Recent content by Legal Eagles

  1. L

    Put all your eggs in one basket with investing?

    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 beat the index... the hard part is picking them ahead of time... Contra fund has done very well... but which fund will outperform for the next 20 years? No...
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    Put all your eggs in one basket with investing?

    That is still market timing... study after study has shown it is better to invest a lump sum windfall immediately and all at once, rather than waiting to buy on a "correction"... how do you know where the bottom is...
  3. L

    Put all your eggs in one basket with investing?

    That and A Random Walk Down Wall Street.
  4. L

    Put all your eggs in one basket with investing?

    If mediocrity is matching the return of the Wilshire 5000 over 40 years, I'll take mediocrity all day long... I am long term bullish on America.
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    Put all your eggs in one basket with investing?

    Get rich quick never works... the objective is to get rich slow... 20% of your pretax income in an S&P 500 Index fund from age 20 to 65... pay yourself first, never touch it, never sell it, and you will get rich slowly... no scheme, just patience, discipline, compound interest, and the time...
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    Put all your eggs in one basket with investing?

    With inflation, a million bucks just is not what it used to be... My one personal feelings are that if one wants to leave a legacy and be ABSOLUTLEY SURE one will not run out of money, and keep pace with inflation, one can withdraw 3% of one's portfolio each year (see sequence of return...
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    Put all your eggs in one basket with investing?

    I am a devotee of John Bogle, and so my stock investments are a broad index fund... Vanguard Total Stock Market Index... that is instant diversification, low turnover, low dividend yield, and a negligible expense ratio. If you want international exposure (I do not) substitute Vanguard Total...
  8. L

    Whats your favorite rifle?

    I have one in .270 Winchester... the pre '64 Model 70 is (IMHO) the finest rifle ever made, and the last one I would ever sell...
  9. L

    Churchill smoking a cigar in the left seat

    Fascinating thing about Churchill... his entire life up until WWII had been largely one disaster after another... Gallipoli, the Black and Tans, poison gas, the gold standard, opposition to Indian nationalism, his support of Edward VIII during the Abdication Crisis, the Norway campaign, and the...
  10. L

    Crown Victoria named 'best cop car of all time'

    I do love the panther platform, but the Chevy Caprice was an awesome cop car... I might even say - better - than the Crown Vic?
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    Amazing new photos of the U-2 Dragon Lady at work

    I was expecting more Bono...
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    Why Dollar Stores are bad for health, and aren't actually that cheap

    I will buy the goods and services I need at the lowest cost vendor who can provide the quality I require. I care not what name is on the sign, or who owns the business... To do otherwise seems downright uncapitalistic!
  13. L

    Shoe lacing?

    There is no wrong answer... there are so many options. If you like shoes, laces, or have any hint of OCD; be careful clicking here and before you do, clear your calendar! https://www.fieggen.com/shoelace/lacing.htm
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    Rental Car Review: 2021 Corolla

    Just check that VIN... The "J" means quality!
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