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Podcast January 9, 2012
Even though, from a financial advisor’s point of view, the Standard & Poor’s 500 Index was essentially flat (up less than one percent) in 2011, we witnessed the most volatility in recent memory. However, the volatility might NOT be coming from the daily news that so many feel are driving the markets. In Bear markets (and we are in a secular bear market in 2012), there is (often) a tremendous increase in volatility. But the strange phenomenon about bear markets is they typically finish where they began. A financial advisor can help you understand this concept. We also spend time in the podcast discussing why Mullooly Asset Management does not make market predictions and why predictions about the economy and predictions about the stock market are usually a waste of time.
We encourage our readers and listeners to our podcast to consult with their investment adviser before making a decision to buy or sell any investment.
And if you are relying on a podcast for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser in the New Jersey or New York area, we encourage you to contact Mullooly Asset Management at 732-223-9000 or through our website.
Under no circumstances should any of the content discussed on this podcast be considered investment advice.
The Mullooly Asset Management Podcast can be found below. The Podcast can also be found on iTunes. Go to the iTunes Store and simply search for “mullooly.” Under no circumstances should the information contained in this blog or podcast be considered investment advice.
Thank you for listening. We welcome your comments and questions.