Sell in May and go away could be correct for Singapore stocks. This is a seasonal factor of dividend payments. And SGX is a solid dividend stocks market which has no dividend income tax. Most of SG listed companies ex-dividend date are in May, properly stock price peaks are just before ex-dividend date.
I buy low and sell high
$STI ETF(ES3.SI)$ many times in a small amount for coffee money.
5% profits is ok be
cause $STI ETF(ES3.SI)$ dividend yield is 4%.
I could earn two times 5% in a year from STI ETF.
Will You Sell in May or Stay in May?
With share markets enjoying a strong start to the year, investors are considering whether it's time to take profits.
The adage “Sell in May and go away” often resurfaces in late April/early May.
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