History Says the Stock Market Has a 95% Chance of Gains Over the Next Year: 3 Top Index ETFs to Buy Before November
The S&P 500 has risen in 95% of midterm election years since 1938.
Overview
September is widely considered the most volatile month for stocks and generally one of the worst-performing months. Midterm election years only tend to add to that volatility.
However, stocks historically perform very well in the 12 months following a midterm election. In fact, the S&P 500 (SNPINDEX: ^GSPC) has risen 95% of the time in the year following mid-term elections since 1938. And since 1950, the S&P 500 has generated an average return of 14.5% from November through November of the following year, according to research from Fidelity.
Details
There aren't many sure things when it comes to investing, but buying stocks right before going into a mid-term election or shortly afterward has been as sure a bet as one can make historically. Against that backdrop, let's look at three index exchange-traded funds (ETFs) to buy right ahead of the mid-term elections.
Source
Originally published at www.fool.com.