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Home > Archive: June, 2012

Archive for June, 2012

May 2012 - Sell in May and Go Away

June 5th, 2012 at 02:26 am

Cash & Savings: $48,193 => $51,148 (6.13%)
Foreign Currency: $34,176 => $34,497 (0.94%)
Domestic Brokerage: $163,610 => $152,448 (-6.82%)
International Brokerage: $164,865 => $156,982 (-4.78%)
401(k): $80,693 => $80,105 (-0.73%)
IRA: $99,859 => $88,584 (-11.29%)
Roth IRA: $21,642 => $20,498 (-5.29%)
Total Assets: $613,038 => $584,262 (-4.69%)

Summary of this month can be just a copy of what I wrote last month and the dismal performance of global equity market in May once again proves the tried and true mantra 'Sell in May and Go Away'.

Interestingly there's an article on WSJ today that shows a chart of the stock market since 2009 and they look almost identical where it slow builds up the momentum in spring only to collapse in May.