This week on the Mullooly Asset Management podcast Tom and Brendan talk about the big differences that exist between investment advisors and brokers. The first step in understanding the differences between the two comes from knowing what a fiduciary is. Tom explains...
This week on the Mullooly Asset Management podcast Tom and Brendan discuss sector-based investing. To begin the discussion Tom had a statistic to share from a study done by Professor Benjamin F. King of the University of Chicago. The statistic showed that 80% of the...
In this week's Mullooly Asset Management podcast Tom and Brendan talk about mutual funds. The focus of the podcast is open-end mutual funds. These are the most recognized type of mutual funds amongst investors, and are certainly more well known than closed-end funds....
On this week's Mullooly Asset Management podcast the topic is annuities. There are three types of annuities that Tom and Brendan discuss in the podcast. The three types are immediate annuities, fixed annuities, and variable annuities. One thing to keep in mind when...
In today's Mullooly Asset Management podcast Tom and Brendan talk about 401k accounts and how they actually have more options than most people are aware of. It seems strange that investors aren't aware of changes happening with 401k accounts, but the information just...
This week on the Mullooly Asset Management podcast Tom and Brendan discuss the new high set yesterday by the Dow Jones Industrial Average. The new high broke the previous record set on October 9, 2007. So what does this mean moving forward? Well it can certainly take...
In this week's Mullooly Asset Management podcast Tom and Brendan discuss a hot topic right now, 1099 forms. 1099 forms are the form required each year to report financial information to the IRS. Most people are used to receiving these forms at the end of January....
This week's Mullooly Asset Management podcast starts off with Tom telling Brendan about something he has heard a lot over the last 25 years. Many prospective clients have told Tom that they, "don't have money in stocks, they own mutual funds!" Little do they know an...
Tom and Brendan have an interesting topic this week for the Mullooly Asset Management podcast. Radio personality Dave Ramsey tweeted something from his account yesterday that stirred up quite a reaction in the financial community. Ramsey's tweet was about retirement...
In this week's Mullooly Asset Management podcast Tom and Brendan discuss target retirement funds and age-based funds. Their discussion begins by discussing why clients nearing retirement typically do not want to deal with the stock market. When clients are going to...
