"I don't think balance is ever achieved in the full sense of the word. Life is more like a juggling act, spinning plates in the air, allowing some to drop, and picking them back up or adding new ones when the timing is right."

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Index funds are... tax friendly, allowing investors to defer the realization of capital gains or avoid them completely if the shares are later bequeathed. To the extent that the long-run uptrend in stock prices continues, switching from security to security involves realizing capital gains that are subject to tax. Taxes are a crucially important financial consideration because the earlier realization of capital gains will substantially reduce net returns.

— Burton Malkiel