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 [...]
Bear Market Field Guide, Part III
In the wake of the stock market’s recent 25% decline, investors are faced with three alternatives. The first two are fairly straightforward, but the third is worth some discussion. 1. The first option is perhaps the easiest—to do nothing. If you fit into one of the following two categories, you [...]
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