by Jon S. Strebler
Yes, we’ve had this conversation before. But this time, with a slightly different focus. Just starting off, the idea is that markets tend to act erratically during the summer months. Costly whipsaws are more common, profitable trends less so. Thus, the suggestion that one cut back on all but long-term investments as May rolls around and just travel, or catch up on your reading, or whatever else besides playing the markets. Come September, we pick up where we left off, relaxed and refreshed for having sat out the warm months, and probably better off for not getting jerked around by summer’s deceitful markets.
Well, that’s the idea anyway. How true it is ... that's a matter of great debate. In any case, May is now upon us, but I’d like to make the case for summer (in the context of how we’re considering it here) actually having started a ... Log in or subscribe to continue reading.