I have always been amused by the calendar superstitions of investors e.g. US investors :"Sell in May, come back on Presidents Day".. as if it's a proven rule?!
However, it's always good to challenge a prejudice, so I went to scrutinise US Equity returns since 1950 to see if there was indeed any seasonality.. there's a great website that provides the details and.. uh ho.. September is the worst month..
Here's the good news, though.. October to December is (historically) has been the best Quarter..
