Sunday, May 1, 2016

Sell in May and Go Away? Not so fast!

May 1, 2016
USA Today: Sell in May? Not so fast!

I haven't read the article but it's pretty obvious what it has to say.

It's May 1st. You tried to sell. You couldn't do it though. Roughly 70% of the time you can, but not this year. Slow down. Relax. There's no need to panic. It's the weekend. You just need to wait one more day. ;)

In all seriousness, you probably can still sell today.

You just need a bit of luck. Wait for one of the world's many telemarketers to contact you. Not just any telemarketer though, you need one that wants all of your personal information before you can win the big prize.

Be sure to share your brokerage account ID and password with him, in addition to Social Security, banking account, and credit card numbers, of course. Then simply ask if he'd be willing to sell your stocks and place the proceeds in your checking account. In my experience, the vast majority will agree and most will even thank you for the opportunity! If you are looking to sell in May this year, as fast as humanly possible, it just doesn't get any easier!

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