Sell In May And Go Away… Or Maybe Not

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 5 July 2023

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Sell in May and go away is an aphorism which always works... Sort of.

Ok, not always, most times... Not really. ok sometimes.

This time tested principal sometimes works. If you combine that with the 3rd year of a presidential cycle, higher than normal interest rates, dropping inflation, over-priced assets, housing problems, and a war (not really a war), and the invention of skynet.Ai, You get...

Well I don't know. Frankly, no one of note has any idea what is going on with this market. While that should not surprise you, it should give you pause.

For more information, visit the show notes at https://moneytreepodcast.com/sell-in-may-and-go-away-517

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.0	Stock market, wealth, personal finance, value stocks, invest in your life.
0:10.0	Hello, Smart Money Tree Podcasts,
0:12.0	listeners. Welcome to this week's show.
0:14.0	My name is Kirk Chisholm and I'll be your host.
0:16.0	I'm once again joined with my good friend Doug Hagerin.
0:18.0	Hey Doug.
0:19.0	Hey, Kirk, good morning. How are you doing today?
0:21.9	Good. Glad to have you back. Doug was on a hiatus. He was traveling around the world, or at least
0:26.4	New England and parts of Canada. It was a nice break for Doug. So what did you do, Doug?
0:32.5	We decided to cram everybody into a car, although we got a bigger car for this trip, and decided to
0:37.4	take it
0:38.0	and drive from Minnesota where I'm based. You know, we talked about Minnesota a few times on the show.
0:43.4	I'm not going to go there, you know, today. We ended up going to your neck of the woods, Kirk,
0:47.8	and I got to hang out with you, which was nice. We ended up driving all the way to the coast and going
0:52.8	up through Newport, Boston, Maine. After
0:56.3	staying there a few days, went into Montreal, down through Toronto, down through Michigan,
1:01.9	Ontario. We did go to Niagara Falls into the Michigan, back to that. So I mean, all and all,
1:06.9	we put about 3,900 miles. I think I turned the car that had six miles on it when we rented
1:13.9	it, and it turned it in with about 4,500 miles on it at the end of the day. But it was interesting,
1:19.4	and I thought this would be interesting for you. We talk about the way we view things here
1:23.6	versus the way we, you know, the rest of the world views things is we actually stayed at a place in Montreal and the woman that owned the place popped over.
	...

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