This week on the Mullooly Asset Management podcast, Tom and Brendan talk about why knowing what you spend is vital to investing. This is something Tom discusses with clients in financial planning meetings all the time. Tom normally asks them what their monthly number is. Over 75% of clients don’t know what they spend each […]

In this week’s Mullooly Asset Management podcast, Tom and Brendan discuss a question they hear a lot. The question is, “How much money should be in my emergency fund?”. Tom was inspired to talk about financial safety nets this week because of a New York Times article that Barry Ritholtz suggested checking out. The article […]

How much does an investment advisor cost? That’s a pretty good question, and one that we hear often at Mullooly Asset Management. Many people see it as some sort of a big secret. You have probably felt that feeling of intimidation before when shopping for car, buying insurance, or maybe working with somebody who manages […]

Even after last week’s podcast Tom has still been hearing the question, “Should I invest in bonds?”. In this Mullooly Asset Management podcast the topics include that question, some bond basics to remember, and a story Tom wanted to share. First off, Tom wants listeners to understand what buying a bond means. Buying a bond […]

So you’ve been wondering, “How much of my portfolio should be in bonds?”. In this week’s Mullooly Asset Management podcast Tom and Brendan discuss a recent article from the New York Times that relates to that topic. The article’s title is, “For Retirees, a Million-Dollar Illusion”. The main point of the article was that if […]

Pretty much everybody has to deal with college loans at some point in their life. These loans are not easy to pay off and have only grown in size over the years. The cost of college is not coming down any time soon, so how do people continue to pay them off? Tom and Brendan […]

A common misconception many investors have is that they make too much money to contribute to a Roth IRA. This used to be true, but is not anymore. In this week’s Mullooly Asset Management podcast Tom and Brendan discuss how everybody can put money into a Roth IRA. This does not mean everybody can make […]

Tom and Brendan discuss leveraged Exchange Traded Funds in this week’s Mullooly Asset Management podcast. There’s a lot that investors need to understand about leveraged ETFs. The first thing that investors need to know is that these funds are not your average investment. Tom and Brendan get into why that is in the podcast. When […]

In this week’s Mullooly Asset Management podcast Tom and Brendan answer the question, “Why are bonds risky?”. Tom begins by pointing out that Alan Greenspan, Ben Bernanke, and Warren Buffet have all cautioned against bonds recently. Bernanke said (of bonds), “They are among the most dangerous of assets”, as quoted from this post from Forbes. […]

Ever wonder why brokers sell mutual funds? Tom has a story to share about it, and that is the topic of the Mullooly Asset Management podcast this week. Tom is part of the Finance Committee for his local parish. They have a large brokerage firm that manages their investments. The parish’s account is full of […]