Legal Eagles's latest activity

Burton Malkiel’s book was one of the first ones I read on the subject. A classic. I practice what I preach. Over 40% of the portfolio...

I have kept our savings in Vanguard Index funds plus a few stocks since we were married 43 years ago. I am a huge devotee of John...

The problem with that is, how do you know which funds will outperform in advance so as to invest in them? There are certainly funds...

That is still market timing... study after study has shown it is better to invest a lump sum windfall immediately and all at once...

What Astro is describing is known as Sequence of Return risks. You are taking out a constant dollar amount, so to meet that quota you...

I'm a fan of buying on the peaks and selling on lows all the way to the top.

That and A Random Walk Down Wall Street.

Everyone should read his book “common sense on mutual funds”. The essential thesis is this, index funds beat over 90% of the actively...

It took me 20 years to actually join Bitog. I probably should have joined Bogleheads by now as well. It’s easy to criticize people who...

What matters most is your 20s and a bit of 30s do as much as possible. I am coasting in my 50s because 20s I maxed out retirement...

#1 ) I disagree. People need the truth. But that's not the end of what I have to say, because at a level you are not wrong. #2 ) I...

Really? To get there, you must save income first. Save every penny of income you possibly can. If you are not saving 25% of your...

Don’t have the stomach for the eggs in one basket approach. Index funds on auto pilot for me. Smartest thing one can do in regard to...

The best way to get rich is slowly. Time in the market matters and it works. Avoid specific company risk by limiting your exposure...

Be boring. Start by taking the investment money off the top and living on the rest. "Pay yourself first."