This may sound like a stupid question but, how do you go about drilling a hole EXACTLY where you want it? I am starting to build my belt grinder and need to mount pillow block bearings on 1/4" plate. I will be tapping the plate to accept the 1/2" bolts, and these holes need to line up well so my shaft through the pillow blocks will be where I want it . I always mark and punch for the hole, but with the larger size drill bits, getting the hole started right on the punch hole seems to be a problem. Any hints guys?