You might have heard the saying “Sell in May and go away.”
It is an old investing adage that has been around for decades, but does it actually work?
In this blog post, we are going to find out what’s best to do.
We will discuss:
- What is the meaning behind “Sell in May and go away?”
- Does sell in May and go away work?
- Should you sell in May and go away?
- Two reasons not to sell in May and what to do instead.
Let’s get started:
1. What Is The Meaning Behind “Sell In May And Go Away?”
The saying “Sell in May and go away” has been around for a long time.
It was first recorded in 1937 by John Hill via The Financial Times of London.
The original saying was “Sell in May and come on back on St. Leger’s Day.”
This phrase refers to a custom of aristocrats, merchants, and bankers who would leave the city of London and escape to the country during the hot summer months.
St. Leger’s Day refers to the St. Leger’s Stakes, a thoroughbred horse race held in mid-September and the last leg of the British…
