When I was growing up, every Thanksgiving the teachers in school and relatives at Thanksgiving dinner would ask “what are you thankful for this year?” As a kid, I really didn’t like that question because I never really had a good answer. I was more interested in the...
What is a "dutch uncle?" So much of "financial planning" topics swirl around the idea of saving more money or being savvy with investing. But financial planning discussions rarely get near the elephant in the room: debt management. Or rather, the lack of debt...
I am reading an excellent book titled "Atomic Habits" by James Clear. It is about how little habits can either build into a successful day, or drag your day down the drain. It's interesting to see how a small change here and there (over longer periods of time) can...
As some of you may know, we here at Mullooly Asset Management are BIG TIME Mets fans. Please don’t hold that against us. Year in and year out there is always a handful of things to complain about with the Mets. We’re constantly talking in the office here about the...
We need to change financial planning forever. When I began my career, most financial planning advice swirled around tax avoidance. Planned then shifted in estate planning work. It quickly evolved into retirement planning. A great deal of work these days centers...
Let’s start out with a quick exercise. Think of a pop song that you like to listen to on the radio. It does not matter what era it’s from, or what year it was released, or who sings it. Got it? Okay, good. Without even knowing what the song is, I’ll bet that if you...
A few months back during Mets pregame, Bobby Valentine was interviewed while honoring the recently deceased Rusty Staub. Bobby V said that Rusty was the first person who ever told him; "Nobody cares how much you know, until they know how much you care." Rusty was...
Wouldn't it be great if we could get young professionals and older professionals to actually SPEAK to each other? Perhaps lend a helping hand? What could each generation learn from the other? Younger professionals could show more seasoned professionals how to work...
Over my lifetime, I’ve compiled a nice long list of movies that I deem my favorites (as I’m sure everyone else has as well). One of the movies on the list is ‘Back To The Future’. I particularly enjoy ‘Back To The Future pt. II’ when Biff takes the DeLorean time...
Do I need an estate plan - if I won't have estate taxes to pay? There is quite a difference between estate TAXES and estate PLANS. A lot of folks think, "I'll never have that much dough, so I don't need to worry about that." And there's some truth to that. See, the...
