Taylor Swift Fansite

Marty Allen once wrote, “A study of economics reveals that the best time to buy anything is last year.” I feel that this is the story of how most people feel about investing. So often I find people retroactively kicking  when to take rmd  themselves for not buying internet stocks (and selling them before they tanked) or real estate (and selling it before it tanked) or oil (and selling it before it tanked) or gold (and selling it before, oh wait … bear with me for a moment on that one).

As humans we are bound up by millions of years of animal instincts and at best a few thousand years of progressive thought. It’s a relatively new thing for humans to be telling themselves “maybe I required minimum distribution in year of death  shouldn’t do that”. I believe that there are terrible things that are part of our instincts – there are terrible things that we should rationalize through and at time reject as being primitive. Over the years, the best advice that I’ve ever given can be summed up in three words: Don’t do that.