It may not always be appropriate to max out your 401k contributions. That's right, Tom and I make the case for not maxing out your 401k contributions on this week's Mullooly Asset Management podcast. Probably not what you were expecting to hear, right? Let me preface...
We've definitely seen an increase in job creation recently. This is generally a good economic sign: more jobs being created means consumers are more willing to spend money, thus stimulating the economy. We haven't seen this lately though, leaving many to wonder what's...
"I'm saving for a down payment on a home." "I'm saving for my child's college education." "I'm saving for retirement." These are three very different goals, yet all have been deemed "saving". Not to get picky, but there's a big difference between saving and investing....
One of the most frequently quoted time periods in finance is the ambiguous "long term". We're all supposed to be long-term investors, and studies show that "over the long term" results will be desirable. This sounds nice, but what is this mythical "long term"? Is...
"Fee-based...fee-only...same thing, right?". We've heard this before, and if it sounds correct to you then the brokerage industry's obfuscation has succeeded. Just last week, Tom and Brendan discussed why you need to ask how your advisor is compensated. With so many...
The SPDR S&P 500 ETF (SPY) began trading in January of 1993. That was the first exchange traded fund, and we've seen quite the evolution since then. Flash forward 22 years and ETFs have become a market fixture. From ETFs we've seen another exchange traded product...
Here at Mullooly Asset Management we use a form of technical analysis called point and figure charting to manage investments. In point and figure, one of the main purposes the chart has it to help us identify trends. Whether we're looking at a stock, index, mutual...
Keeping things in perspective is important. Investors fall victim to cognitive biases sometimes, but we can do our best to avoid that type of behavior. With the strong markets seen in 2012, 2013, and 2014, investors are primed for recency bias to cloud their...
According to many market experts, investors should buy and hold always and forever, right? If you've been told that before you might be surprised to learn that even the S&P 500 changes its holdings every so often. In fact, according to a recent Business Insider...
On this week's Mullooly Asset Management podcast, Tom and Brendan discuss a cognitive bias known as the disposition effect. Cognitive biases such as the disposition effect, loss aversion, confirmation bias, and others can negatively affect investment performance. Tom...
