It’s that time of the year again when stock market lore advises investors to get out of the market and go on holiday for six months.
Markets have been off to a bad start this April. However, the month has historically been a strong one.
Since 1990 the market has returned 0.2 per cent in March on average, with returns positive in 54 per cent of years.
In an average February shares tend to rise strongly on the first trading day and then trade flat for a couple of weeks.
January used to be one of the strongest months of the year for shares - not so much anymore.
For the past 47 years December and April have been the best two months of the year for shares.
Typically a slow month, November is the perfect time to build up exposure to the market.
Rewarding spells may be marred by some serious meltdowns.
Equities tend to fall in the month, but gold often shines.
Could the first total solar eclipse in the US since 1979 prompt lower than average stock market returns in August?