as possible.
In this episode, Bob Hoyt, President and Investment Committee Chairman at MCM Wealth, and Soren Peterson, AMP 1 Research Analyst, dive into the intricacies of due diligence and its critical role in constructing robust investment portfolios. They explain how the MCM Wealth team conducts thorough due diligence, what factors they consider, and how they mitigate risks to enhance the profitability and stability of investments.
Bob and Soren discuss:
Understanding the concept of due diligence with real-world analogies How MCM Wealth uses due d...Make Your Worry List Work For You with Kirk Loury
Have you ever wondered how your worries could actually work to your advantage? In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines talks about transforming your worry list into a tool for financial and personal growth. In this episode, you’ll learn the psychology behind worry, how to …
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5 Ways To Control Your Wealth with Kirk Loury
Are you struggling to take control of your finances? In this episode of MCM Wealth, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines talks about the top five things you can do to control your wealth. Learn about the BREAD approach – budgeting, understanding investment roles, educating yourself, engaging …
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Finding Fulfillment Beyond the Business With Charis Santillie
Did you know that a significant number of business owners experience a sense of guilt in retirement? Charis Santillie, a renowned Fulfillment and Life Transition Coach, explores the journey towards finding lasting fulfillment during major life changes, particularly focusing on business owners transitioning towards retirement or a new career. Charis dives into the importance of …
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The Art of the Deal: Finding the Right Buyer & Understanding Your Business’s Value With Bradley Smith
Are you prepared to navigate the complexities of an unsolicited buyout offer? In this episode, Bradley Smith, Managing Director and Partner of VERTESS, dives deep into the intriguing world of business sales and acquisitions and covers nuanced strategies that could ensure your business fetches its utmost value when receiving buyout offers. Brad explores how to …
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Planning for Succession & Exit Strategies with Kirk Loury
How can a carefully planned succession pave the way for a successful business transition? Today on the MCM Wealth Podcast, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines talks about the importance of succession and exit planning for business owners, highlighting the key differences and the main objectives, providing …
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From Listing to Closing: How to Sell Your Business Efficiently With Max Friar
Every business owner needs to exit their business eventually. So, what does that process look like, and how can it be carried out efficiently? Today on MCM Wealth, Max Friar, Managing Partner at Calder Capital, LLC, discusses the intricacies of selling a business. Max goes into the strategies of creating a market for business sales, …
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Exit Strategies For Your Business With MCM Wealth
Are you planning to sell your business, but don’t know where to start? MCM Wealth can help! In this episode, Geoff Hakim, CEO of MCM Wealth, discusses the challenges business owners face when planning to sell their companies. He details MCM Wealth’s comprehensive exit strategy program, which includes a team of specialty partners to guide …
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Forecasting Follies with Kirk Loury
Can we accurately predict the future? Today, we’re going to learn about forecasting follies. In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines talks about the importance and limitations of forecasting. He highlights the unpredictability of certain factors and the dangers of forecasters making declarative statements with …
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Financial Security: The Main Thing of Finance, Part 2
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 …
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Financial Security: The Main Thing of Finance, Part 1
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 …
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How To Prepare For Next Year With Kirk Loury
2023 is coming to an end and 2024 is right around the corner! How can we prepare ourselves, our financial plans and our investment portfolios for the upcoming year? In this episode, Kirk Loury, Portfolio Strategist at MCM and Managing Member of Advisable Wealth Enginges, talks about the various documents we need to review in …
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A Guide To Selling Your Business with Jim Cascino
What does the process of selling your business look like? In this episode, Jim Casino, founder and CEO of C-Suite Advisors talks about the process of selling a business and the importance of having realistic expectations. He discusses the need for clean financials and why every business owner needs to assemble a strong advisory team …
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Preparing for Changes in Estate Tax Laws with Jerry Vanderzanden, CLU, ChFC
Are you prepared for the ticking time bomb of estate tax laws? In this episode, Jerry Vanderzanden, CLU, ChFC, delves into his expertise in insurance planning and discusses how insurance specialists can contribute to advanced planning areas such as estate planning. He shares his advice on how investors can prepare for the upcoming changes in …
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Second Opinions: The Key to Financial Confidence with Robert Hoyt and Kirk Loury
Do financial markets and daily news headlines make you anxious? Do you think your portfolio and investments may be off-track? It’s time to get a second opinion! In this episode, Robert Hoyt, Ph.D., Principal and President of MCM Wealth, and Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines, discuss …
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The Benefits and Risks of Artificial Intelligence in Investing with Kirk Loury
The rise of artificial intelligence (AI) has disrupted many industries. But what role does it play in the world of finance? Can AI revolutionize investing? In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines explores AI’s origins and advancement, its application in daily life, and the potential …
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Direct Indexing: Unlock Customization and Efficiency in Your Portfolio with Kirk Loury
Indexing can be complicated, but using direct and passive indexing strategies can help you achieve your financial goals. In this episode, Kirk Loury, Portfolio Strategist at MCM and managing member of Advisable Wealth Engines, talks about direct indexing. He goes over the concept of indexing, the advantages of index investing, and the role of technology …
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Building Portfolios That Work with Robert Hoyt, Ph.D.
Are you tired of struggling to build a portfolio that actually works for your investment needs? In this episode, Robert Hoyt, Ph.D., Principal and President of MCM Wealth, talks about building investment portfolios that work. He shares how his diverse experience in the financial industry and as a psychologist has had an impact on how …
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Time Horizon Investing & Portfolio Construction with Kirk Loury
What is time horizon investing and how can you implement it when constructing your investment portfolio? In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines talks about what it means to have an investment time horizon and how to construct the portfolio. Kirk discusses: What is time …
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The Importance of Investment Volatility with Kirk Loury
Are you ready to learn about investment volatility and why volatility is so important to investing? In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines talks about investment volatility and its importance. He breaks down what volatility is, how it’s measured, and why it isn’t necessarily a …
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Active Vs. Passive Investing with Michael Green, CFA
Are you curious about the impact of passive investing on the market and the importance of active management? In this episode, Michael Green, Portfolio Manager, and Chief Strategist at Simplify Asset Management, explains the difference between active and passive investing and talks about the potential risks of the increasingly passive investment market. He also talks …
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Introducing MCM Wealth’s Principal Owners: Geoff Hakim and Bob Hoyt
Did you know that the average person spends more time planning their vacation than they do planning for retirement? That’s why it’s important to have financial advisors who can help you understand your investment options and create a solid plan for your future. In this episode, Geoff Hakim and Robert Hoyt introduce themselves as MCM …
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Market Volatility with Rick Kennedy, DDS
From fillings to fluctuations, Rick Kennedy’s investment journey through the foggy markets of real estate and beyond comes to light in this inaugural episode. Hear how MCM Wealth helped him weather the storm and gain peace of mind in today’s volatile market. Listen as Rick shares: What led him to a career in dentistry How …
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