Invest
Sell in May and Go Away
By My Sweet Retirement  •  April 25, 2016
The month of April is ending and the month of May is coming. As an investor, have you heard of the old saying “Sell in May and Go Away“? The phrase suggest that investors should sell off their stock portfolio in May and only return in fall. Fall is another term used for Autumn in America. There is no fall in Singapore. Being curious about how the old saying came about, I decided to do some research. The full phrase actually goes like this
“Sell in May and go away, do not return until St. Leger’s Day.”
The saying actually dates back to old England whereby the stock brokers will go for their summer vacation in May. They will return to work in September. The final horse race season ends in September and the stocks brokers will only return to work after the horse racing season ends. Does the ......
Read the full article
By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance