Interpreting economic indicators has spawned a huge industry in finance. Being able to “read the tea leaves” and forecast which way housing prices (and housing sales) are headed give some the belief they can tell when the economy is tipping over. Well, at least it worked in 2007. But very few listened. The problem with… [Read More] Economic Indicators Send Mixed Messages
Get Investment Advice from Mullooly Asset Management
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:
The Contrast Effect: Making the Same Things Feel Different
The wise Yogi Berra once said that, “Baseball is 90% mental; the other half is physical”. Aside from a Hall of Fame career, Berra is best known for his entertaining “Yogi-isms”. Despite Yogi’s questionable math, baseball is indeed mental. Coincidentally, it was Berra’s teammate who invented one of baseball’s most mental tools. Yogi Berra’s fellow… [Read More] The Contrast Effect: Making the Same Things Feel Different
Earnings Forecasts and You
Earnings forecasts are a risky tool in our bag. There was a story in Bloomberg this morning (January 10, 2019) discussing how “profit forecasts are being cut like it’s 2009” I have a few thoughts on earnings forecasts, and then we will get to where this affects me and you. 1. Companies have to determine… [Read More] Earnings Forecasts and You
Why to Take Notes
In 2018, I tried something new – taking notes while reading. On the front page of my notebook, I kept a running list of the books I read. From there, I wrote down thoughts as I progressed. I organized my thoughts by book and chapter. This process proved to be simple enough that I was… [Read More] Why to Take Notes
It Doesn’t Have To Be This Way
Fear seems to be spreading through the stock market like the stomach bug in a McDonald’s ball pit. Bear market? Recession? Down arrows? Big red numbers? Collapse? These are scary words that trigger strong emotional responses, primarily fear. Money is our HOW. Money is our ability to achieve our dreams. It’s our means to an… [Read More] It Doesn’t Have To Be This Way
Yanking the Steering Wheel
It’s been a long time since I took Drivers Ed – nearly forty years. I remember (back then) having a dream (more like a nightmare), where the Drivers Ed instructor yanks the steering wheel while I was driving. I’m glad it was only a dream. In reality, the instructor gave the steering wheel a tiny… [Read More] Yanking the Steering Wheel