Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Sell in May and go away !
Old 04-23-2011, 03:58 PM   #1
Thinks s/he gets paid by the post
frayne's Avatar
 
Join Date: Oct 2002
Location: 19th Hole
Posts: 2,528
Sell in May and go away !

Anyone planning to use this strategy in 2011 ?

Just curious.

__________________

__________________
A totally unblemished life is only for saints.
frayne is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-23-2011, 04:26 PM   #2
Recycles dryer sheets
Packman's Avatar
 
Join Date: Jan 2011
Location: Phoenix
Posts: 303
I may sell of few equities, but not because it's May, but because they have had a nice run and I'll take some more profit out. Last year I sold enough to pay off the mortgage ($170,000) and my portfolio is still higher than it has ever been. Of course I'm still contributing to my savings, as I'm w*rking for another month.

My problem will be in where to put the profit I'm taking from equities. I'll put a bit in a short/intermediate term bond fund. After that??
__________________

__________________
Retired on 5/31/2011 at 54
Packman is offline   Reply With Quote
Old 04-23-2011, 04:36 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 8,587
That old chestnut sure hasn't worked recently.

S&P 500
May 28, 2010 1089.41
Oct 1, 2010 1146.24
Net gain: 5.2%
__________________
Pas de lieu Rhône que nous.
braumeister is online now   Reply With Quote
Old 04-23-2011, 05:38 PM   #4
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
I sat through the last down turn so I can sit through anything, I think. So I'll just sit the way I am and see what happens.
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 04-23-2011, 05:48 PM   #5
Thinks s/he gets paid by the post
Onward's Avatar
 
Join Date: Jul 2009
Posts: 1,664
Quote:
Originally Posted by frayne View Post
Anyone planning to use this strategy in 2011?
Nah.
__________________
And if I claim to be a wise man, it surely means that I don't know.
Onward is offline   Reply With Quote
Old 04-23-2011, 05:48 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 8,616
Quote:
Originally Posted by braumeister View Post
That old chestnut sure hasn't worked recently.

S&P 500
May 28, 2010 1089.41
Oct 1, 2010 1146.24
Net gain: 5.2%
Nice data mining. I'll try to do you one better.
VTSMX (Vanguard Total US Stock Market Index fund)
May 03, 2010 to 08/31/2010
Net gain: -12%

Of course, you missed some nice actionable downs and ups during that time period.
__________________
LOL! is offline   Reply With Quote
Old 04-23-2011, 06:07 PM   #7
Thinks s/he gets paid by the post
packrat44's Avatar
 
Join Date: Jun 2007
Location: near Canadian border and near Mexican border
Posts: 1,142
Since I am not able to read charts with any certainty to predict the future, I will stay the course (same as in the past) and take the lumps if they occur.
__________________
Pigs get fat, hogs get slaughtered. That's my story and I am sticking to it.
packrat44 is offline   Reply With Quote
Old 04-23-2011, 06:35 PM   #8
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,829
Quote:
Originally Posted by 73ss454 View Post
I sat through the last down turn so I can sit through anything, I think. So I'll just sit the way I am and see what happens.
+1

Besides, if I sold in May we would probably have the greatest market rally in modern times.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is online now   Reply With Quote
Old 04-23-2011, 06:50 PM   #9
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,218
I don't plan on doing any selling due to May. I have been selling this spring, but only because I am building a 3-yr cash cushion that I hope will take me through any downturns once I FIRE later this year.
__________________
steelyman is offline   Reply With Quote
Old 04-23-2011, 06:51 PM   #10
Recycles dryer sheets
JmfromTx's Avatar
 
Join Date: Nov 2010
Location: Houston/Galveston area
Posts: 163
I sold in April when I moved my 401K to Vanguard. It's almost 40% of my investments and it's sitting in a money market fund while I sit on the fence. The more bad news we get the more the market goes up. Somebody needs to make up my mind, cause I don't know what to do.
__________________
JmfromTx is offline   Reply With Quote
Old 04-23-2011, 07:11 PM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,031
No but I have been taking some profits .
__________________
Moemg is offline   Reply With Quote
Old 04-23-2011, 07:12 PM   #12
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by JmfromTx View Post
I sold in April when I moved my 401K to Vanguard. It's almost 40% of my investments and it's sitting in a money market fund while I sit on the fence. The more bad news we get the more the market goes up. Somebody needs to make up my mind, cause I don't know what to do.
If you think you can time the market just sit till it corrects. If not, jump in and close you eyes.

