By Al Emid via Iris.xyz
SELL IN MAY AND GO AWAY
Not a good idea …
Every serious activity has time-honored rules requiring adherence by those involved. Journalists have to make their deadlines or collapse in the attempt. Doctors have to be ‘right’ 100% of the time. Teachers have to stay calm, no matter what their students do or say.
And investors sometimes confront the ’Sell in May and Go away …’ rule.
Many believe that this rule has its roots in the agricultural sector where an individual would pull out their capital over the Summer months to pay for production and then return it to the market in the Fall as crops were harvested.