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Podcast: Be Wealthy & Smart
Episode: Sell in May and Go Away?
Description: Learn why May is a difficult month for the stock market. April was upon 12.7%, the best month since 1987. Q2 GDP was -4.8% and Q3 is estimated to be -30%. We are in a recession and a deflationary period. How should you invest now? Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299...