by Thomas Mullooly | Nov 26, 2008 | Asset Management
How can so many people be so wrong for so long? It wasn’t all that long ago where we had gas lines, a prime rate that reached 20%, unemployment reaching 12%, and inflation at 13%. All we heard — nearly 30 years ago — the problem was...
by Thomas Mullooly | Nov 19, 2008 | Stock Market Comments
I don’t know which side of the argument you fall on…bailout the automakers, or let them fail. But a very compelling, and well-written editorial was submitted to the New York Times by Mitt Romney. The question has been asked the last few days, “if...
by Thomas Mullooly | Nov 15, 2008 | Asset Management
Don’t worry about “why” your investment is falling. Focus on “what” instead. What is happening now. Don’t worry about “WHY”…everyone is doing that. Gyrating stock prices are getting swung around by deceptive news headlines, faulty...
by Thomas Mullooly | Nov 15, 2008 | Asset Management
Some Mutual Funds have a surprise waiting for you The cost structure of mutual funds is completely out of whack with what investors want. Plus, they re-set their prices once per day, after the market closes. The whole mutual fund industry needs an attitude...
by Thomas Mullooly | Nov 1, 2008 | Asset Management
One of the side stories coming out of the bank bailout has been this: some banks are actually using the money — to buy other banks! My first reaction when seeing this headline, was “why can’t these banks do what we ask them to do?” I did read a...
