Tuesday, May 6, 2014

Sell in May and Go away

I have been a bit nervous this month than any other month as this famous saying goes "sell in May and Go away". It means to lighten up on everything we are invested in or just totally hold everything and don't do anything stupid as it will probably recover after some time of selling. My personal choice is to sell the finance stocks namely my MBT, I dunno though and I might be selling earlier as usual but I am an impatient one and normally want to be safe than sorry.

On second thought it might be a good time to stock up on finance stocks but I'd probably wait until the fed will really apply tapering and all that no more QE stuff and free money. Will there be a correction you ask well my guess will probably be later weeks of May but anyways I'm no fortune teller.

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