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May is over and no doubt you all followed the old stock market adage: But does the old saying have any validity? In the early part of the last century it was almost a self-fulfilling prophecy: More recently, selling in May and May would have seen you avoid the worst falls of the banking crisis. But in May share prices surged in a post-crash recovery.
And of course, st ledger day buying opposite you do sell in May and then re-invest presumably on the Monday after the St. What about other traditional advice? Yes it does, but only in the short term. Even poorly performing shares and badly managed investments will do well in a raging bull market. This saying was first attributed to Baron Rothschild in the 19th Century: Going against the crowd and the perceived wisdom is very hard — but it pays off in the long term.
On March 3rd — in the middle of the global financial crisis — the stock market fell to 3, Everything was marked down — irrespective of how well individual companies were performing.
As I write this morning, the FTSE is at 6, — once again within touching distance of its all-time high. These traditional maxims — and investment advice from people like Warren Buffet — are really interesting.
Investments have to form part of an overall financial planning strategy: As you know, long term financial planning is what Xentum is all about. But enough of sensible, sober financial planning. The World Cup starts on Thursday — and bluntly, I have a complaint to make. So much for natural justice.
So much for fairness. So much for equality in the workplace. I might as well have drawn Outer Mongolia and The Moon. Meanwhile Claire — who has the truly irritating habit of winning every Xentum sweepstake — is wandering around wearing a smug expression and alternating between the national anthems of Brazil and Argentina.
Or will the lurking South American mosquitoes find a sundried Wayne Rooney too tempting to resist…. Get fit; lose weight; sort my finances out. Get in touch to learn more about how we help our clients or to book a free consultation. Whatever your situation, we can help solve any challenges you might be facing.
Investments are an important st ledger day buying opposite of what we do in the context of the overall picture. As long as we think we can make a difference to your financial security we will find a way of working that works for you. We have been in the marketplace for 13 years, we have a proven track record and have grown — and helped our clients to grow — st ledger day buying opposite the recession.
To contact the Financial Ombudsman Service, please visit www. Sell in May and Go Away? I got wait for it… Japan and Ecuador. Tweet Share Plus one Pin It. Sign-up to recieve our blogs Email address. The Real Cost of Higher Education. Contact us Get in st ledger day buying opposite to learn more about how we help our clients or to book a free consultation.
Is it to do with investments? Do I have enough money to need financial advice? Why should I choose Xentum? Am I protected and what st ledger day buying opposite the risks?