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Post by Fletchsmile on Sept 9, 2015 20:02:22 GMT 7
So did you sell in May and go away.... ?
and are you back again on St.Leger's day?
This year looks one where that could really have paid off
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Post by Fletchsmile on Sept 9, 2015 20:04:01 GMT 7
From the Torygraph ============================== Should you buy again on St Leger Day? Perhaps we should have more faith in the old US stock market adage n the 65 years since 1950, the US stock market has returned just 0.3pc on average between May and October. That compares with a 7.5pc average return from November to April. This significant difference is the justification for the well-known adage: “Sell in May and go away, buy again on St Leger Day.” St Leger is the day in September when the horse race of that name is run. It is the traditional end of the season and so its use in this investing saying is short-hand for being out of the market during the less profitable summer months and fully invested in the winter. The St Leger Day meeting begins next Wednesday. I’m not a great fan of seasonal investing approaches. Some years they work and some they don’t. But this year has been a fantastic advert for Sell in May. All around the world, stock markets hit cyclical peaks in the spring and have since fallen sharply as investors fretted about slowing growth in China, falling commodity prices and the threat of higher interest rates. Stock Trader Clutching His Head in Front of a Screen Showing a Stock Market Crash contd. www.telegraph.co.uk/finance/markets/11846232/Should-you-buy-again-on-St-Leger-Day.html |
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Post by Deleted on Sept 9, 2015 23:24:46 GMT 7
I'm going in over the next few days - there's a few bargains to be found.
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Post by Fletchsmile on Sept 10, 2015 9:42:41 GMT 7
For UK based equities I added to the following investment trusts yesterday: Edinburgh Investment Trust (EDIN:LN) Finsbury Growth and Income Trust (FGT:LN) Lowland Investment Company (LWI:LN) I see them as long term holds, and the average div yield of the 3 is just over 3%, so better than sat in cash, with growth potential. UK stocks don't feel expensive after pull backs, eg FTSE100 at 61XX If buying thru UK I've a slight preference for unit trusts. But as I was buying thru Singapore it's easier to buy UK investment trusts than unit trusts thru Singapore Cheers Fletch  |
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Post by rgs2001uk on Sept 10, 2015 20:49:08 GMT 7
^^^^, Edinburgh I already hold, will need to have a look at the other two mentioned.
Like yourself I am looking at the long term, eg 10 years +.
Offloaded some stragglers and now have about 2 million baht to invest, just dont know where to park it.
The more I think about it the more I am inclineded to just dump it into Scottish Mortgage.
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