Wake me up when september ends
Have you heard of this phrase before? If you google it, you will most likely find that it is a song from green day, an American rock band, Green day in the year 2005. It's a great song. If you have heard of it, we are most likely around the same age, but this is not a song recommendation post.
I think everyone is reeling from the pains inflicted by the stock markets, well unless you are a shortist. My portfolio has not been spared as well though there are some bright spots. I am actually looking forward to the opening of Hong Kong. About time! Which means most likely China's reopening will be soon. Hong Kong has always been like a test balloon nowadays for mainland China. Well, at least that's my thoughts.
Take heart that September is ending. As for some reason, the stock market tends to perform badly in September ( i didnt really dig for the details, but if you are curious, perhaps this is something you may want to look into!) thus this song is very appropriate for investors world wide. Have a read of this article. It's from Wharton School of the University of Pennsylvania, it's definitely not some dodgy source. It's interesting how the stock market follows a certain general broad pattern though investors are individual unique entity. Perhaps this is just a matter of self fulfilling prophecy. Ignoring the fact that there's indeed alot of negativities around us, why does September tend to be the worst month? Is it because alot of people subscribed to the belief that market tends to crash, that's why everyone sells it down, and then when it really crashes, people start to say " see, i told you so."
I am so looking forward to October!