October 2018 has been more than a little uncomfortable for investors both locally in South Africa and abroad. Global stock indices have recorded dips of between 6% and 10% as investors begin to question equity valuations when interest rates have begun to rise.
And given that many infamously dark days in Wall Street history — including Black Thursday and not one, but two Black Mondays — took place during this month, perhaps those folks are justified in being spooked. Or are they?
In the “What’s Up, Alison?” segment from this episode of the Motley Fool Answers podcast, Alison Southwick and Robert Brokamp do the research and reveal whether it’s October, or some other month, that is most likely to do something gruesome to your portfolio. They also have some advice about mistakes not to make when it comes to playing the dates game in the stock market: