Yesterday the Dow Jones Industrial Average celebrated its 119th birthday! Charles Dow and Edward Jones created the index, and it was first calculated on May 26, 1896. While the Dow Jones Industrial Average is certainly the most discussed US market index, you may be...
A topic we can't seem to discuss enough here at Mullooly Asset Management is relative strength. Relative strength refers to the momentum factor. As John Lewis, CMT of Dorsey Wright Money Management described in a recent whitepaper: "Relative Strength (momentum)...
At Mullooly Asset Management, we help a lot of individuals manage their retirement accounts at work. The type of retirement account doesn't matter (401k, 403b, or 457), we advise individuals on how to allocate their retirement savings within these plans. Sometimes, we...
Our portfolio management strategy at Mullooly Asset Management has two main parts: point and figure charting and relative strength. Relative strength is also referred to by academics as the momentum factor. To put it plainly, relative strength (or momentum) is...
Time is said to be our most valuable asset, so if you're behind on saving for retirement, just work longer! Sounds simple enough, right? While this theoretically seems like a great solution, it isn't so easy in the real world. Nobody likes to hear this, but the best...
It's been said that, "A goal without a plan is just a wish". This applies to personal finance, as well as many other aspects of life. Most people wish that they could stop worrying about their finances so much, but they have no plan to achieve that goal. When it comes...
Here at Mullooly Asset Management, we help a lot of individuals manage their retirement accounts at work. In doing so, we've taken a look at countless 401k's, 457's and 403b's. Within many of these employer sponsored plans, a Roth option is offered. I've noticed some...
If you've looked into buying life insurance before, there's a good chance you've heard the adage, "Buy term and invest the difference". We do not sell insurance at Mullooly Asset Management or hold ourselves out to be insurance experts. However, we do help our clients...
On this week's podcast Tim and I discuss why we're incapable of telling people what age they'll be able to retire at. This might be disappointing to hear, but it's the truth. We aren't able to predict what age you'll be able to retire at or how much money you'll need...
At Mullooly Asset Management, one of the foundations of our strategy is point and figure charting. Point and figure charting is a type of technical anaylsis that tracks security prices through columns of X's and O's. People successfully use other types of technical...
