Episode 851: The Month of May is Here to Stay
The investment plan is not better or worse in some months than the others – it is all part of the plan presumably put together.
The investment plan is not better or worse in some months than the others – it is all part of the plan presumably put together.
Today's Post - https://bahnsen.co/4bjQ9x6
“Sell in May and go away” became an adage some people love to say in our business, and I really have no idea where it came from. Whenever people ask me if we follow that adage I reply the same as I do about any other “adage” – things that are made up to offer a cute rhyme may not necessarily be the best way to formulate an investment policy.
Some months markets go down. Some months really good investment plans see the holdings in a portfolio increase in price, and other times decrease in price, The investment plan is not better or worse in some months than the others – it is all part of the plan presumably put together.
Various calendar correlations, almanac tidbits, and nursery rhyme poetry are not investment strategies. They are actually not even good at understanding correlations, let alone causations, as most of these things on their own merits and claims are merely 50/50 propositions.
But what is a real investable philosophy is what you can find in the pages of Dividend Cafe. And for a discussion of all those things and more, we start … now …
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
David is the Founder, Managing Partner, and the Chief Investment Officer of The Bahnsen Group.
View episodesGet new episodes of The Dividend Cafe automatically
