Today is August 31st, and that means September is right around the corner. The next couple months are always my favorite of the year for a number of reasons. First, the weather here in New Jersey starts to cool off, and my Irish skin’s chance of getting horrible sunburn decreases. Second, the MLB season is Continue reading…
How We’re Different.
How We Manage Wealth.
Mullooly Asset Management cannot promise you results. But we can guarantee your financial fortunes will move in lockstep with ours for whatever period of time you elect to trust us with your financial future. This is because we work on a fee-only basis with our clients. We have no interest in selling proprietary products, generating lots of commissions or other means of gaining an “edge” over our client.
And when we make bad investments (which happens periodically), our fee-only approach means we also suffer alongside our clients.
What we won't do is let emotions or panic drive our decisions. We know the daily fluctuations of the markets are what test the best intentions of investors. This is why we invest a great deal of time in studying point and figure charts. These charts (originally designed by Charles Dow in the 1880's), are useful in helping us determine "what's in demand" and "what's in supply." Simple concepts like supply and demand DO work on Wall Street.
As investment advisors, we have a fiduciary obligation to our clients who have committed the growth of their net worth to our care. We take this obligation seriously. We emphasize keeping your costs low: we employ discount brokers and look for cost-efficient ways to invest.
We focus on risk management, on knowing your goals, on measuring your appetite for volatility -- and then matching these with an appropriate mix of investments for you.
There’s a lot of articles and headlines swirling around about how ‘September is historically the worst month of major market indices’. While that might be true, should it really affect how you approach this September? Utilizing historical data is important, but in my opinion, doesn’t necessarily warrant any sort of preemptive actions. The market has Continue reading…
Well, it’s Monday again. We head into the week before Labor Day, and August comes to a surprisingly quick close. With plenty of people getting in one last vacation before kids go back to school, this could potentially be yet another slow week in the market. Here’s what I’ve been reading this morning: ‘One Million Continue reading…