Who are the beneficiaries on your IRA or retirement account at work? If you cannot answer immediately, you may want to check. Often, employees will name a beneficiary on a retirement account at work when they enroll in the plan. Which may have been twenty years ago. Or you may have named beneficiaries when you opened… [Read More] Beneficiaries: An Important Part of Your Retirement Account
Are you good at saving money? Are you a credit card junkie? We’re learning “saving money” is a skill …and not everyone OWNS that skill. That doesn’t make them bad people. It just makes the potential for their future somewhat …dicey. Now, this post discusses results from a survey of millennials — and how messed… [Read More] the expiration date on the card is…?
Mullooly Asset Management, Inc. is a Registered Investment Advisory firm. We focus on investment management and financial planning for our clients. There is a world of difference between brokers and advisors. Sometimes (it seems) only advisors are aware of these differences. The industry needs to do a better job educating the public about these differences when… [Read More] Comparing Registered Investment Advisors and Brokers
There are many differences between ETF’s and mutual funds. In their purest form, they are both baskets of stocks. But the similarities seem to fade quickly beyond that. We will cover the difference between exchange-traded funds and mutual funds, when it comes to the following areas: Structure Placing Orders Visibility Costs to Own Potential tax… [Read More] Differences Between Mutual Funds and ETF’s
Down on the NJ Shore, we’ve recently learned a new saying, “Thursday is the new Friday.” That’s because we see the traffic backed up in each direction all along Route 35 in Monmouth County now on Thursdays in summer. This used to happen just on Friday afternoons in summer. So, Thursday has become the new… [Read More] 5% is the new 20%
Mullooly Asset Show: Episode 47 – The Quincy Jones ETF Transcript Tom Mullooly: Believe it or not, there are still some investors out there who have never heard of exchange traded funds. In Episode 47, we’re going to take a deep dive. Welcome to the Mullooly Asset Show. I’m your host, Tom Mullooly, and… [Read More] Mullooly Asset Show: Episode 47 – The Quincy Jones ETF