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Politics : Kenneth Starr denies his probe was politically motivated
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To: Les H who wrote (235)6/25/1999 7:43:00 PM
From: MunnyGuy  Read Replies (1) of 470
 
Les,

I like your outlook. I am a bit less complicated. I buy equities every month (dollar-cost-average), over 15 different portfolios (mutual funds), spread as to my time horizon (20 years) over the Morningstar grid (highly diversified), in a tax advantaged package (life insurance... and Roth IRA of late) for income tax free income and income tax free death benefit, while taking advantage of quarterly automatic portfolio rebalancing to systematically sell high and buy low without capital gains taxes. Then I go work and play and not even THINK about it. Averaged 17%/yr for 17 years doing that. Maybe I can get 18%, but not worth the time to me.
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