Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

Recency bias is one of many cognitive errors that plague investors. It refers to the human tendency to overemphasize more recent data. The recency bias is most likely to be discussed in the realm of behavioral finance, however this bias can be found in every day life too. I want to share a few examples […]

The post Recency Bias is Everywhere appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

We all spend inordinate amounts of valuable time stressing over things we cannot control. This is especially true for investors. No matter how hard we try, we cannot control what the market does. The market will do what it wants to, when it wants to. Here at Mullooly Asset Management, we’ve found that technical analysis […]

The post Technical Analysis Helps Us Focus on What We Can Control appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

This morning at our daily research meeting, we discussed something that several clients have brought up to us recently: it’s June and the Dow Jones Industrial Average and S&P 500 are barely positive for the year. While it is important to monitor your portfolio’s progress over time, many investors make the mistake of comparing their […]

The post Is the S&P 500 a Good Portfolio Benchmark? appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

If something sounds too good to be true, it probably is. You’ve likely heard or used this adage before. It applies to all areas of life, and investing is no exception. Too often, smart people are blinded by colorful presentations, outlandish guarantees, or slick sales pitches. Well go ahead and add falsified performance data to […]

The post F-Squared: Too Good to Be True appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

Yesterday the Dow Jones Industrial Average celebrated its 119th birthday! Charles Dow and Edward Jones created the index, and it was first calculated on May 26, 1896. While the Dow Jones Industrial Average is certainly the most discussed US market index, you may be surprised to hear that it’s actually only the second oldest. Dow […]

The post Dow Jones Industrial Average Celebrates 119th Birthday appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

A topic we can’t seem to discuss enough here at Mullooly Asset Management is relative strength. Relative strength refers to the momentum factor. As John Lewis, CMT of Dorsey Wright Money Management described in a recent whitepaper: “Relative Strength (momentum) strategies focus on purchasing securities that have already demonstrated the ability to outperform a broad market […]

The post Relative Strength Buy Signals appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

At Mullooly Asset Management, we help a lot of individuals manage their retirement accounts at work. The type of retirement account doesn’t matter (401k, 403b, or 457), we advise individuals on how to allocate their retirement savings within these plans. Sometimes, we review a client’s employer sponsored plan and it seems to be lagging the other […]

The post Group Annuity Products: An Expensive Way to Invest appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

Exchange traded funds (or ETFs) have been around since January of 1993. SPY (the S&P 500 index ETF) was the first of its kind, and we’ve watched the industry evolve from there. After SPY, we saw the ETF universe expand to include sectors, international indexes and countries, bonds, and commodities. ETFs have continued to become […]

The post ETFs Continue to Become More Specific appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

Our portfolio management strategy at Mullooly Asset Management has two main parts: point and figure charting and relative strength. Relative strength is also referred to by academics as the momentum factor. To put it plainly, relative strength (or momentum) is the phenomenon that securities which have performed well relative to peers on average continue to outperform, […]

The post Understanding Peer and Market Relative Strength appeared first on Mullooly Asset Management.

Mullooly Asset Management - Fee-Only Investment Advisor Manasquan, NJ

Time is said to be our most valuable asset, so if you’re behind on saving for retirement, just work longer! Sounds simple enough, right? While this theoretically seems like a great solution, it isn’t so easy in the real world. Nobody likes to hear this, but the best way to improve your chance of having […]

The post Work for Longer or Save More Aggressively? appeared first on Mullooly Asset Management.