When It Gets to May, You Might as Well Stay

May is only half over, but it’s more than time to call “sell in May and go away” a losing strategy.

That’s not just because the market is on a pace to double its year-to-date returns this month, meaning that someone who bailed out at the end of April already is feeling regrets.

Instead it’s because market axioms and rules of thumb tend to be more about comfort than investing logic, and the comfortable path seldom is the best one for most investors.

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