Financial video library

In Ep. 176 of the Mullooly Asset Show, Tom shares some statistics from Investopedia about the average 401(k) balance by age.  How does your 401(k) stack up to the averages?  But more importantly, does it matter how you're doing versus the average? ? Show Notes 'What's...

In Ep. 175 of the Mullooly Asset Show, Tom explains why credit card reward programs are not as rewarding as you might think.  Getting another credit card just because they offer points is usually a bad idea. ? Credit Card Rewards are Not Very Rewarding - Transcript...

In Ep. 174 of the Mullooly Asset Show, Tom gives a great example of the power of compound interest and patience when it comes to your investments.  Making 10% means very different things when you have $20,000 or $200,000. ? The Power of Patience - Transcript Tom...

In Ep. 173 of the Mullooly Asset Show, Tim shares a few important financial planning tips to check off your list as we move into 2020!  Financial plans are never set in stone, and it's important to review what's happened over the last year. ? Show Notes 'A Year-End...

In Ep. 172 of the Mullooly Asset Show, Tom talks about why it's so easy for people to fall in love with individual stocks' stories.  Clinging onto stocks with "good stories" is also a good way to eventually getting burned by stocks.  Tom uses a few examples in this...

In Ep. 171 of the Mullooly Asset Show, Tom talks about a recent survey that showed a large number of people who think they are paying "nothing" for their investments.  That could not be further from the truth, and investment fees are very important to understand. ?...

When it comes to life insurance policies, does a will supersede a beneficiary?  This is a question we deal with a lot here in the office, so tune in to Ep. 170 of the Mullooly Asset Show to find out the answer! ? Show Notes 'Your Life Insurance Beneficiary Determines...

In Ep. 169 of the Mullooly Asset Show, Tom clears up some commonly heard myths about Social Security.  Social Security can be a confusing topic for many people, so be sure to tune in to this week's episode! ? Social Security Myths - Transcript Tom Mullooly: Hey. We're...

In Ep. 168 of the Mullooly Asset Show, Tom talks about some very costly mistakes that people make when going through a divorce.  Going through a divorce is hard enough, don't make it more difficult by making easy-to-avoid financial mistakes! ? Show Notes 'Divorce,...

In Ep. 167 of the Mullooly Asset Show, Tom addresses the new rumors of Charles Schwab purchasing TD Ameritrade, and what brokerage firms merging should mean to the end client.  It's a person-to-person business, and your relationship with your advisor shouldn't change!...

In Ep. 166 of the Mullooly Asset Show, Tom shares 10 scary retirement statistics from a Think Advisor post, and talks about why these stats are so scary for people in or nearing retirement.  If you're closing in on retirement, listen up! ? Show Notes '10 Scariest...

In Ep. 165 of the Mullooly Asset Show, Tom looks at the differences between HELOCs and personal loans, the merits of using each of them, and the underlying problem behind using these types of loans. ? Show Notes 'HELOCs are So 2007, Americans Aren't Using Homes as...

In Ep. 164 of the Mullooly Asset Show, Tom talks about why it's important to stay positive and not beat yourself up about your finances.  If you have a financial plan, save for retirement, and do the right things each month - you're better off than most people out...

In Ep. 163 of the Mullooly Asset Show, Tom explains the important difference between 12-month rolling returns, and year-to-date returns.  In a market environment like what we've had through the last 2 years, knowing how to measure your returns is especially important....

In Ep. 162 of the Mullooly Asset Show, Tom talks about how interest rates have fallen pretty much across the board: except with credit cards!  Here's why it's important to get your financial house in order NOW! ? Show Notes 'Interest Rates are Falling - But Your...

In Ep. 160 of the Mullooly Asset Show, Tom talks about the disaster that is the WeWork initial public offering (IPO).  He warns the viewers of a few lesson to be learned here, and how the approach more hot IPO's that will come in the future. ? Show Notes 'WeWork Still...

In Ep. 159 of the Mullooly Asset Show, Tom talks about headlines in the financial media.  Often times the headlines of folks who "saved $100,000 in 2 years" aren't entirely true, and are just designed to make you feel bad about your own savings and buy into whatever...

In Ep. 158 of the Mullooly Asset Show, Tom talks about the term 'per stirpes' and what it means to you.  When it comes to beneficiaries and estate planning, every little detail matters! ? What Does Per Stirpes Mean? - Transcript Tom Mullooly: In episode 158 we're...

In Ep. 157 of the Mullooly Asset Show Tom shares a handful of very useful questions to ask an advisor when you begin working with them.  Hopefully these questions get answered in the initial meeting or two, but if not - don't be afraid to ask! ?? 'The Most Important...

In Ep. 156 of the Mullooly Asset Show, Tom tells the viewers how to find a good accountant, and also how to make the MOST out of your current accountant! ? Show Notes 'How to Get Tax Breaks When You Support Your Parents' - MarketWatch How to Find a Good Accountant -...