Showing results by author "Dale C. Maley" in All Categories

Many Americans have long-term financial goals including paying for their children’s college or their own retirement. Studies have shown you are more likely to achieve your goals if you write them down. This short story shows how to develop your own comprehensive personal financial plan. It includes a template that you can modify to fit your needs.

American medical doctors face some unique financial planning challenges. They often have to incur student loans in the hundreds of thousands of dollars. Unlike regular college graduates who start working at age 22, they often can not start working until about age 30. Their relatively high income can also drive the need for huge retirement savings. Because of their high income, doctors are major targets for people selling bad investments. This short story explores these unique challenges. Read this short story if you are a medical doctor who wants to learn how to meet your long-term ...

The first settlers in the Fairbury area was Major Darnell south of town in 1829 and the McDowells north of town in 1832. In 1857, the Peoria & Oquawka Railroad installed new tracks which helped to create the village of Fairbury. This book is a collection of over 70 different carefully researched stories about various aspects of Fairbury history. These stories run the range from the pioneer settlers to modern efforts to preserve Fairbury history. It is hoped this book will help people better understand the almost 200 years of rich history that helped to define the community of Fairbury.

The most critical decision involved with your retirement portfolio is the correct asset allocation. Asset allocation is the ratio between stocks and bonds in your portfolio. The higher the percentage of stocks versus bonds, the higher your expected return. Unfortunately, your risk level increases also. Financial planners recommend you lower your stock allocation as you age. This short story reveals the actual asset allocation used by Americans as a function of age group. It includes data from six different sources on typical Americans. You can compare your age and your asset allocation with...

Fairbury is a small town located in Central Illinois. It is 100 miles south of Chicago and 60 miles east of Peoria. It was founded in 1857 when the railroad first crossed Central Illinois. The author developed an outline for broadcasting twenty-one short stories about Fairbury history on the local radio station. This short story converts the outline for the radio audio history segments into this written short story. It is hoped this book helps to inform current Fairbury residents about the colorful history of Fairbury. It is hoped this short story will help to educate future historians who ...

William Walton and Elizabeth Gehman had a large family of 12 children in Ohio. They both died at relatively young ages, leaving several of their younger children as orphans.Four of these 12 children moved to the Fairbury area. Mary Ann Walton married prominent Belle Prairie Township farmer David Steele Crum. They provided a home for young orphan Isaac Walton after the parents died.Benjamin Walton was a pioneer settler of the Fairbury area. He established a large elevator and grain mill at the southwest corner of First and Locust.Orphan Isaac Walton served in the Civil War, then returned to ...

Circa 1922, the book titled Livingston County, Illinois in the World War was published. It contains the names of all the people from Livingston County who served in World War I. If submitted, it also contains a brief service record for each person. Circa 1947, the book titled Service Record Book of Men and Women of Fairbury, Illinois and Community was published. It contains a photo and short biography of each person that served in World War II. Unfortunately, there is no published book containing the names of the Fairbury area people who served in the Civil War. This book utilizes numerous ...

Sixty-Seven million Baby Boomers have now started to enter their retirement years. One of their biggest challenges is making a retirement portfolio last during retirement. This is a challenge because of the fluctuating nature of future stock market returns. Hoover Dam designers faced a similar issue. They want to maximize flow from the dam while keeping the reservoir full. The amount of river flow replenishing the reservoir is dependent on fluctuating levels of annual snowfall in the mountains. This short story compares Hoover Dam’s design to the retirement portfolio income problem. After...

One of the key decisions an investor has to make is what level of portfolio risk to assume. If the stock allocation is too low, the investor runs the risk of inflation diminishing the portfolio value. If the stock allocation is too high, the investor may panic and sell-out every eight years when we have a Bear stock market. This short story explores the issue of portfolio risk. After reading this short story, you will have enough information to make your own well-informed asset allocation decision.

Fairbury is a small town located in Central Illinois. It is 100 miles south of Chicago and 60 miles east of Peoria. It was founded in 1857 when the railroad first crossed Central Illinois.William T. Stackpole came from a prominent family in the Maine coastal city of Thomaston, Maine. He was born in 1827. He grew up on the St. Georges River in Maine. At Thomaston, the St. Georges river empties into the Atlantic Ocean. He was aware of the great success of the Erie Canal, built in 1821. These factors led to a life-long obsession with improving waterway shipping, including rivers and canals.His...

The first settlers in the Fairbury area was Major Darnall south of town in 1829 and the McDowell family north of town in 1832. In 1857, the Peoria & Oquawka Railroad installed new tracks which helped to create the village of Fairbury.This book is a collection of over 70 different carefully researched stories about various aspects of Fairbury history. These stories run the range from the pioneer settlers, the coal miners, enterprising businessmen, school history, banking history, Post Office locations, and modern efforts to preserve Fairbury history.It is hoped this book will help people ...

Since it's founding in 1857, Fairbury has had eight murders committed. This book reviews the history behind each of these eight murders. If you are interested in Fairbury history, this book contains almost 200 pictures and sketches of Fairbury history.

Many of the 67 million Baby Boomers who turn age 65 in 2011 want to retire. If they have chosen a high-priced financial advisor, their retirement date may be delayed indefinitely. This short story utilizes a real life example of a couple who can never retire due to excessive investment and financial planning fees. After reading this short story, you will be able to make your own well-informed decision on how to optimize investment and financial planning fees so you can retire sooner.

James McDowell (1747-1809) was born in Ireland. He was a soldier under General Wayne in the Revolutionary War and was wounded at Brandywine. He married Sarah Gorrell (1763-1834) and they had nine children in Ohio. Families of three of these nine children moved to Avoca Township in Illinois starting in 1832. Descendants of James and Sarah fought in the War of 1812 and the Civil War.These McDowell family members were pioneers that helped establish the Illinois towns of Avoca, McDowell, Fairbury, and Gibson City. Some of the Fairbury, Illinois McDowells named and helped to establish Fairbury, ...

This short story explains how you can determine if you have saved enough to retire.

Millions of Americans are saving and investing in an effort to fulfill their long term goals including college education for their children and retirement. One proven method of increasing the probability of achieving your goals is to put them in writing. This short story explores how writing an Investment Policy Statement can help you meet your financial goals.

Young homeowners often wonder if they should pay off their mortgage early. The 76 million Baby Boomers heading into retirement also face the key question on whether or not pay off their mortgage early. Financial experts differ in opinion on the mortgage early pay off decision. This short story explores the many aspects of the mortgage early pay off decision. This story will provide you with enough information to make your own well informed decision regarding your specific early mortage pay off situation.

The first settlers in the Fairbury area was Major Darnall south of town in 1829 and the McDowell's north of town in 1832. In 1857, the Peoria & Oquawka Railroad installed new tracks which helped to create the village of Fairbury. This book is a collection of over 70 different carefully researched stories about various aspects of Fairbury history. These stories run the range from the pioneer settlers to modern efforts to preserve Fairbury history. It is hoped this book will help people better understand the almost 200 years of rich history that helped to define the community of Fairbury.

This short story explains the theory of behavioral finance and helps to explain how you can use these theories to help achieve your financial goals.

This short story explains how to become a financial planner or Registered Investment Advisor.