Financial video library

Do you know if your advisor has your best interest in mind at all times? If your advisor is a fiduciary, you can be certain that they do. In this video, Tom explains how not every advisor is a fiduciary, and why it's so important to make sure you're working with one....

In 2010, Warren Buffett told shareholders why they pay such a "steep price" to keep so much money in the bank. Having cash on hand gives him the ability to sleep well at night. In this video, Tom explains why 11 years later that is STILL good advice. Especially...

There are a number of ways to define financial planning. Plenty of "financial planners" do things differently. In this week's video, Tom describes a number of different approaches to financial planning, and outlines how we do things here at Mullooly Asset Management....

In the wake of Bernie Madoff's death, Tom answers a very important question EVERY investor should ask their advisor: "How do I know you're not the next Bernie Madoff?" The distinction comes down to one KEY word: custody. https://www.youtube.com/embed/7nU1_2EOHPY "How...

Deciding when to claim Social Security is a BIG decision for folks. Taking the emotions out of the equation, it's important to know the facts and the math behind this decision. Claiming too early could cost you money in the long run. In this week's video, Tom walks...

Is it really possible to owe $800k in taxes on $45k of profits? The answer, sadly, is yes. In this video, Tom explains how one individual got himself into a tax nightmare by day trading his account on margin and not understanding the wash sale rule. Check out this...

The real estate market has been HOT lately, especially here in Monmouth County, NJ. But is homeownership for everyone? We break down some pros and cons in this week's video. https://www.youtube.com/embed/fTnOGna2GEY Show Notes 'Is Homeownership for Everyone?' -...

With the tax filing deadline right around the corner, we discuss the difference between marginal and effective tax rates in this week's video. It's important to understand the distinction because most people don't pay as high of a percentage in taxes as they think!...

The technology sector has been remarkably strong from the bottom of the market last March, until now. The last few weeks have seen technology stocks and funds sell off slightly. What's going on? In this episode, Tom explains why the technology sector has been cooling...

There are a few economic environments where gold "should" do well. Over the last 6 months, we've experienced ALL of them at once, and gold has done nothing. What's going on? In this week's video, Tim gives his take. https://www.youtube.com/embed/v-pIYRZImjY Show Notes...

Over the last two days, the Chairman of the Federal Reserve Jay Powell gave a testimony in front of Congress about the state of the economy. He discussed worries about inflation and other factors concerning Americans at the moment. In this week's video, Tom gives 10...

The media writes headlines that are made to get your attention. In our latest episode, Tom gives two examples of how a headline can give readers the wrong impression. Don't let a headline scare you into doing the wrong thing! https://www.youtube.com/embed/z8_Oybtwv14...

Even when things are going well, the markets and the financial media always find something to worry about. In this video, Tom addresses the inflation concerns that seem to be creeping back up in the media, and why it's not a concern for you....

The frenzy surrounding GameStop seems to be winding down here this week, but we wanted to have one more conversation about it before moving on. In this week's video, Tom explains why this example of emotionally-charged short squeezing in GameStop is another good...

After the market madness of GameStop and other stocks this week, we talk about short selling in this week's video. It's important to understand the basics of what is going on. Don't forget to SUBSCRIBE to our YouTube channel as well!...

Making "all-in" or "all-out" decisions in the market hardly ever works. In this episode, Tom explains why most long-term investors would benefit more from a 70/30 stock/bond allocation. https://www.youtube.com/embed/Xpj0kjCw1QU All-In / All-Out Doesn't Work -...

A phrase we've adopted here in the office is "Semper Gumby". It's taken from the popular US Marine Corps motto "Semper Fi" that means 'always faithful', but in this case it means 'always flexible'. We don't know what the world and the market is going to throw at us...

In Ep. 227 of the Mullooly Asset Show, Tom gives viewers a strong message for 2021: focus on what you can control financially. There is PLENTY that goes on each day out of our control, but we can control a few VERY important things in our own financial lives. Show...

This week, Tom addresses the 2021 market projections you'll see over the next few weeks. If 2020 taught us anything, it's that NOBODY knows what will happen in the next year. These projections are purely entertainment, and should NOT be taken seriously. Show Notes...

In this week's episode, Tom stresses the importance of a firm financial foundation. That starts with knowing your monthly numbers. If you don't know how to figure out your numbers, we can help you! ? A Firm Financial Foundation - Transcript Tom Mullooly: In episode...