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Market Mondays

Plan For 2024 Now! Invest In Stocks This Month

Market Mondays

EYL Network

Entrepreneurship, Business, Investing

5.04.1K Ratings

🗓️ 15 September 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

Get a jumpstart on your 2024 financial goals! Dive into this video to discover the top stocks to invest in this month and set yourself up for success in the upcoming year. Don't miss out on these prime investment opportunities! #2024 #invest #stocks 


Link to full episode: https://youtu.be/F5LxuUoMLAQ?si=gNxTMouu2LKfjOA2

 (https

://youtu.be/F5LxuUoMLAQ?si=gNxTMouu2LKfjOA2)



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Transcript

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0:00.0

September is historically a bearish month for the market, so should you hold off and investing

0:06.8

this month or should you wait till October? What's the deal? I think September is a great month to

0:12.2

invest. You want to look, especially like if you can catch like the second or third Tuesday of

0:23.8

this month when things are down because everyone feels safer when a market is consistently going

0:29.5

up and then buying. You want to buy when there's a lot of bleeding in the streets. It's not fun

0:35.6

to buy something and then everything's dropping down dramatically, but what's even worse is to buy

0:41.6

in a bullish market and then it turns around you so fast and then you end up losing our hope.

0:46.3

That but going back to the sale thing, they'll train us when something is 10 or 15% off that

0:52.0

is a good deal when it's really not. It just really tells you that they could sell the good or service

0:57.6

for that price normally. But when the stock market is dropping down, 3% 10% everyone's panicking

1:04.0

and they're avoiding to be their long term. So opposed to buying on the months where things are

1:09.2

at extreme highs and doing really well, like in January, it's better to buy in August and September

1:15.3

when things are normally at a low and there isn't as much liquidity or volume and then

1:20.1

write them up until the gains of January for the next year. I got you on that. I was reading that

1:25.0

wrong, but I understood what you were saying from a standpoint. Yes, historically, September has

1:30.5

been the worst performing month since 1950. Actually 29. It's on average like 2% down since 1929.

1:38.5

1929. I was going to give you a percentage for 1929. But 1929 for the S&P ended down. But there's

1:45.2

a lot of things that are happening in September, right? So we talked about the third week of the month.

1:50.4

So witching is happening in September. You got the CPI report that's happening in the PPI report

1:55.9

and then the Fed meeting is happening. So there's a lot of things that are happening. So people did

2:02.0

like studies on it. If you look it up like why September, why September? Well, it's the start of

2:06.8

a financial year. I know for an edge, it was the start of a school year, but a lot of people,

...

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