Sell In May and Go Away - A Moment for Reflection
@koolgal:
🌟🌟🌟As the golden days of May yield to the promise of June's uncertain horizon, investors are often reminded of the age old maxim "Sell in May and Go Away". This saying, echoing through market lore, cautions that the warmth of summer can bring its own set of challenges, often urging a pause, a moment to lock in gains and a temporary retreat from the bustle of trading. Yet within this well worn phase lies a perrenual debate : Is it wise to retreat and safeguard my profits, or should I embrace the evolving market narrative, trusting that the very challenges of May may conceal opportunities for long term growth? Fortunately for me, I did not heed the advice of "Sell in May and Go Away". I have always believed that DBS, OCBC and UOB are the bedrock of the Singapore economy