What Lessons Can We Learn from the Crash of 2008?
By Dale Maley
()
About this ebook
In 2008, we experienced one of the worst Bear markets in our lifetime. This short story explores the Crash of 2008 and determines what lessons we should learn from this experience.
Dale Maley
Dale C. Maley is the author of the 19999 book Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pros. He is also a contributing author to Chapter 18 Seeking Help from Professionals in the 2009 book The Bogleheads Guide to Retirement Planning. He is a very successful private investor who has been a student of Financial Planning and Investing for over 30 years. He was trained as an engineer at the University of Illinois and has been a practicing engineer for 32 years. His accomplishments as an engineer include the granting of 16 U.S. Patents and authorship of over 500 professional technical papers. He is also a member of the International Society of Automotive Engineers and the Society of Manufacturing Engineers. He also has earned an MBA (Masters Degree in Business Administration) degree from Illinois State University. His background in mathematics, engineering, and business provides him with the excellent basis for understanding and teaching investments and financial planning. He is also a very successful investor who has been investing in common stocks and mutual funds since 1980. He has also personally invested in both 401(K) and IRA plans, so he is familiar with participation and management of these types of investments. He has been investing in indexed common stock mutual funds since 1990. Dale became a Registered Financial Advisor in the State of Illinois in 2006 and is currently launching his business as a fee-only financial planner. He is President of Maley Financial Planning LLC.
Read more from Dale Maley
What are the Requirements for Becoming a Financial Planner? Rating: 0 out of 5 stars0 ratingsWhat Is The Optimum Method to Convert a Retirement Portfolio Into Income? Rating: 0 out of 5 stars0 ratingsHow Asset Allocation Can Help You Achieve Your Financial Goals Rating: 5 out of 5 stars5/5How to Use Psychology to Achieve Your Financial Goals Rating: 0 out of 5 stars0 ratingsHow to Build a Fascinating Ratcheting Wood Model Rating: 0 out of 5 stars0 ratingsWho Are The Bogleheads And Should You Become One? Rating: 0 out of 5 stars0 ratingsFinancial Planning for Medical Doctors Rating: 5 out of 5 stars5/5How Do I Estimate Retirement Living Expenses? Rating: 0 out of 5 stars0 ratingsIndex Mutual Funds: How to Simplify Your Financial Life and Beat the Pros Rating: 0 out of 5 stars0 ratingsHow to Cut the Cost of Your Auto and Homeowner's Insurance Rating: 0 out of 5 stars0 ratingsShould Municipal Bonds be a Tool in Your Retirement Planning Toolbox? Rating: 0 out of 5 stars0 ratingsHow Do I Maximize Retirement Income From My Portfolio? Rating: 0 out of 5 stars0 ratingsHow Would Have a Low-Cost Index Fund Approach Worked During the Great Depression? Rating: 0 out of 5 stars0 ratingsRules of Thumb or Retirement Planning Software? Rating: 0 out of 5 stars0 ratingsShould Immediate Annuities Be a Tool in Your Retirement Planning Toolbox? Rating: 0 out of 5 stars0 ratingsShould I Pay Off My Mortgage Early? Rating: 0 out of 5 stars0 ratingsHistory of Murders Committed in Fairbury, Illinois Rating: 0 out of 5 stars0 ratingsAre Black Swans Really Harmful to Ordinary Investors? Rating: 0 out of 5 stars0 ratingsHow Can I Retire If I Am 62 and Broke? Rating: 0 out of 5 stars0 ratingsHow Do I Design My Own Financial Plan? Rating: 0 out of 5 stars0 ratingsBe Very Wary of Equity Indexed Annuities Rating: 0 out of 5 stars0 ratingsDo I Need an Investment Policy Statement? Rating: 4 out of 5 stars4/5Fire Your Over-Priced Financial Advisor and Retire Sooner Rating: 5 out of 5 stars5/5How to Find a Good Financial Planner Rating: 0 out of 5 stars0 ratingsHow to Save and Invest for Retirement Rating: 0 out of 5 stars0 ratingsHow Do You Know When We Are In A Financial Bubble? Rating: 0 out of 5 stars0 ratingsDo I Need Long-Term Care Insurance? Rating: 0 out of 5 stars0 ratingsHow Much Income Do I Really Need in Retirement? Rating: 0 out of 5 stars0 ratingsAre 529 Plans Really the Best Way to Save for College? Rating: 0 out of 5 stars0 ratingsWho Wins the Variable Annuity Versus Mutual Fund Battle? Rating: 0 out of 5 stars0 ratings
Related to What Lessons Can We Learn from the Crash of 2008?
