Do you know the four ways to get distributions from a mutual fund? Tom and Brendan start off this week’s Mullooly Asset Management podcast by talking about them. The four ways include income, dividends from holdings, short term capital gains, and long term capital gains. Short term capital gains are when you have held the […]

This week the topic of discussion for the Mullooly Asset Management podcast is Roth IRA’s. Tom and Brendan felt the best way to begin this week’s discussion was to talk about traditional IRA’s. Most investors don’t know the differences that exist between traditional and Roth IRA’s. Tom explains that traditional IRA’s became popular around 1981. […]

This week on the Mullooly Asset Management podcast Tom and Brendan talk about the big differences that exist between investment advisors and brokers. The first step in understanding the differences between the two comes from knowing what a fiduciary is. Tom explains to Brendan that a fiduciary is the person who looks after assets on […]

This week on the Mullooly Asset Management podcast Tom and Brendan discuss sector-based investing. To begin the discussion Tom had a statistic to share from a study done by Professor Benjamin F. King of the University of Chicago. The statistic showed that 80% of the risk in investment results comes from getting into the market […]

In this week’s Mullooly Asset Management podcast Tom and Brendan talk about mutual funds. The focus of the podcast is open-end mutual funds. These are the most recognized type of mutual funds amongst investors, and are certainly more well known than closed-end funds. There are three types of open-end funds that Tom and Brendan cover […]

On this week’s Mullooly Asset Management podcast the topic is annuities. There are three types of annuities that Tom and Brendan discuss in the podcast. The three types are immediate annuities, fixed annuities, and variable annuities. One thing to keep in mind when dealing with annuities is that most annuities are sold, not bought. This […]

In today’s Mullooly Asset Management podcast Tom and Brendan talk about 401k accounts and how they actually have more options than most people are aware of. It seems strange that investors aren’t aware of changes happening with 401k accounts, but the information just isn’t reaching them. There has always been a glaring lack of advice […]

This week on the Mullooly Asset Management podcast Tom and Brendan discuss the new high set yesterday by the Dow Jones Industrial Average. The new high broke the previous record set on October 9, 2007. So what does this mean moving forward? Well it can certainly take a long time to get these market tops, […]

In this week’s Mullooly Asset Management podcast Tom and Brendan discuss a hot topic right now, 1099 forms. 1099 forms are the form required each year to report financial information to the IRS. Most people are used to receiving these forms at the end of January. Recently the rules were changed, and they are not […]

This week’s Mullooly Asset Management podcast starts off with Tom telling Brendan about something he has heard a lot over the last 25 years. Many prospective clients have told Tom that they, “don’t have money in stocks, they own mutual funds!” Little do they know an equity mutual fund is just a basket of stocks. […]