Mullooly Asset Management

Unlock the secrets to maximizing your Social Security benefits with the guidance of JP Morgan's treasure trove of insights! Brendan and I dissect the Social Security Breakeven Point Chart in a way that will forever change how you think about your golden years. From the earliest claim at age 62 to the strategic patience of waiting until 70, we examine the complex dance between monthly payouts, longevity, and the broader picture...

Step back into 1979 with us, as we unearth the decisive steps taken by Federal Reserve Chairman Paul Volcker to tame the rampant inflation that threatened to unhinge the U.S. economy. Our narrative weaves through the socio-economic tapestry of the Vietnam War, the ambitious Great Society programs, and the tumultuous energy crises that culminated in a secret Federal Reserve meeting, igniting a financial revolution. This is a tale of...

Unlock the wisdom of investment legend Charlie Munger as we explore his transformative influence on Warren Buffett and the investing world at large. Witness the powerful shift from 'cigar butt investing' to the pursuit of 'wonderful businesses at fair prices,' a principle that rocketed Berkshire Hathaway to unprecedented heights. Join us for a riveting discussion that dives into the heart of investment strategy,...

Uncover the mysteries of February's financial turbulence as I, Tom Malouli, guide you through the stormy seas of market volatility and inflation. This episode promises a deep understanding of the undercurrents that rock our investments and how historical patterns can forecast potential downturns. I delve into why February is the Achilles' heel of the robust November-April period and dissect the implications of the latest ...

Unlock the mystery of the Federal Reserve's unyielding stance on interest rates with us, as we tackle the complexities of an economy where high-flying GDP numbers don't necessarily mean more money in your pocket. In a whirlwind tour through the latest economic developments, we dissect the Fed's rationale for maintaining higher rates post-July 2023, in the face of cooling inflation and a robust economy. It's not ...

Ever wondered how a single statement from the Federal Reserve can send shockwaves through the financial markets? That's exactly what we're unpacking in this episode as we scrutinize the Fed's latest move to hold interest rates steady and the subsequent market tremors. Join us as Chairman J Powell's press conference is dissected, providing insight into the Fed's delicate balancing act between economic stabil...

Ever wondered why your tax bill feels like a punch in the gut, leaving you questioning whether it's time to fire your accountant? Hold that thought; the culprit could be closer to home. In a no-holds-barred chat, we unravel the knotty world of tax returns, debunking the myths that lead to misplaced blame. From the real deal on tax preparation fees (think beyond the cost of a fancy dinner) to getting schooled on the IRS's ...

Embark on a journey with me, Tom Mullooly, and discover the surprising truth behind the financial industry's approach to client relationships. As someone who's navigated the murky shift from broker to fee-only investment advisor, I'll unfold the story of how the Department of Labor's fiduciary rule is reshaping the responsibilities of financial professionals. You'll be shocked to find that the priority of c...

Ever wondered if snagging the lowest mortgage interest rate is always a silver bullet for homeowners? 

Join me, Tom Mullooly, as we unravel a Twitter tale that serves as a stark reminder that the allure of low rates can sometimes lead to financial quicksand. In a narrative that could rattle any homeowner, we dissect the harrowing journey of a couple who, lured by a 10-year mortgage at an irresistible 1.875%, now face the g...

Reconsider everything you've been told about borrowing from your future! In a riveting exploration of the often-endorsed 401K loans, Tom and I dissect a sponsored article by Principal Financial Group, challenging the sugarcoated narrative that these loans are a safe financial bet. The episode peels back the layers of this contentious subject, revealing the hidden truths and the pressing need for a robust financial safety net. ...

Are you ready to dissect the economy's vital signs? We promise to take you on a deep dive into the economy's pulse, examining indicators that shape the economic landscape. The recent Federal Reserve announcement has caused a shift in the market, signaling the end of their interest rate hike cycle. We broaden the perspective with a talk on the inverted yield curve, housing starts, car sales, and the sudden surge in excavat...

Caught in the retirement vortex while trying to navigate college costs, emergency savings, and caring for older family members? We're here to help. Today, we're unpacking the findings of Goldman Sachs' recent retirement survey and Insights Report to provide insights on the financial challenges many Americans face as they approach retirement. We question if these challenges have worsened over time or if our mindset to...

What if you could shield your hard-earned assets from the costly implications of long-term care? What if you no longer had to worry about the dreaded five-year look back window while applying for Medicaid? That's exactly what we're unpacking in episode number 463. We use the real-life example of Mrs. O'Malley, an 82-year-old woman striving to protect her home, to demonstrate the advantages of transferring assets into...

Ready to crack the code on some of the most perplexing questions in investing? We're about to take a deep-dive into the captivating world of stocks, Treasury bills, bond yields, and interest rates. Prepare to challenge the status quo as we probe whether it's worth risking money in stocks when Treasury bills yield 5%. We'll weigh the impact of inflation on this intriguing decision and stack up the historical returns o...

Ever feel overwhelmed by the gravity of tackling debt? What if we told you it doesn't have to be as daunting as it seems? Drawing from expert insights and our rich experiences at Malouli Asset Management, we offer a fresh perspective on how to manage and reduce debt without resorting to drastic measures. We reference an enlightening Bloomberg article by Carl Smith, which makes the case for leveraging economic growth to keep de...

What might you not know about profit margins, earnings, and the economic sentiment that you absolutely should? Get ready for a profound discussion as we break down Ryan Dietrich's intriguing article, 10 Things You Might Not Know, But Should. We unravel the mystery behind rising profit margins, putting a spotlight on the shifting focus of tech behemoths from income growth to profitability. Delve into the world of earnings and t...