Academics and the media do a pretty good job of warning the investing public of September’s historically poor performance. In fact, many investors become alarmed each year as August comes to an end and the various dire studies are paraded around. After all, since 1928, September is by far the worst month of the year with an average return of -1.1%. 39 have been up while 49 have been down. The other 11 months are basically flat or up with […]
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Each year at this time, we hear the pundits roll out the ominous stats regarding the stock market’s performance for September. “It’s the worst month of the year.” “Be careful.” “Do some selling.” Those sound an awful lot like “Sell in May and Go Away.” The thing about compiling market stats is that over decades and decades the averages tend to really smooth out. Additionally, much depends on when you begin and end your study. Further, if you add enough […]
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