【Thursday Special】Will You Sell In May And Go Away?
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?
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.
Tips:
Everyone who shares specific experiences or strategies will be rewarded.
No coins for the exact same one.
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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?
how's yours @Viv22 @LMSunshine @KYHBKO @Tigress02 @Universe宇宙 @kungpao @wine18 @cindyft @Xian789 @MTok