The summer fluctuations have taken us on an interesting ride. Since The Seasonal Investor's divestment date, the markets are down about 1.8%. We are now at the point in the investment cycle that is investment day. At the close of the market on October 27 The Seasonal Investor will once again reinvest in the market. As the countdown timer to the right indicates, there is 1 day until the date for investment in the market.
Once again, there were no attractive alternatives for summer savings for The Seasonal Investor. From May through most of October, The Seasonal Investor parked his funds in an online savings account paying an annual rate of less than 1%, making this year as among the worst in The Seasonal Investor's history. However, investing in the markets over the same time returned no better return with significantly increased risk.
The Seasonal Investor extricated himself from the market with the S&P 500 standing at an average level of 2108. With one day to go, the S&P 500 stands at 2071, a loss of 1.8%, worse than being in cash over that time. Over the summer, the index had lower higher but has risen recently. At the end of the day on Tuesday we will know the final tally for all of it.
So, starting at the close of the market on October 2&, 2015, SPY IS WHERE TO BE!
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