When people think of the world of investing and the world of music, there are very few comparisons that come to mind. How can stocks and bonds resemble a bass line or guitar riff? Can an epic drum solo be compared to a new, hot IPO? It’s safe to say those comparisons would be a 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.
I’ll be publishing a new blog post later this afternoon. Keep an eye out! Here’s to a happy, safe weekend for everybody reading this! Here’s what I’ve been reading this morning: ‘RIA’s Smile More Than Brokers’ – Josh Brown – The Reformed Broker ‘Hedge Fund Managers Struggle to Master Their Miserable New World’ – Saijel Continue reading…
Well, they’re over. The Presidential debates have come and gone. The only thing left is getting out to the voting booth and casting your ballot. Whoever you choose to vote for, please just get out and vote. As we saw in the Brexit vote not too long ago, these votes ACTUALLY DO COUNT. Here’s what Continue reading…