by Doug French via Mises
May is on its way, and the old investment saw, “Sell in May and go away,” will be tested once again. Jared Blikre, writing for Yahoo Finance, provides the history behind what may or may not be good advice. “The full axiom was originally, ‘Sell in May and go away, and come on back on St. Leger’s Day,’” he explains. “It has its roots in the City of London. Financial professionals would go on holiday in May for approximately four months to escape the summer heat and return for the St. Leger derby in mid-September.”
May is on its way, and the old investment saw, “Sell in May and go away,” will be tested once again. Jared Blikre, writing for Yahoo Finance, provides the history behind what may or may not be good advice. “The full axiom was originally, ‘Sell in May and go away, and come on back on St. Leger’s Day,’” he explains. “It has its roots in the City of London. Financial professionals would go on holiday in May for approximately four months to escape the summer heat and return for the St. Leger derby in mid-September.”
While we’re told there’s a pent-up demand for travel, people’s phones and trading apps will still be close by, begging for attention in the summer sun. Robinhood and Coinbase alerts won’t hide from the weary traveler parked under an umbrella, toes in the sand, piña colada in hand.
Concept by Kankana Roy Choudhury; Muhabit ul haq
Synopsis
The active CCP is a portfolio of high-quality stocks with high ROE and strong fundamentals. But many a time, it comes with a huge cost that eats into the returns. Index funds and factor funds could be the low-cost alternatives to high-cost CCPs. But are they feasible for DIY investors?
Creating winning portfolios is a science and an art. Investors, both professionals and the DIY (do it yourself) ones, know that there are no perfect solutions. This is true for momentum as well as value-investors. The problem gets tougher when the stock market is coming out of the Covid-19 crisis and returns are almost 100% up from its March 2020 lows. So, how will you build a portfolio, especially when you are a DIY investor?In this case, the