Tom and Brendan talk about some issues that arise from investing in age-based funds. Big companies like Vanguard, T. Rowe Price, and Fidelity market these funds as an easy way to save up for things like retirement and college. We have some issues with the way that...
In this Mullooly Asset Management video Tom and Brendan discuss 529 accounts. 529 accounts were created so that students, parents, or grandparents could have a way to save money to help counteract the constantly increasing cost of college. There are a handful of...
In this video from Mullooly Asset Management, Tom and Brendan discuss why using your 401k account at work to pay down debt might not be a smart decision. Last week Tom and Brendan started this discussion, and they wanted to carry it over into another week. 401k...
Why You Shouldn't Be Borrowing From Your 401k A basic concept of financial planning is SAVING MONEY. This is pretty simple, but some people don't get it. Taking a loan from your 401k - borrowing money from your 401k account - can be very counterproductive. Try as...
In this week's Mullooly Asset Management video, Tom and Brendan continue to discuss the fundamentals of financial planning. This week's topic is compound interest, something that we all deal with regularly. As often as people deal with compound interest, it does go...
When it comes to financial planning, it is absolutely crucial to save money and have a budget. These two things are the foundation of any sort of financial planning that you can do. You cannot construct a financial plan if you aren't paying yourself first, so SAVE...
Learn about five short term indicators in point and figure charting. These indicators help us determine good entry and exit points from markets.
Last week's Mullooly Asset Management video focused on long term indicators. This week Tom and Brendan move on from the long term to talk about intermediate term indicators. These indicators are the most important indicator for people with their own portfolio or a...
In this video from Mullooly Asset Management Tom and Brendan talk about long term indicators. Long term indicators are a crucial part of point and figure charting. Point and figure charts are used heavily at Mullooly Asset Management because they give good insight on...
Many people have the same question about their retirement withdrawals. That question is, "Will I outlive my money?". The fact of the matter is that most people will take too much money for their retirement withdrawals, and initially do not have enough money saved...
