Sell in May, a right decision?

The Straits Times Index (STI) continued to decline today. It was now 3,295.13 points. This is now down 2.0% since the start of this year.

If investors sold off STI component shares on 28 May (when the STI was still above 3,400 points), they would be better off today. From 28 May onwards, the STI declined 3.5%. This is significant and it dragged the STI under-water.

Date STI
31 Dec 2014 3365.15
30 Jan 2015 3391.20
27 Feb 2015 3402.86
31 Mar 2015 3447.01
30 Apr 2015 3487.39
28 May 2015 3417.77
29 May 2015 3392.11
9 June 2015 3295.13

Copyright © 2015, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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