Welcome to this week's Thursday Special!
Tomorrow is the last trading day of April. May is here! Happy Labor Day! How are you going to spend your holiday?
Sell in May and Go Away” – in 9 out of 11 Countries it Makes Sense to Do So snbchf.com
Today we'll talk about “Sell in May and go away”. Do you think there will be a sell-off in May? And why?
For example, you may find some clues from the earnings, the trend of $S&P 500(.SPX)$ or huge gains since the YTD. Please share your opinions with evidence in the comment.
Buy in June and Retire by Noon | Robinhood | Know Your Meme
Tips:
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Comments
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🌟🌟🌟I am a Buy And Hold kind of investor, not Sell In May and Go Away one. I believe wholeheartedly in the magic of compounding returns from holding quality stocks long term. That's just what Warren Buffett does and that's how he become a billionaire!
A good example would be my investment in $DBS GROUP HOLDINGS LTD(D05.SI)$ which has jumped 28% since I bought its shares 2 years ago and is paying me juicy dividends of 5.1% yield every 3 months while I wait for capital growth.
Sell In May and Go Away strategy implies trying to time the market. That's not a good idea especially if you lock in a loss. I believe Buy And Hold is a truly a better strategy for it is time in the market that counts, and not timing the market.
@MillionaireTiger
wiil you guys stay in May?