A couple of obervations:
If you buy on the 1st day of December, you must be discouraged because you have been waiting for Santa, yet he is not here. 38% of the time, your investment will go down in value when you held through middle of the month. If you feel discourage and feeling like throwing in a towel. Don't.
That is because if you have the courage to hold till end of the year, 94% of the time, the value of your investment will go up by an average of 3.4%. I think to buy around this time frame is a high probability event.
Assuming you have bought at the wrong time, i.e. beginning of the month, you still have 81% of the chance to make 4.74%.
Just hang in there, Santa is coming to town.
2 comments:
window dressing activities by fund managers =/
not really by fund managers, probably the glc or individual investors? perhaps most of the fund managers has went overseas for hoildays
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