Every year, when spring rolls around, investment folks trot out a favorite catchphrase: “Sell in May and go away.” This is based on the idea that the stock market lags during the summer, as people go on vacation. And while it may sound hokey as an investment rule, it’s hardly the only one. There’s [...]
Is it time?
A few days ago, someone challenged me with this question: “Following the market’s most recent banner year, should we just sell everything and get out?” The question is understandable. Since hitting bottom in 2009, the U.S. stock market has quadrupled in value, including a 30% gain in just the past [...]