A client wrote in and asked, “Do you think the market is due for a correction?” Here was my reply: Short answer: Are we due for a correction? Probably. Longer answer: Let’s start with defining the term “correction.” A correction is usually a 5-10% pull-back in the market. And, as I’ve written lots and lots… [Read More] Time for a Correction in the Market?
We believe that an investor's behavior can seriously impact their market returns. This category page is dedicated to informing our readers of certain behaviors that are known to damage investor's returns over time. We also discuss strategies to avoiding these damaging behaviors.
Reading up on how other people have invested their money has taught me many lessons. There are a few common themes to lifelong investing success that keep popping up. The importance of a holistic financial plan, diversifying your portfolio, keeping costs as low as possible etc… But the one aspect of investing that rings true… [Read More] Practicing Mental Skills
I started working full-time for Mullooly Asset Management a little over 2 years ago. I graduated college with some basic knowledge about the stock market and was eager to learn more as my career started. As they say, the best way to learn anything is by doing it. I want to take some time to reflect… [Read More] Lessons Learned After Two Years in the Business
Game of Thrones is one of the most popular shows on TV. I was a little late to the game, but hopped on the bandwagon in 2016 and haven’t looked back. One of my favorite moments from the show was an exchange between Daenerys Targaryen and Tyrion Lannister. Daenerys describes the ruling families of Westeros by… [Read More] Break the Wheel
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
The results from the first round of the MLB All-Star game voting were released this past week. When people think of an “all-star”, it makes sense to think the best players in the league would earn the right to represent their organization in the game. However, over the last few years, Major League Baseball has… [Read More] The MLB All-Star Game & Investment Choices