Mullooly Asset Management

This week the topic of discussion for the Mullooly Asset Management podcast is Roth IRA’s. Tom and Brendan felt the best way to begin this week’s discussion was to talk about traditional IRA’s. Most investors don’t know the differences that exist between traditional and Roth IRA’s. Tom explains that traditional IRA’s became popular around 1981. […]

This week on the Mullooly Asset Management podcast Tom and Brendan talk about the big differences that exist between investment advisors and brokers. The first step in understanding the differences between the two comes from knowing what a fiduciary is. Tom explains to Brendan that a fiduciary is the person who looks after assets on […]

This week on the Mullooly Asset Management podcast Tom and Brendan discuss sector-based investing. To begin the discussion Tom had a statistic to share from a study done by Professor Benjamin F. King of the University of Chicago. The statistic showed that 80% of the risk in investment results comes from getting into the market […]

In this week’s Mullooly Asset Management podcast Tom and Brendan talk about mutual funds. The focus of the podcast is open-end mutual funds. These are the most recognized type of mutual funds amongst investors, and are certainly more well known than closed-end funds. There are three types of open-end funds that Tom and Brendan cover […]

On this week’s Mullooly Asset Management podcast the topic is annuities. There are three types of annuities that Tom and Brendan discuss in the podcast. The three types are immediate annuities, fixed annuities, and variable annuities. One thing to keep in mind when dealing with annuities is that most annuities are sold, not bought. This […]

In today’s Mullooly Asset Management podcast Tom and Brendan talk about 401k accounts and how they actually have more options than most people are aware of. It seems strange that investors aren’t aware of changes happening with 401k accounts, but the information just isn’t reaching them. There has always been a glaring lack of advice […]

This week on the Mullooly Asset Management podcast Tom and Brendan discuss the new high set yesterday by the Dow Jones Industrial Average. The new high broke the previous record set on October 9, 2007. So what does this mean moving forward? Well it can certainly take a long time to get these market tops, […]

In this week’s Mullooly Asset Management podcast Tom and Brendan discuss a hot topic right now, 1099 forms. 1099 forms are the form required each year to report financial information to the IRS. Most people are used to receiving these forms at the end of January. Recently the rules were changed, and they are not […]

This week’s Mullooly Asset Management podcast starts off with Tom telling Brendan about something he has heard a lot over the last 25 years. Many prospective clients have told Tom that they, “don’t have money in stocks, they own mutual funds!” Little do they know an equity mutual fund is just a basket of stocks. […]

Tom and Brendan have an interesting topic this week for the Mullooly Asset Management podcast. Radio personality Dave Ramsey tweeted something from his account yesterday that stirred up quite a reaction in the financial community. Ramsey’s tweet was about retirement planning and said, “Saving only $100 per month from age 25 to age 65 at […]

In this week’s Mullooly Asset Management podcast Tom and Brendan discuss target retirement funds and age-based funds. Their discussion begins by discussing why clients nearing retirement typically do not want to deal with the stock market. When clients are going to retire in the near future, the risk and volatility associated with the stock market […]

This week on the Mullooly Asset Management podcast Tom and Brendan talk about saving money for college. When it comes to saving money for college, we tend to get A LOT of questions about 529 plans here at Mullooly Asset Management. There is a lot of information that you should know about 529 plans before […]

Last week on the Mullooly Asset Management podcast, Tom and Brendan discussed the foundation of financial planning. This is a continuation of that discussion on saving money and your retirement plan. Tom and Brendan talked about taking loans from your 401k account at work in the last podcast. This week they talk about an alternative […]

In this week’s Mullooly Asset Management podcast Tom and Brendan continue talking about the foundation of financial planning. This week the topic they discuss saving money and your retirement plan. Saving money is a lost habit. In a recent Washington Post article (included in this post) it says that one in four people today take […]

On this week’s Mullooly Asset Management podcast Tom and Brendan continue talking about some of the fundamental building blocks of financial planning. Last week they discussed how financial planning really starts with paying yourself first. Having money saved can help your decision making process become a lot better. In that sense, what you do with […]

This week’s Mullooly Asset Management Podcast focuses on some of the building blocks of financial planning. Two very important factors in financial planning are saving and budgets. Tom’s favorite quote about financial planning is pretty simple, in fact it’s only three words. You need to SAVE MORE MONEY! This is the number one thing that […]

In this week’s Mullooly Asset Management podcast Tom and Brendan wrap up their talk about indicators. In previous weeks they have discussed long and intermediate term indicators. Long term indicators are a confirming indicator of where the market will be headed for the long term. Intermediate term indicators are used to tell us if we […]

Tom and Brendan continue their series this week by moving on from last week’s topic of long term indicators. This week’s Mullooly Asset Management podcast focuses on intermediate term indicators. Chances are if you have a 401k account at work or a personal portfolio, that intermediate term indicators apply mostly to you. They allow for […]

In this week’s Mullooly Asset Management podcast Tom and Brendan discuss long term indicators. We use point and figure charting here at Mullooly Asset Management, which gives us a great look at things like mutual funds, stocks, and bonds. We can see positive and negative trends in all of these areas through point and figure […]

In this week’s Mullooly Asset Management podcast Tom and Brendan discuss retirement withdrawals. When retirement withdrawals come up in conversation the number one question clients want to know is, “Will I outlive my money?”. It makes sense that people worry about this type of issue because nobody wants to run out of money in their […]

As you probably know, Mullooly Asset Management uses point and figure charting as a guide to make wise investments. In this week’s podcast Tom and Brendan will discuss the power of the support line. A support line is an important tool in managing money at Mullooly Asset Management. The point and figure charts that Mullooly Asset […]

In this week’s Mullooly Asset Management podcast Tom and Brendan discuss bell curves. Bell curves are something that most of you probably remember learning way back in high school, but this concept can be applied to point & figure charts. Bell curves can supply us with some very useful information when they are applied to […]

In this week’s Mullooly Asset Management podcast Brendan and Tom discuss bullish percent. Bullish percent is part of the “dimmer switch” approach we use at Mullooly Asset Management to define risk and manage money. Tom gets into the history of bullish percent, and explains where and when it originated. Bullish percent is a risk indicator, […]

What do financial advisers do? This is a question that a lot of people probably wonder on a daily basis. In this week’s podcast Tom and Brendan discuss just what a financial adviser does. They will also talk about why most households in the US, with between $100,000 and $500,000 in assets, have not developed […]

This week’s Mullooly Asset Management podcast focuses on the New York State Deferred Compensation plan. Tom Mullooly manages investments for over 300 different individuals who are participants in the New York State Deferred Compensation program, and he knows what some of the most frequent questions about the plan are. Many people are looking to take […]