• Skip to primary navigation
  • Skip to main content
Mullooly Asset Management, Inc

Mullooly Asset Management

Fiduciary Fee-Only Financial Planner | Investment Advisor in Wall, NJ

  • Services
    • Wealth Management
    • Financial Planning
    • Retirement Planning
    • Investment
    • Estate Planning
  • Our Fees
  • About
  • 732-223-9000
  • Schedule A Meeting

Services

  • Wealth Management
  • Financial Planning
  • Retirement Planning
  • Investment
  • Estate Planning

Quick Links

  • About
  • Our Fees
  • Videos
  • Podcasts
  • Blog

Support

  • Contact
  • Client Login
  • Pay Bill Online
  • Form CRS
  • Our Process
Follow us on Facebook
Follow us on Linkedin
Follow us on Twitter
Watch On Youtube

Let’s talk

What stocks are working now?

January 29, 2007 by Thomas Mullooly

Roughly 70% of all stock mutual funds invest in the exact same 500 stocks. These are the stocks in the S&P 500 Index.

Seven years ago (Jan. 2000), the S&P 500 stood at 1400.  Know where the S&P 500 is today? Go ahead, take a look.  It’s 1422.
The S&P 500 is a “weighted” index – meaning, it is heavily weighted (dominated by) the largest blue chip stocks around.  And for seven years, those large stocks have floundered.
Now, large caps stocks are showing signs of life lately. But the real money has been made (and is still being made) in the small cap area.
In that seven year period, the S&P SMALL CAP 600 is up over 100%
And that doesn’t show any sign of slowing down.

The tools we use don’t predict what’s going to happen in the market.  They only tell us “what’s happening now.” And that’s where we want to have our money – in what’s working now.

Those who practiced “buy and hold” the past seven years haven’t made any progress.  Any many of them will blame “bad luck.” Or maybe a broken mirror.

 

They’re only seven years closer to the day they are going to NEED that money.

 

 

Never miss a post...and we deliver!

newsletter mailman

Get our updates delivered right to your inbox. Sign up today!

Success! Now go and check your email to confirm your subscription.

There was an error submitting your subscription. Please try again.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit

Filed Under: Stock Market Comments Tagged With: buy and hold, S&P 500

About Thomas Mullooly

Thomas Mullooly is owner and founder of Mullooly Asset Management, Inc. In 2002 Tom opened Mullooly Asset Management, a fee-only investment advisory firm. As an investment advisor, and not a broker, Tom works strictly for his clients. With the help of point and figure charting, Tom builds a realistic game plan for clients.

1971 State Route 34, Suite 102
Wall Township, NJ 07719

  • 732-223-9000
732-223-9600
  • support@mullooly.net
  • Services
  • About
  • Our Fees
  • Contact
  • Form CRS
  • Videos
  • Podcasts
  • Blog
  • Client Login
  • Pay Bill Online
  • Our Process

The information on this website and blog do not involve the rendering of personalized investment advice. A professional advisor should be consulted before implementing any of the options presented. None of the content contained in this website should be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.

© 2022 Mullooly Asset Management Inc. All Rights Reserved.

  • Privacy
  • Disclosures and Legal Disclaimers
  • Privacy
  • Disclosures and Legal Disclaimers

© 2022 Mullooly Asset Management Inc. All Rights Reserved.