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The secret to prosperous investing is viewing your finances from a whole perspective- spiritual, intellectual, emotional, physical, and economic. You can no longer blindly invest and hope for a positive outcome. With the proper strategy and by focusing on the overall health of your finances, one can reap all the benefits of investing without experiencing any losses and learn proper economic education, how to protect your assets, and how to nurture your mind.
Nick Yekani has been a leading expert in the financial industry for almost 40 years. He is the founder of Economics and Family Inc, the creator of the “Financial X-Ray” and the host of the most popular radio show in the Persian community. By understanding the human mind, and what motivates clients, Nick provides a well-rounded, holistic approach to financial advising. His unique life experiences allow him to truly understand the value and power of money and financial security.
How did you develop your passion for financial planning?
Nick Yekani: Like many, my story began with hardship. I was living in Iran with my well-to-do family when my father passed away suddenly. His death left our family in chaos, unable to put food on the table. I came to America in search of new opportunities and realized I didn’t even know how to count the change to purchase a burger. At that moment, I vowed that I never want anyone to go through the same loss and hardship my family went through. I want to help people understand and protect their finances and help lead them to prosperity.
What types of services do you offer at Economics and Family Inc?
Nick Yekani: We are a full-service financial advising firm, we focus on helping protected clients assets and then growing their net worth. We offer any financial service an individual could need, all under one roof. We can refer them to a CPA or attorney and we’ve personally vetted each provider we partner with. Investing is a big part of what we do, but I’d always felt there was some level of disconnect. I wanted to create an opportunity for individuals to protect their investments, and benefit from the market without fearing the impending doom of a market crash. At Economics and Family Inc. you can trust that your money is protected by professionals across several industries and that any question you have will be answered.
Benefiting from the market and avoiding the losses seems too good to be true, how do you do it?
Nick Yekani: It all started when I met with Dr. Robert J Shiller. He is a Nobel-Prize-winning economist and has a brilliant mind for investing. I became part of a revolutionary concept offered by a financial institution and insurance company with top supervision, such as Nobel Prize Winner Dr. Robert J. Shiller. Being a part of this concept allows investors of any net worth to protect their principal and enter into an investment. This approach has quite literally changed millions of lives of thousands of people. Currently, we manage millions of dollars for over 10,000 clients around the nation. Shockingly, 2020 was our best year yet. Now more than ever, people are craving security, and even when the pandemic caused businesses around the world to lose down and stocks to drop, all of their investment was completely protected, and no one lost-a-dime.
What do you believe is the secret to successful financial planning?
Nick Yekani: To have a successful financial roadmap it consists of 80% psychology and 20% technique. I seek to understand the inner workings of each of the clients I work with, what drives them, what do they fear? What is their definition of “success?” When we understand one’s psychology, we can equip them with the tools to achieve greatness. Having the right growth mindset and utilizing the law of attraction can be just as important, if not more important than, a strategy.
To learn more about financial planning with Nick Yekani or listen to his radio show, and to gain access to his upcoming webinar, visit www.economics and family.com.