Home: Authors: Thomas Mullooly
401K Advisor

Status: Member since April 7, 2009
Location: United States of America
Articles: 54 Active Articles, resulting in 5291 views
Feedback: 3 comments on these 54 articles

TRCB - Member Profile - Thomas Mullooly

Thomas Mullooly, President of Mullooly Asset Management, has been in the investment industry since 1983. After many years as a broker, Tom established Mullooly Asset Management as an Investment Advisory firm for individuals who are looking to manage the risk in their investments.

Too many investors have been decimated the past few years by having no game plan, no method to manage the risk in their portfolios and making other mistakes.

Mullooly Asset Management coordinates a tactical game plan for their clients. Whether your assets are in a 401k plan or in a brokerage account, Mullooly Asset Management works one on one with individuals so they can regain control of their investments.

Tom's popular email alerts help folks to reduce the risks in their portfolios. To learn how to stop making investing mistakes, and to sign up for Tom's email alerts, visit www.mullooly.net today!

Do you remember the television program, "Who wants to be a Millionaire"?The show was actually featured in a terrific book "The Wisdom of Crowds" by James Suriowiecki. If you remember, the contestants were given three "lifelines" to help them.
Pretty sad story reported recently...but sad, as in pathetic. Guy Wyser-Pratte, who is known on Wall Street as a shareholder activist and runs a $500 million hedge fund, recently reported that the private banking operation of J.P. Morgan Chase had "somehow" allowed many small electronic transfers out of his personal account, over a period of time (15 months).
A question came up recently from a client... "we invested in the stock recently, and it went up nicely at first. But recently, the stock has started to fall. I'm not sure if we should close this position out... or should we just hang on. What do you advise?"
Mark-to-the-Market was a practice originally begun by futures and commodity traders in the 19th century. Essentially, mark-to-the-market means your holdings must be "priced" every night...at the price they can be sold at.
The Treasury announcement to inject capital (money) into banks, under terms created under the bailout bill. This article will try to walk through, in English, what this all means.
Like crossing the equator on a ship - should buy and hold investors get some kind of recognition (or have some celebration) for crossing the line? The S&P 500 crossed 1100 in 1998 (twice), 2001 (3X!), 2002, 2004 and 2008.
One of the side stories coming out of the bank bailout has been this: some banks are actually using the money - to buy other banks!
Some Mutual Funds have a surprise waiting for you. The cost structure of mutual funds is completely out of whack with what investors want.
Don't worry about "why" your investment is falling. Focus on "what" instead. What is happening now.
I don't know which side of the argument you fall on...bailout the automakers, or let them fail. The question has been asked by many for months now, "if the airlines can slink in and out of bankruptcy...why not the automakers?"
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