I have several friends that are do-it-yourself investors (you know who you are). I hear their stories of moving between mutual funds in their 401k accounts. Or they bought this stock and sold that stock. Some investors even believe in selling everything in May! However, just being in the markets is enough for most people. Play along, keep expenses low and avoid stupid mistakes with your money by leaving it alone! The chart below was created by American Funds and helps visualize why you should not sell out of your investments (even when the markets go down).
So what do you say…should you “sell in May and go away?”