My top six reasons to buy shares today
A long-term investor does not care about the here and now; what matters is whether the investment will be worth more in the future
[SINGAPORE] It is May. This can mean only one thing – it’s time for those articles that drone on about selling in May. It goes without saying that some advocates of the old saw will be proven right. It is after all a 50-50 call. The month of May could turn out to be a wash-out for shares. Consequently, sometimes naysayers of the market will be proven right and look like absolute geniuses. Even a broken clock is right twice a day.
But selling in May is nothing more than just another market-timing strategy – a very crude one at that. It has been shown time and again that time in the market is more important than trying to time the market. As far as I am concerned, bring it on. Sell in May by all means. But I will be buying, regardless.
Mark Twain once said: “October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”
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