Hope for your financial life and beyond

Should We Sell in May and Go Away?

Stock Market GraphNo sooner has the ink dried on the April 15 tax returns, than investors are bombarded with cries from Wall Street to “sell in May and go away.” It can be a rather confusing statement, especially for a new investor. I know the first time I heard it many years ago I thought, “Why would I sell? I did all this research to purchase the right investment and now I’m being told to give it up? What gives?”

I learned quickly that the adage “sell in May and go away” is an investment strategy designed to take advantage of the seasonality of trading that seems to exist within the markets. In essence, an investor should sell stocks in May and buy back  near the first of November. They would then hold these stock positions through the next April. Rinse. Spit. Repeat…year in and year out.

Why would an investor do this?

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In All Labor There is Profit (Proverbs 14:23)

in all labor there is profitWe have been working our way through the seven core concepts or themes found in the Bible that deal with the topic of money. Today, its time for us to go to work, so grab your lunch pail and your tool belt. Here we go.

There is an interesting story in the book of Nehemiah. Nehemiah has been granted permission by Artaxerxes, King of Persia, to return to Jerusalem and rebuild the wall around the city that lies in ruins. [Read more…]