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Get the latest resources on money topics that matter.
Beware of Student Loan Scams
In Ep. 155 of the Mullooly Asset Show, Tom sheds some light on the potential scams out there with these student debt relief programs. There are a few warning signs to look out for when researching some of these companies, and we spell it out for you in this episode!...
Simple is Better
In Ep. 154 of the Mullooly Asset Show, Tom talks about whether you’re upgrading your internet speeds or getting the “latest and greatest” investment product, keeping it simple is probably the better choice. Sure, all the bells and whistles seem nice, but it also…
Reading Headlines Can Lead to Mistakes
In Ep. 153 of the Mullooly Asset Show, Tom talks about how searching for reasons why the market moves up and down each day can lead to misleading headlines in the media. Every time you visit a financial website you’ll find articles saying how one thing is good…
4 Ways to Stay Out of Bankruptcy Court
In Ep. 152 of the Mullooly Asset Show, Tom talks about some pieces of advice from a bankruptcy court judge. The judge outlined four ways for people to stay OUT of bankruptcy court. If you don’t want to end up in bankruptcy court…
5 Mistakes Retirees Make
In Ep. 151 of the Mullooly Asset Show, Tom talks about some important mistakes that retirees seem to be making. Whether it is investing too conservatively, or overspending their retirement budget on unplanned things, these five points are things to avoid in retirement.
When Safe Deposit Boxes Aren’t So Safe
? Show Notes 'Don't Put Your Valuables in the Bank' - Bloomberg 'Safe Deposit Boxes Aren't Safe' - The New York Times When Safe Deposit Boxes Aren't So Safe - Transcript Tom Mullooly: In episode number 150 we’re going to talk about when a safe deposit box isn’t so...
A Few Notes on the Student Loan Discussion
In Ep. 149 of the Mullooly Asset Show, Tom talks about the student loan crisis. There's a few important points to consider BEFORE entering into these loans, both from the student's perspective AND the parent's perspective as well. ? Show Notes 'Parents are Largely to...
What Should We Make For Dinner? Reservations
In Ep. 148 of the Mullooly Asset Show, Tom talks about how to help your waistline AND your budget. The average American spends over $3,400 a year eating out instead of making food at home. This is hurting not only your budget but most likely your diet as well. ?...
Bobby Bonilla and Compound Interest
In Ep. 147 of the Mullooly Asset Show, Tom tells the tale of Bobby Bonilla and his contract deferment with the New York Mets. It's a perfect example of the powers of how compound interest can work for you (Bonilla) AND against you (the Mets). ? Show Notes 'Bobby...
Should Capital Gains be Tied to Inflation?
In Ep. 146 of the Mullooly Asset Show, Tom talks about capital gains taxes and what it would mean to tie them to inflation. It would certainly change the amount of taxes that people would have to pay, but is it a good idea? Find out more in the video! ? Show Notes...
Egg Noodles and Ketchup
In Ep. 145 of the Mullooly Asset Show, Tom talks about "egg noodles and ketchup" from the movie Goodfellas, and how in 2019 it's essentially impossible to pull a fast one on the IRS. Things have changed drastically over the last few decades, and today everything is...
Fee-Only vs. Fee-Based
In Ep. 144 of the Mullooly Asset Show, Tom talks about the difference between fee-only and fee-based advisors. Although the names sound very similar, they couldn't be more different! ? Show Notes 'Fee-Only vs. Commission Financial Advisor: How They're Different' -...
Would You Get These Money Questions Right?
In Ep. 143 of the Mullooly Asset Show, Tom asks six money questions that a majority of college students got wrong. Some of the questions were a bit tricky, but can YOU answer all of them before Tom gives the answer? ? Show Notes 'More Than Half of College Students...
What’s the Difference Between 401(k)’s and Roth 401(k)’s?
In Ep. 142 of the Mullooly Asset Show, Tom talks about the differences between Roth 401(k)'s and traditional 401(k)'s. There's one key element that separates the two! ? Show Notes 'Wow, Did We Get a Lot of Questions About the Roth 401(k)?' - The Wall Street Journal...
How Advisors Help Investors in Different Life Phases
? Show Notes 'The Three Phases of an Investor's Life' - Josh Brown - The Reformed Broker How Advisors Help Investors in Different Life Phases - Transcript Tim Mullooly: In episode 141 we're going to talk about the three phases of an investor's life. Stick around....
New Improvements from TD Ameritrade
In Ep. 140 of the Mullooly Asset Show, Tom talks about some great new technological changes at TD Ameritrade. Using the Advisor Client app, clients can log in, view their accounts, and even deposit money right into their account by taking a picture of the check! ?...
Estates Should Have ONE Executor
In Ep. 139 of the Mullooly Asset Show, Tom talks about a few things that have been going on in the office the last few weeks. We talk about the importance of having ONE executor on an estate, updating beneficiaries, and knowing your numbers for retirement. ? Estates...
Why Aren’t People Going on Vacation?
In Ep. 138 of the Mullooly Asset Show, Tom talks about a few articles that outline why there's been a decline in people planning vacations this year. Some people use their tax refunds to fund their vacations, and with smaller refunds can't afford it. Others have...
How Would a New Jersey Fiduciary Rule Affect You?
In Ep. 137 of the Mullooly Asset Show, Tom talks about a new piece of legislation in New Jersey that would impose a fiduciary standard of care for all broker-dealers, agents, investment advisors, and investment advisor representatives. What does this mean for you? ...
What Would You Do With a $5,000 Bonus?
In Ep. 136 of the Mullooly Asset Show, Tim talks about a recent CNBC article that outlines how people say they'd spend a $5,000 bonus. However, the reality is people often don't do what they say they will. Tim outlines the importance of prudently utilizing a bonus...
