Linked below is the latest episode of the Mullooly Asset Show over on our YouTube channel! For years now, we’ve been cranking out episode after episode on a weekly basis. There’s plenty to catch up on if you’re new to the channel!
Here’s what I’ve been reading this morning:
‘Taking Money From Your 401(k) to Buy a House’ – Mullooly Asset Show
- In this week’s video, Tom answers whether or not you should take money from your 401(k) to buy a house. You need to know all of the ramifications of taking a retirement account distribution BEFORE you do anything. Tom walks you through it all while offering up some other ways to tap that money. But the point remains that saving for a house in a retirement account is probably not a good idea!
‘Is it Realistic to Have 100% of Your Portfolio in Stocks?’ – Ben Carlson – A Wealth of Common Sense
- For MOST people, some combination of stocks, bonds, and potentially other investments will make up the portfolio. But could you have 100% of it strictly in stocks? Ben takes a look at what that kind of portfolio might feel like in this post.
‘What the Debt Ceiling Could Mean for Social Security and Medicare’ – Lorie Konish – CNBC
- You might have heard the term “debt ceiling” a few times over the years, and especially the last week or so. What is it? What does it mean when we hit it? This article takes a look at the debt ceiling and it’s potential impact on things like Social Security and Medicare.
‘Why Overconfidence Bias May Cost Investors’ – Greg Iacurci – CNBC
- While being too afraid to make decisions can hurt investors, having TOO MUCH confidence can also be harmful. This article talks about overconfidence bias and how it negatively impacts investors.
ENJOY!
