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.
Many Baby Boomers are trying to decide if they can retire or not. In many fields of study, safety factors are used to help manage the risk of a decision. This short story explores the use of various types of safety factors for the retirement decision.
Financial planners use a rule of thumb that says you will need 70% to 80% of your pre-retirement income. This short story examines this rule of thumb and apply it to four fictitious families. Hopefully the results of this analysis will help people better understand the pros and cons of using the 80% rule of thumb. This story should also help people better estimate their retirement income needs
There are at least five alternative methodologies people can use to plan for retirement. This short story explores and compares these five alternative methods of retirement planning. This story should be very helpful to people who are beginning to undertake serious planning for their own retirement.
This short story explores several alternative methods that people can use to design and build retirement portfolios. One alternative that is thoroughly explored is an all TIPS (Treasury Inflation Protected Securities) portfolio. If you assume the U.S. Government will never default on its bonds, then an all TIPS portfolio is essentially a risk-free portfolio.
Rebalancing a portfolio requires effort to determine the optimum methodology for rebalancing. It also involves trading costs and potential tax costs. This short story explores the history of rebalancing and then determines if rebalancing is really worth it for the average investor.
This short story documents my journey to a diversified portfolio of low-cost index funds. This short story has great advice for people who want to manage their own investments using low cost investments.
In 2008, we experienced one of the worst Bear markets in our lifetime. Many investors lost half of their portfolios and wonder if they can ever retire. This short story explores several techniques that investors can use to revise how they save and invest for retirement.
With the first of the 67 million Baby Boomers starting to hit age 65 in 2011, there is and will be a tremendous need for financial advisers. I want to share my Lessons Learned achieving legal status as a Registered Investment Adviser to make it easier for other people to also become financial planners.
After the Crash of 2008, many investors are choosing to lower their portfolio risk. Tax free municipal bonds can be an attractive alternative to taxable bonds for several reasons.
This short story explores the use of municipal bonds. It will help investors better understand how to optimize their retirement portfolio.