I had to decide in 2006 and I went all in. Almost 5 years later I still have no idea where the market it headed. But I do know it will go up and down.
__________________
Work is something you do to get enough $ so you don't have to....Me.
73ss454 is offline   Reply With Quote
Old 04-23-2011, 07:37 PM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,017
I might possibly sell some gold and silver. Will decide next month.
__________________
Meadbh is offline   Reply With Quote
Old 04-23-2011, 09:09 PM   #14
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 7,884
No, I don't sell in May and go Away.

Instead, I hold and go away April, May and June.

In otherwords, I really only check my allocations each quarter, then if any asset class is off by more than 5%, I rebalance.
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
easysurfer is online now   Reply With Quote
Old 04-23-2011, 09:12 PM   #15
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,616
Quote:
Originally Posted by frayne View Post
Sell in May and go away !
Anyone planning to use this strategy in 2011 ?
Just curious.
Yeah-- in April. Took some profits off the table already and sold a few more calls to those who think the market will be up in August.

Berkshire Hathaway's annual meeting three-ring circus starts on the 30th so we'll see how things pop during the week after. Might need to sell or donate some shares for rebalancing.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 04-23-2011, 09:16 PM   #16
Thinks s/he gets paid by the post
Rustic23's Avatar
 
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 3,624
Thinking about it. OK, so sell in May and Go Away does not work every year. However, this may be the year it does. Gas at $5 a gallon, more money in the money supply then ever before, the market on a good run. For me it seems like the market might be ready for a down turn, correction, what ever. So is it a sell in May and go away, beats me, but, I am still thinking of selling some.
__________________
If it is after 5:00 when I post I reserve the right to disavow anything I posted.
Rustic23 is offline   Reply With Quote
Old 04-23-2011, 10:09 PM   #17
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,032
My AA is currently 49%/51% equity/fixed income. My target AA is 48%/52%, so it's pretty close.

I have a few positions that have done exceptionally well over the past year (commodity ETF, silver, company stock). I think I will sell some of those positions and go to cash. I have prepared a shopping list of stocks to buy during the next market correction. I just have to be patient.
__________________
FIREd is online now   Reply With Quote
Old 04-23-2011, 10:34 PM   #18
Thinks s/he gets paid by the post
 
Join Date: Sep 2009
Location: Hong Kong
Posts: 1,571
Just to confuse matters further: Sell In May and Go Away? History Says No - Seeking Alpha

If I sell anything, it will not be because of the time of year.
__________________
Budgeting is a skill practised by people who are bad at politics.
traineeinvestor is offline   Reply With Quote
Old 04-24-2011, 04:44 AM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2007
Posts: 5,072
This year QE2 ends in June.

Gas prices on the rise may not help for this summer's vacation season.

Still, I intend to stay invested in equity (my allocation).

But I have been thinking about rebalancing before QE2 ends.
__________________
chinaco is offline   Reply With Quote
Old 04-24-2011, 10:24 AM   #20
Thinks s/he gets paid by the post
tryan's Avatar
 
Join Date: Mar 2005
Posts: 2,449
Quote:

Just to confuse matters further: Sell In May and Go Away? History Says No - Seeking Alpha
Interesting chart ... it clearly shows the lions share of gains are Nov - Apr.
__________________

__________________
FIRE'd since 2005
tryan is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Sell in May and go away... Steve O FIRE and Money 19 05-05-2010 11:13 PM
Sell in May this year? Rustic23 FIRE and Money 33 03-29-2010 09:11 PM
When to sell ? Moemg FIRE and Money 40 03-11-2010 10:35 PM
Before you sell walkinwood FIRE and Money 0 11-10-2007 01:26 PM
Sell your GE stock? cute fuzzy bunny Other topics 17 06-24-2005 02:50 PM

 

 
All times are GMT -6. The time now is 10:47 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.