This week's Money For the Rest of Us Plus episode discusses why investing is a loser's game but still requires investors to make some active decisions. I also answer a Hub member's question regarding whether the data I use to make portfolio and risk management decisions is statistically significant. And finally we look at a study that is statistically significant that indicates there is some definite seasonality to the stock market. The episode length is 18 minutes. … [Read more...]
How I Positioned My Portfolio For Positive Seasonality
In the recent audio lesson Seasonality and Stock Returns, I described the powerful late year upward bias in stock market returns compared to the summer months. I mentioned I usually increase my stock exposure during the latter part of the year to take advantage of this phenomena. In this essay, I describe the specific portfolio changes I made this year to take advantage of the seasonality effect. I usually adjust my stock exposure directly through ETFs, closed end funds and/or mutual … [Read more...]
Seasonality and Stock Returns
The phrase "Sell In May and Go Away" is true as stock returns are lower in the summer. In this audio lesson I share: How lower stock returns in summer refute the efficient market hypothesis. Examples of the superior returns achieved from October through January. The powerful returns during the third year of a U.S. Presidency. How I adjust my portfolio to take advantage of seasonality. The lesson length is 7 minutes Audio Lesson Download this audio lesson Lesson … [Read more...]