From May 2014
There are a number of investment adages or clichés. Since “Sell in May and Go Away” is upon us, Executive Vice President and Chief Investment Officer Ron Joelson and Vice President of Investment Advisory Services Mark McLennon take a look at financial adages and see if there is any truth to them. Find out what they think of phrases such as:
- Sell in May and go away.
- Don't fight the Fed.
- One report isn't a trend.
- Buy the rumor; sell the news.
- Buy when you have the cash to invest; sell when you're ready to de-risk.