There are many differences between ETF’s and mutual funds. In their purest form, they are both baskets of stocks. But the similarities seem to fade quickly beyond that. We will cover the difference between exchange-traded funds and mutual funds, when it comes to the following areas: Structure Placing Orders Visibility Costs to Own Potential tax… [Read More] Differences Between Mutual Funds and ETF’s
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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:
There needs to be a discovery period between advisor and prospective client. It should be conducted almost as an interview. Both advisor and prospective client NEED to find out if the relationship will be a good match. Each situation will be different, but here are a few essential questions every prospective client should ask their… [Read More] Questions to Ask Before Working With a Financial Advisor
Down on the NJ Shore, we’ve recently learned a new saying, “Thursday is the new Friday.” That’s because we see the traffic backed up in each direction all along Route 35 in Monmouth County now on Thursdays in summer. This used to happen just on Friday afternoons in summer. So, Thursday has become the new… [Read More] 5% is the new 20%
When trying to identify competitive advantages in life, we often look at the issue straight on. For example, we could outsmart our peers, be more creative than them, have better information, or just get luckier. All are possible, but may not be feasible or within our control. A different way to approach the issue is… [Read More] Go Where Nobody Else Will
One of my favorite scenes from the movie “Bull Durham” happens right in the first few minutes. After knocking out the prized bonus-baby pitcher with a punch, Crash (Kevin Costner) says, “I’m Crash Davis, your new catcher. And you just got lesson number one: don’t think. It can only hurt the ball club.” Learning the… [Read More] Don’t Think, It May Only Hurt Your Performance
The fiduciary rule is partially in place as of June 9th. The most important thing this rule has done for the investing world is it has woken the public up to how important it is to work with a fiduciary adviser. What does being a fiduciary even mean? Well it means that you have to… [Read More] Fiduciary Rule Has Led to an Awakening