Sell in May and go away: Why the old adage might be true this year Investing “Sell in May and go away, don’t come back until St Leger’s Day”. The phrase is an oft-quoted investment adage, referring to the Doncaster St Leger’s Stakes horse race in mid-September, a favourite fixture in the financial world. In the past, wealthy investors took the summer months off, causing a drop in trading activity and [...]
Should investors sell in May and go away? Investing "Sell in May and go away, don’t come back until St Leger’s Day" is an often quoted adage, but does it actually work?