Have you been sold a mutual fund by a stockbroker? There is probably a reason why this happened, and Tom explains what that reason is in this week's Mullooly Asset Management video. Tom uses a real story to explain why brokers are more inclined to suggest buying...
We have been getting a lot of calls asking: Is the stock market too high? There is an old story how Joe Kennedy knew (back in the 1920's) it was time to get out of stocks when a shoe shine boy gave him stock tips. Nearly a hundred years later, folks are still trying...
Ever wonder why brokers sell mutual funds? Tom has a story to share about it, and that is the topic of the Mullooly Asset Management podcast this week. Tom is part of the Finance Committee for his local parish. They have a large brokerage firm that manages their...
In this informational video from Mullooly Asset Management, Tom and Brendan discuss distributions from mutual funds. More specifically they focus on capital gains in mutual funds, and how they vary. Tom goes over two, in depth examples of scenarios involving capital...
The Retirement Plan Statement Games are on. One of the retirement plans where I have several clients recently changed their statements. Again. This is the second major change in their statement reporting in the past six months. As a result, this set off a tizzy of...
It is astounding how many investors don't know what a fiduciary obligation is. In this video Tom and Brendan talk about fiduciary obligation and what it means. Investment advisers have a fiduciary obligation to their clients. This means that they must exercise...
This week on the Mullooly Asset Management podcast Tom and Brendan talk about the big differences that exist between investment advisors and brokers. The first step in understanding the differences between the two comes from knowing what a fiduciary is. Tom explains...
This video covers the topic of sector-based investing. Too often investors are distracted from what really matters by "hot stock tips" they hear on major news outlets. The reality of the matter is that the bulk of the risk in investments involves market conditions and...
In a somewhat surprising announcement this week, the Carlyle Group announced they were lowering minimums for individuals to invest with them, from $5 million to just $50,000. Not familiar with the Carlyle Group? Carlyle is one of the largest private equity firms...
This week, Japan announced a massive quantitative easing program, mirroring the quantitative easing program currently running here in the United States. The program in Japan is actually significantly larger than many in the market expected. As Barry Ritholtz mentioned...
