What's the worst month for stocks? The answer may surprise you, it did me. We take 2 minutes to talk about it, and why it matters.
The Worst Month For Stocks
My guess for the worst month would have been January. But, I would have been wrong. The worst month has been August. The average monthly return for August since 1994 has been -0.59%. In fact only two months have negative returns, on average.
August is a bad month for stocks. But that doesn't mean you should make any major decisions. In the past 25 years, August produced gains in the stock market 17 times. But 8 times stocks fell during the month left their mark.