Financial video library
Get the latest resources on money topics that matter.
A Message to Struggling Friends or Family Members
In Ep. 211 of the Mullooly Asset Show, Tom has a strong message to any friends or family members you may have that are struggling financially. Filing bankruptcy is NOT a life sentence. In fact, it can help turn your financial life around and become a long-term...
Retirement Money vs. Home Equity
In Ep. 210 of the Mullooly Asset Show, Tom talks about the different options available besides taking a taxable distribution from your retirement plan at work. Home equity is STILL a viable option for a lot of people, despite what some may think following the SALT...
Why ‘Good Enough’ Can Avoid Catastrophe
In Ep. 209 of the Mullooly Asset Show, Tim explains why diversification can help investors get 'good enough' and avoid catastrophe. Loading your entire account into individual stocks and sectors that are hot at the moment is a dangerous game. Even the best...
The Difficulties of Day Trading
In Ep. 208 of the Mullooly Asset Show, Tim outlines a few of the reasons why day trading stocks is so difficult. Hardly anyone ever day trades their way to a happy, successful retirement nest egg. Find out why in this week's video! ? Show Notes 'Why You Should Not...
The Price for Safety
In Ep. 207 of the Mullooly Asset Show, Tom talks about the new price for safety. With interest rates are practically zero, it's becoming increasingly difficult to find any traditionally "safe" investments that yield much of anything. ? Show Notes 'Money Funds Waive...
Reexamining Your Risk Appetite
If the market volatility in March/April freaked you out, now might be a good time to revisit how much risk you're taking in your portfolio. If you're waiting for things to "get back to normal", we have bad news for you. Find out what it is in this week's episode! ?...
3 Documents Everyone Over 18 MUST Own
When it comes to getting your financial estate in order, there are 3 documents everyone over the age of 18 MUST own. In Ep. 204 of the Mullooly Asset Show, Tom breaks down what those documents are, and why they are so important. ? Show Notes 'What Happens if You Pass...
Roth Conversion: Is 2020 the Year?
Is 2020 the year for a Roth conversion? If you're income is lower than expected, it could seem like an ideal year to do one. However, in Ep. 203 of the Mullooly Asset Show, Tom walks through a few other factors you may not have considered. They need to be taken...
Keeping Your Cool When Markets are Hot
In this week's video, Tom talks about staying cool while markets are volatile. He recalls a few conversations back in March where folks wanted to completely jump out of the market, and how those decisions could have cost them over $100,000. Working with a trusted...
Should You Take Money From Your 401(k)?
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...
An Important Message for Future Retirees
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...
Should Banks Use Stock Dividends?
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?...
Are Dividend-Focused Sectors Safe?
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 – Episode 197
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...
One Reason Why Dividends Matter
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...
Not All Stocks That Crash Come Back
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...
What Happens in Bankruptcy
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...
The Math Behind Market Declines
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 -...
Credit Cards and COVID-19
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...
What Did Warren Buffett Actually Say?
In Ep. 191 of the Mullooly Asset Show, Tom talks about the annual Berkshire Hathaway meeting and comments made by Warren Buffett. A lot is being made about his comments, but what do they actually mean for every day long-term investors? It sometimes gets forgotten...