Under the CARES Act, folks can take early withdrawals in 2020 from their 401(k) plan at work with incurring the usual 10% early withdrawal penalty. But just because you CAN, doesn't necessarily mean you SHOULD. In this episode, Tom walks through PROS and...
In Ep. 200 of the Mullooly Asset Show, Tom has an important message for all future retirees out there. If you plan on retiring at some point in the future: LISTEN UP! Retirement isn't something you plan overnight. You need to start planning today, but make sure...
In Ep. 199 of the Mullooly Asset Show, Tom explains why stock dividends might be a good idea for bank stocks during an economic downturn. He explains how they work and the benefits they offer both the company and the shareholders. ? Should Banks Use Stock Dividends?...
Investors often flock to sectors of the market that pay dividends because they're seen as "safer" parts of the equity market. Are they really? In Ep. 198, Tom breaks down a few popular dividend-focused sectors and the risks involved. ? Are Dividend-Focused Sectors...
Living Off of Stock Dividends - Summary In Ep. 197 of the Mullooly Asset Show, Tom sheds light on the risks involved with living off of stock dividends - solely - for retirement income. Tom walks viewers through a pretty telling example of what can happen when a...
In Ep. 196 of the Mullooly Asset Show, Tom talks about stock dividends. When it comes to investing, there is one main reason why dividends are important. Two words: TOTAL RETURN. It's important to keep track of your own personal investments with total return, and...
In Ep. 195 of the Mullooly Asset Show, Tom explains how dangerous speculating on stocks that have crashed can be. Not all stocks that crash make it back to their previous levels. Some go away for good! He talks about the activity going on at Robinhood with some...
In Ep. 194 of the Mullooly Asset Show, Tom explains the different types of bankruptcy. How come companies can be "in bankruptcy", but still be operating normally? What's the difference between Chapter 7 and Chapter 11 bankruptcy? Find out in this video! ? What...
In this week's episode, Tom walks viewers through the math behind making your money back after a market decline. If you lose 35%, then gain back 30%, you should only be down 5% - right? Not quite. Find out why in this video! ? The Math Behind Market Declines -...
In Ep. 192 of the Mullooly Asset Show, Tim talks about managing your credit cards during the COVID-19 crisis. Now more than ever it's important to keep a close eye on your credit card debt. Some credit card companies have begun reducing lines of credit for...
