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"Sell in May" is turning out to be out to be the right call for stocks.
Even though I have reduced my investment activity I still visit certain sites daily and came across the article linked below. Seems Old_Skeet's market barometer is turning out to be a pretty good market blood hound.
Three weeks into May...how about we let this play out a little bit?
My portfolio which is unscientifically 60/40 is doing as well, maybe even a little better, this month compared to my prior 2017 month to month performance.
I might add...consider looking outside the US when deciding on adding equities and bonds.
Old_Skeet did not write the article ... just posted it. Although, I agree with much that was said ... I too think it a little early to make the claim, although it works more times than not, that it worked this year. It does state in the article ... "thus far this year." Interestingly, my barometer does indicated that some of the underline footings, of the 500 Index, are starting to soften. And, I'm thinking price will follow if this softness continues.
Anyway, I am now at my summer asset allocation awaiting investment opportunity while I enjoy many summer associated activities.
Comments
My portfolio which is unscientifically 60/40 is doing as well, maybe even a little better, this month compared to my prior 2017 month to month performance.
I might add...consider looking outside the US when deciding on adding equities and bonds.
Regards,
Ted
Busting the Sell in May and Go Away Myth:
https://portfoliosolutions.com/latest-learnings/blog/busting-sell-may-and-go-away-myth
Old_Skeet did not write the article ... just posted it. Although, I agree with much that was said ... I too think it a little early to make the claim, although it works more times than not, that it worked this year. It does state in the article ... "thus far this year." Interestingly, my barometer does indicated that some of the underline footings, of the 500 Index, are starting to soften. And, I'm thinking price will follow if this softness continues.
Anyway, I am now at my summer asset allocation awaiting investment opportunity while I enjoy many summer associated activities.