Top Five Things I'm Still Stupid About at 65
Timing the Market.
I know, you know, we all know that the only way to participate in the stock market is to get good advice, put your money in and settle in for a long-term hold. The really smart advisers tell you to get in when the stock market is plummeting, and encourage you to stay the course if you’re already invested.
I, however, do none of these things. I have a decades-long track-record of getting in the market when it’s just about to hit a peak; dumping out when after a plunge it’s just about to turn around and otherwise defying my wise financial advisor’s advice to not try to time the market. How stupid is that?
What are the top 5 things you’re still stupid about at 65, give or take a couple of years?