Sell in May and go away? It's typically a good idea, according to stats from Jeffrey Hirsch. If...

|By:, SA News Editor

Sell in May and go away? It's typically a good idea, according to stats from Jeffrey Hirsch. If you put $10K into the market on Nov. 1, 1972, and sold everything on April 30 and rebought on Nov. 1 every year, you'd have more than $160K today - average annual return: 7.4%. If you’d done the reverse, investing every May 1 and selling every Oct. 31, you’d have $7,863 - average return: 0.4%.