Related ebooks
In Your Best Interest: The Ultimate Guide to the Canadian Bond Market Rating: 5 out of 5 stars5/5Be Very Wary of Equity Indexed Annuities Rating: 0 out of 5 stars0 ratingsInvesting Redefined: A Proven Investment Approach for a Changing World Rating: 0 out of 5 stars0 ratingsWhat Color Is the Sky: If You Push the Clouds Aside, The Truth About Investing Will Set You Free. Rating: 0 out of 5 stars0 ratingsThe Investing Revolutionaries: How the World's Greatest Investors Take on Wall Street and Win in Any Market Rating: 0 out of 5 stars0 ratings128 Billion to 1: Ten Steps to Beat the Odds and Win Your NCAA Tourney Office Pool Rating: 0 out of 5 stars0 ratingsInvesting in Stocks: A Beginner's Guide Rating: 0 out of 5 stars0 ratingsFifty Fast Facts About Napoleon: Fifty Fast Facts, #1 Rating: 0 out of 5 stars0 ratingsMacromodeling Debt and Twin Deficits: Presenting the Instruments to Reduce Them Rating: 0 out of 5 stars0 ratingsPanderer to Power Rating: 4 out of 5 stars4/5The Billionaire Mindset: The Guide To Passive Income Rating: 0 out of 5 stars0 ratingsIs Portfolio Rebalancing Worth It? Rating: 0 out of 5 stars0 ratingsYes, You Can Time the Market! Rating: 4 out of 5 stars4/5A Legacy to My Sons: A Father's Reflections on Aspirations, Values and Life Rating: 0 out of 5 stars0 ratingsThe Book About Life Rating: 0 out of 5 stars0 ratingsDo I Need Ten, Twenty, or Thirty Times my Income to Retire? Rating: 0 out of 5 stars0 ratingsHow Do I Select the Correct Risk Level for My Portfolio? Rating: 0 out of 5 stars0 ratingsMotivational Quotations on Personal Finance Rating: 0 out of 5 stars0 ratingsTrust Your Enemies: A Political Thriller. A story of power and corruption, love and betrayal-and moral redemption Rating: 0 out of 5 stars0 ratingsThe Cul-de-Sac Syndrome: Turning Around the Unsustainable American Dream Rating: 3 out of 5 stars3/5Gold Fix: Life on the Bullion Desk Rating: 0 out of 5 stars0 ratingsThe Success DNA of Extraordinary Entrepreneurs: How to go from Invisible to Invincible in Your Business Rating: 0 out of 5 stars0 ratingsYou Got This!: Your Million Dollar Path to Financial Freedom Rating: 0 out of 5 stars0 ratingsBedside Manners: The Art of Practicing Medicine Rating: 2 out of 5 stars2/5Gifted Rating: 0 out of 5 stars0 ratingsRules for Revolutionaries (Review and Analysis of Kawasaki's Book) Rating: 0 out of 5 stars0 ratingsThere is no death Rating: 0 out of 5 stars0 ratingsThrive Beyond Divorce: Mastering The Money Game, Discovering Your Purpose and Offering Your Gift To The World Rating: 0 out of 5 stars0 ratings
Personal Finance For You
The Millionaire Next Door Rating: 4 out of 5 stars4/5Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life Rating: 4 out of 5 stars4/5The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Rich Dad Poor Dad Rating: 5 out of 5 stars5/5Investing For Dummies Rating: 4 out of 5 stars4/5The Black Girl's Guide to Financial Freedom: Build Wealth, Retire Early, and Live the Life of Your Dreams Rating: 5 out of 5 stars5/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 4 out of 5 stars4/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5Summary of The 48 Laws of Power by Robert Greene Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Legal Loopholes: Credit Repair Tactics Exposed Rating: 4 out of 5 stars4/5The Money Answer Book Rating: 4 out of 5 stars4/5Summary of I Will Teach You To Be Rich: by Ramit Sethi | Includes Analysis Rating: 4 out of 5 stars4/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5Personal Finance For Dummies Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Principles: Life and Work Rating: 4 out of 5 stars4/5Get the Hell Out of Debt: The Proven 3-Phase Method That Will Radically Shift Your Relationship to Money Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5Rich Dad's Cashflow Quadrant Rating: 4 out of 5 stars4/5Money Hacks: 275+ Ways to Decrease Spending, Increase Savings, and Make Your Money Work for You! Rating: 4 out of 5 stars4/5
Reviews for What Lessons Can We Learn from the Crash of 2008?
0 ratings0 reviews
Book preview
What Lessons Can We Learn from the Crash of 2008? - Dale Maley
What lessons can we learn from the crash of 2008?
by
Dale C. Maley
SMASHWORDS EDITION
* * * * *
PUBLISHED BY:
Artephius Publishing on Smashwords
What Lessons Can We Learn from the Crash of 2008?
Copyright © 2009 by Dale C. Maley
All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of both the copyright owner and the above publisher of this book.
Q: What areas of investing have you been exploring since the publication of your book Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pros?
A: The last few years I have been exploring all aspects of retirement planning. In 2008, we experienced one of the worst Bear markets in our lifetime. This short story explores the Crash of 2008 and determines what lessons we should learn from this experience.
Q: We are all