Notes

This is something I think about a lot. Not because I don't make good money and my investments have done well, but I know a truck is going to be used and used up, and after 15 years be garbage. But what is time and life if you don't do something with it? Travel and have adventures? It's nice to say, a 20-year old Honda Civic gets you to the Maul most of the time, but what if you care about things besides driving to SuperDuper Wally World, your office and the Maul? I guess an old clunker works, and I hate the message spending all that money on a SuperDuty sends, though I also know the cost of a SuperDuty really is only a few months of Capital Gains the way the market grew last year. But what if I invested that extra $20k or $40k and got an old clunker? Questions on my mind. Truth is it probably doesn't matter that much, as while it will dip my cash account for now, it won't impact my retirement or investing stragety nor the income I have coming in. Still I'm conflicted.

I can see the desire to own equal weighted funds, especially as they get you more small caps when thee magnificent seven are dominating the market and over weighting index funds, but I think a lower fee small cap index fund is a better way to correct for such imbalance with less turnover than a true equal weighted fund. That said, a lot of small caps are that way because they have slow growth, are in dying industries and have limited prospects for growth. But I do have some investments in small cap funds just like I do some investments in energy sector stocks as a hedge against energy inflation pulling down the market as a whole. But they are not a large part of my portfolio as they're risky and kind of side bets.