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Stay Afloat Through Summer's Swings
Historical data shows that the S&P 500 experiences an average decline of 7.1% from June to August over the past 50 years, challenging the old adage 'sell in May and go away.' This pattern highlights the importance of being present during market volatility, especially for long-term investors and younger investors. Additionally, evidence from Ritholtz Wealth indicates that since 1950, 28% of the years have seen the market's best and worst days occur within the same week, emphasizing the unpredictable nature of the market.