Gambling and investing are both a drug born on the unpredictability of rewards. Predictable outcomes and rewards for actions are bringers of contentment, but the knowledge of a reward coming at an uncertain time is excitement. Studies with rats and pigeons confirm theories about the obsession of both receiving the reward and the dopamine levels… [Read More] The Thrill of Uncertainty
Anytime there are moves, up or down, in the stock market, people NEED a reason WHY it happened. This time people are pointing to a trade war, or comments made by the President. Some people say it has to do with interest rates. Others say we just needed to cool off after a roughly 30%… [Read More] Tim’s Top Links – 4/11/18
Don’t look now, but the New York Mets are well on their way to a 161-1 season! Just kidding, but this 8-1 start has me excited. Of course, being a Mets fan, I know not to get TOO excited, but a hot start is always fun. Now if only my fantasy team could have gotten… [Read More] Tim’s Top Links – 4/10/18
Hope everybody had a great weekend. How about that finish at The Masters? I have to admit, I was really pulling for Spieth to make that comeback! Really fun day of golf regardless. Now back to work! Here’s what I’ve been reading this morning: ‘Speaking, the Family Business’ – Scott Galloway ‘Is College Worth The… [Read More] Tim’s Top Links – 4/9/18
https://media.blubrry.com/invest/p/content.blubrry.com/invest/Fiduciary_Rule_Dead.mp3Subscribe: Android | RSSIn Ep. 209 of the Mullooly Asset Podcast, Tom talks about the Department of Labor Fiduciary Rule, and if it is going to actually be implemented or not. He also talks about the importance of understanding the fiduciary responsibility your investment advisor SHOULD have when working with your money. Many clients, and… [Read More] Ep. 209: Fiduciary Rule Nearing the End?
For all of the golf fans out there, I hope you’re enjoying The Masters, and I look forward to a great weekend of golf! Jordan Spieth is absolutely unreal, and it blows my mind that we are roughly the same age. They just make it look so easy! Have a great weekend everybody. Here’s what… [Read More] Tim’s Top Links – 4/6/18