"October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February."
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
Monday, October 31, 2011
Best month in a decade
Turns out this past October was one of the best months for stocks in a decade. Popular wisdom holds however that October is usually a bad month for investors. However, I subscribe to Mark Twain's view of stock investing:
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