What’s your strongest belief about investing? Did you come to that conclusion independently or do you believe it because other people do too? Belief formation is a fascinating topic covered extensively in Yuval Noah Harari’s, “Sapiens“. So much of the world we know today was formed through, what Harari dubs, “shared myths”. Shared myths are… [Read More] Educated Faith vs. Blind Faith
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:
(Initially) I began writing this post when the Dow Jones was down 300 points on January 30, 2018. The previous day (January 29th), the Dow was down 177 points. Through January 30, 2018, the Dow Jones had not seen a 1% drop in 111 days, one of the longest runs in history. I remarked “as… [Read More] Over-Bought and Over-Sold Conditions
In “car speak,” the term “negative equity” exists when you owe more than your car is worth. We all value our own automobiles much higher than a dealer will often take in a trade. But it’s what happens at “trade-in time” that can spell doom for your personal finances. According to Ivan Drury, Edmunds Senior… [Read More] Negative Equity, Saving Money: Create Your Own Personal Recession
As I’m writing this post, the Dow Jones is down 300 points. Yesterday, January 29th, the Dow was down 177 points. Let’s keep this all in perspective. Our friends at Dorsey Wright & Associates remind us the market typically generates a 5% pullback between three and four times a year on average, and the market… [Read More] January 30, 2018 Market Comment
January 2018 is a good time to take a quick minute to recap how things are going. Occasionally it’s smart to make a mental ‘progress report’, so to speak, on where the market is and how people are behaving. The Global Economic Crisis of 2008 is now ten years behind us, yet some investors still… [Read More] It is the Best of Times; it is the Worst of Times
On a recent episode of Hidden Brain, host Shankar Vedantam discusses a book by Alison Gopnik called The Gardener and the Carpenter. Alison uses an analogy between gardeners and carpenters to explain modern approaches to parenting. To summarize: Carpenters have the ability to make their workshops into an ideal creation space. They control many variables:… [Read More] Investors are Like Gardeners, Not Carpenters