If you thought August was bad, get ready for the worst month for Canadian stocks

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In the past 10 years, the TSX has dropped an average 1.5% in September

After enduring a bumpy ride in August, investors in Canadian stocks need to brace for more volatility in September, typically the worst month of the year for equities.

Don’t write off September just yet though, as the month has had its share of gains. The index has risen six of the last 10 Septembers, though massive declines in 2011, 2014 and 2015 pushed the average lower.

 

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