When people think of the world of investing and the world of music, there are very few comparisons that come to mind. How can stocks and bonds resemble a bass line or guitar riff? Can an epic drum solo be compared to a new, hot IPO? It’s safe to say those comparisons would be a… [Read More] Making the Band: Investing Edition
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:
My brother showed me this question and answer from Tony Horton’s Instagram account the other day. Tim, Casey, and I love doing Horton’s P90x workouts, but whether you like them or not there’s an underlying message here: stop believing there’s a quick and easy way to achieve your goals, face reality, and start putting in the… [Read More] Sabotaging Investment Myths
“What could go wrong here?” is a very powerful question to ask periodically. Aetna announces a $200 million loss from Obamacare. They forgot about Dental When I started at EF Hutton back in 1983, people told me not to take a job there. “They don’t offer dental” I was told. Can you imagine turning down… [Read More] What could go wrong here?
“If we compared average rainfall in the month preceding and the month following the performance of the Hopi rain dance, we would find more rain in the period after. The dance is not performed unless there is a drought(…). Nevertheless, this ’slump-ending’ effect may help to account for the tenacity of belief in the effectiveness… [Read More] Fire the Manager!
1:26 – Why do some advisers have account minimums? Here is the transcription for this video
1:21 – I bought this mutual fund because the manager had a good track record. Is this a good enough reason to stick with it? Click here for the transcription of this video