I once got some excellent investing advice around Halloween from a fortuneteller in Salem, Massachusetts.
Whether or not the timing was lucky, I reflected at the time that those were pretty smart questions generally. And they only cost me $10, as opposed to the hefty fees you’ll pay on the street of shame for serial underperformance.Meanwhile, ghosts and ghouls stalk the stock market this October, yet again.
“Our data consists of all 114 stock markets with stock market indexes in the world for which price indexes exist and in total we have almost 63,000 monthly returns. The sample starts with the U.K. stock market in 1693 and ends with the addition of the stock market of Rwanda which starts in 2013,” they wrote.
In 65 countries they had substantial data showing not only stock market monthly returns but also the interest you could have earned each month by keeping your money in a deposit account or short-term bills. “In none of the 65 countries for which we have total returns and short term interest rates available—with the exception of Mauritius—can we reject a ‘Sell in May’ effect based on our new test.
Meanwhile, more recent research has found, for example, that “quality” stocks have tended to do better in the summer months and “junk” stocks in the winter: Another way of saying that you have traditionally got the best rewards for taking on risk from November to May.If you’d sold out of the S&P 500 SPX, -0.61% —or an index fund that tracks it like the SPDR S&P 500 ETF SPY, -0.53% – on the first of May this year you could have bought it back for up to 13% less by earlier this month.
Halloween times… trick or treat
I only take advice from reputable sources.
Wow? Now this you are telling people to buy , wow the hypocrisy 🤦♂️, you just send a tweet telling people to take ther hard earn dollars and buy , sound about , right , tiwitt like this will have people question you guys integrity
Literally
Good, so I buy more $GME like I do the rest of the year.
What the