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Should You Sell in May and Go Away?
By Seedly  •  April 26, 2021
You might have heard about the famous saying in the stock market that goes: “Sell in May and go away.” With May fast approaching, are you wondering if you really should sell in May and take a break from the stock market? Source: Giphy We’ve got ya covered, mate! What’s “Sell in May and Go Away” All About? The famous adage states that we should sell stocks at the start of the warm weather in May and reinvest only when the cold weather starts in November (the “summer” months). Investors have a belief that when the warm weather begins, the lack of market participants (probably due to vacation breaks) can make for a lacklustre market period. On the contrary, the months between Halloween and May Day (the “winter” months) produce better stock market results. The chart below shows the “sell in May and go away” strategy seems to work,...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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