Sell Rosh Hashanah Buy Yom Kippur

Each year at this time, people ask, “Is it sell Rosh Hashanah or buy it?”

The adage is definitely to sell Rosh Hashanah and buy Yom Kippur, which was derived many decades ago when Jews on Wall Street would sell their stocks before the High Holy Days began, not work over the holidays and then come back to work and buy.  And even though, that trend has diminished over the years, there remains a negative bias.  This year, it’s September 17 through 26.

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Paul Schatz, President, Heritage Capital
Paul Schatz, President, Heritage Capital
If you have at least $250,000 of investable assets and would like to schedule a complimentary meeting, call, or video conference with me, please click on my calendar here email me at Paul@investfortomorrow.com or call the office directly at 203.389.3553.

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