In our morning research meeting today we discussed bull markets and how long they typically run for. A book that discusses this topic in-depth is Unexpected Returns by Ed Easterling. In this week's video, Tom shares a brief history lesson on bull and bear markets. In...
How familiar are you with bank loan funds? Maybe you've heard of floating rate funds? For the record, most bank loan funds are floating rate funds. They're becoming popular due to the interest rate environment we're experiencing. Many people feel interest rates will...
For many investors today, their 401k account, pension plan, or IRA is the largest financial investment they have. Something that often goes overlooked is the beneficiary form of these retirement accounts. Tom is here to explain why neglecting to fill out, update, or...
Last week we discussed the cost basis of inherited stock on the Mullooly Asset Management video. If you missed it, check it out here: https://mullooly.net/cost-basis-inherited-stock/7538 That video led to a very good question from one of our viewers. Their question...
A lot of investors don't know what their cost basis is when they inherit stock from someone who's passed away. Tom put together a short video explaining the answer to this question. When somebody passes away with stock in their portfolio, the first thing that needs to...
We've had a lot of people ask us if they can make an account "payable on death". "Payable on Death" (or POD accounts) accounts are offered by banks. When the account's owner passes away, the intended recipient can walk into the bank with their death certificate and...
We recently had a client get in touch with us here at Mullooly Asset. They had an IRA elsewhere that "wasn't doing anything" and wanted us to begin managing it for them. So we reviewed their account and found out more regarding their situation. This individual left a...
What are your options when you inherit an IRA from somebody who wasn't your spouse? This is a great question and one that we help clients with on a regular basis. There are a handful of options available in this situation. This specific type of IRA is fittingly...
A lot of investors who have been sold annuities believe that it doesn't matter what happens in the market because they've been guaranteed a specific rate of return. When it comes to the guarantees of most deferred annuities there are a couple of things you should keep...
Recently there's a been a lot of curiosity about the strong second quarter turned in by the bond market. Tom discusses two theories that may explain the bond market's second quarter. These are, of course, just theories because nobody ever discloses their personal...
