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Myths are resilient. They seem to be believed even when accumulating evidence doesn’t justify them. Such is the case with the sell in May flawed wisdom. Simply put, it is wrong. When investing, the historical database supports a buy and hold strategy. Here is a Link that documents that conclusion:
From that article: “ The clear winner in this three horse race was a buy and hold investment strategy”. Indeed, myths are resilient, but the data shows the hard truth. So, stay the course!
Comments
Myths are resilient. They seem to be believed even when accumulating evidence doesn’t justify them. Such is the case with the sell in May flawed wisdom. Simply put, it is wrong. When investing, the historical database supports a buy and hold strategy. Here is a Link that documents that conclusion:
https://www.forbes.com/sites/rickferri/2013/04/08/busting-the-sell-in-may-and-go-away-myth/#58a398878808
From that article: “ The clear winner in this three horse race was a buy and hold investment strategy”. Indeed, myths are resilient, but the data shows the hard truth. So, stay the course!
Best Regards