? 1:52 - Should I sell my stocks to cover expenses from an emergency room visit? 4:39 - Financial shocks 6:28 - Tax on the poor Here is the transcription for this video.
Mullooly Asset Show Episode 11
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The Goals of An Advisor
The Goals of An Advisor: there are only a few goals ALL advisors should have. They may seem simple, but they are not.
Favored for the Series, but Not Each Game
Yesterday on my drive home, I listened to Mike Francesa on 660 WFAN. I'm a big fan of his and tuning into the show has become somewhat of a ritual for me. One guy called in and asked Mike a question regarding the odds Vegas put on the 2015 Stanley Cup Finals. His...
What The Martian Can Teach You About Investing
I was a little late to the game, but better late than never, right? I just finished reading Andy Weir's The Martian. This science fiction novel was recently made into a movie, starring Matt Damon, that will debut in October. If you haven't seen a commercial yet, check...
Fixing the Holes in Your Financial Ship
Imagine that you and your family are about to take a cruise to the Caribbean. You'll be stopping in St. Lucia, Grenada, and St. Vincent and the Grenadines. You're excited for what should be an excellent trip, but upon boarding you find out that the ship is taking on...
Financial Goals or Financial Systems?
I read an excellent post by Morgan Housel recently that discussed financial goals and financial systems. We all have goals. They might be physical (like losing some weight by summertime), academic (like a achieving a specific grade this semester), or financial (like...
Work for Longer or Save More Aggressively?
Time is said to be our most valuable asset, so if you're behind on saving for retirement, just work longer! Sounds simple enough, right? While this theoretically seems like a great solution, it isn't so easy in the real world. Nobody likes to hear this, but the best...
Would You Be a Profitable Company?
I read a post today on the CFA Institute's website written by William C.G. Ortel. William asks the question, "Have you made a profit on your life?". I think this is an interesting way to think about spending and saving habits. We all allow ourselves to get so consumed...
Not Having a Plan Means Not Knowing Yourself
It's been said that, "A goal without a plan is just a wish". This applies to personal finance, as well as many other aspects of life. Most people wish that they could stop worrying about their finances so much, but they have no plan to achieve that goal. When it comes...
Term Life Insurance vs. Whole Life Insurance
If you've looked into buying life insurance before, there's a good chance you've heard the adage, "Buy term and invest the difference". We do not sell insurance at Mullooly Asset Management or hold ourselves out to be insurance experts. However, we do help our clients...
