The 2008 Crash

Sometimes, you don’t get a second chance to be brave.

I knew the market was going down, but I accidentally took Bogle’s advice and didn’t peek at my own accounts.

Ten years after our original article we review how sage the advice was.

For a calm investor, a crash will just mean that the stocks you would have bought anyway are temporarily on sale.

You shouldn’t invest in what you don’t understand.

The presidential election should be settled by a single question: “Who caused the financial crisis of 2008?” President Obama’s entire campaign has centered on his claim that he inherited a mess caused by the failed policies of the past.

Mortgage rates are at historical lows, so the next few years are the time to take advantage of them.

There is always a day of reckoning when people use debt to leverage their investments.

For charity to be a virtue, it must be freely given from your own resources.

Regulation and centralized planning have caused financial instability and failing institutions. If this is the root cause, then many of the proposed solutions will only make matters worse.

The subprime mortgage meltdown has cost the world 15% of its market capitalization, about $9 trillion. The primary culprit who caused all of this financial loss, pain and suffering is not the mortgage companies.