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...
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 account is very counterproductive. While not growing your retirement savings at all, you are also depleting it. You also have...
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,...
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...
In this video from Mullooly Asset Management Tom and Brendan talk about short term indicators. Short term indicators let us know what will likely be happening in the market in the coming days and weeks. Their importance to investing is basically showing us when it is...
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...
