Should Investors Have Sold in May?

The investment adage 'Sell in May' encourages investors to abandon the stock market for the summer, but figures show it's better to take a long-term view

Annalisa Esposito 10 September, 2019 | 3:33PM

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“Sell in May and go away, don’t come back until St Leger’s day” could be words worth heeding for nervous investors, concerned about the numerous headwinds facing global stock markets.

The old saying encourages investors to sell their shares at the beginning of May, when markets are quieter because the big players are on holidays, to then re-buy them on St Leger’s day (a racing meet which usually takes place on the middle Saturday of September).

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About Author

Annalisa Esposito  is a data journalist for Morningstar.co.uk

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