So you are buying and holding the rest of the year?
Good morning everyone,
Here's an interesting look at the January Barometer that I thought I'd share:
since 1961, the S&P 500 has finished January positive 33 times (34 including 2017)
of those 33 instances, the index went on to finish the year higher 28 times for an impressive 84.9% win rate
the average profit for Feb-Dec in those 33 years has been 10.4%, and the average profit for Feb-Dec in the 28 "winning" years was 13.9%.
James Koford, CFP®
So you are buying and holding the rest of the year?
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Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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