As the calendar hits spring, The Seasonal Investor turns his attention to selling out of the market. And with the onset of May that time has come. As the countdown timer to the right indicates, there is one week until the date for divestment from the market.
Now is the time that The Seasonal Investor looks for summer savings alternatives. From May through most of October, The Seasonal Investor will park funds in cash and cash equivalents. This year appears to be the poorest year for returns on cash in the last decade with interest on 3-6 month CDs running at less than 0.5% APR. Nonetheless, the charts say cash and The Seasonal Investor has learned to trust the carts.
So, starting at the close of the market on May 5, 2009, CASH IS KING!
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