In his excellent book, Factfulness, Hans Rosling shares a story that highlights a valuable lesson: Before modern medicine, one of the worst imaginable skin diseases was syphilis. The microbe that caused this disgusting sight and unbearable pain had different names in different places. In Russia it was called the Polish disease. In Poland it was… [Read More] The ETF Disease
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Here we cover working with an investment advisor, how to find an investment adviser, what kind of questions to ask an investment adviser or financial advisor. We also cover topics like knowing the differences between stockbrokers (also known as financial consultants, financial advisers) and investment advisers -- differences most individual investors may not know.
We also cover areas like fee-only advisors versus fee-based advisors, and fee-only advisors versus advisers working on commission. We don't trash any business model as wrong, but it's important you know how your adviser gets paid.
If you do not see a topic you would like discussed, feel free to get in touch with Thomas Mullooly and his team at 732-223-9000 or here.
Here are some of our most recent articles:
While much of 2018 has been slow and steady, let’s remember: the Dow Jones Industrial Average slid over ten percent in two weeks, between January 26th and February 8th. Yes, the drops can happen quickly. The old cliche still works: markets usually climb up the staircase, but take the elevator down. It does not change… [Read More] The Dow Jones Industrial Average
People will nod their head in agreement when advisors say things like “Politicians do not control the markets.” But people still believe it! So I’m going to tap lightly on a “third rail” of topics we should probably steer clear from – politics! Over my career, different clients have told me to my face, the… [Read More] Politicians and Your Money
It’s been about a month since I wrote my first post about living with CML, “You’ll Be Alright”. It’s hard for me to write consistently due to a phenomenon known as “chemo brain”. In this last month a lot has changed and at the same time a lot hasn’t changed. Something that hasn’t changed is how… [Read More] Smile On
In the movie A Quiet Place, the story follows the Abbott family. The Abbotts live in a post-apocalyptic world that has been decimated by extraterrestrial creatures who hunt by sound. As we quickly learn in the first few minutes of the film, the family’s survival is dependent upon silence. Anybody who makes even the slightest… [Read More] Negative Space: Why It Always Feels Like the Top
In case you missed it, yesterday Ep. 031 of Living With Money was published. I talked with Christine Benz, Director of Personal Finance at Morningstar. We talked about all things personal finance, and touched on a number of different books/blog posts Christine has written over her career that everybody should check out. You can find… [Read More] Tim’s Top Links – 8/17/18