History Says the Midterm Elections Make October & November a Great Time to Buy Stocks
We're about to enter what's historically been a very strong period for U.S. stocks.
Overview
A lot is made of stock market returns during midterm election years. Historically speaking, year three of the four-year presidential election cycle has produced the best returns for the S&P 500 (SNPINDEX: ^GSPC).
According to Fidelity, the index has gained an average of 14.5% in the full calendar year following the midterm elections, with a 95% success rate of delivering positive returns. The next-best performer is year four, with a 9.1% average return and a 72% success rate.
Details
But the good news doesn't stop there. History also shows that we may be entering two of the best months to be invested in stocks.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.