Chat with us in Facebook Messenger. Find out whats happening in the world as it unfolds.

The bull market is ten years old. Heres how it can keep climbing

The bull market is ten years old. Heres how it can keep climbing

Birchbox CEO: Were obsessed with people, not beauty

Crowdstrike CEO sees opportunites in the cloud

Investor stays bullish despite Beyond Meat downgrade

Uber CEO pins poor IPO partly on Trump tariffs

Global Payments CEO: Pace of innovation is driving deals

Companies team up to build electric car charging network

This is the worst case scenario for the US-China trade war

Why this investor says women make better entrepreneurs

Why this pot investor compares cannabis today to the end of Prohibition

Luckin Coffee CFO: Focused on bringing down costs

New York (CNN Business)Should I really sell stocks in May and go away like that old Wall Street saying suggests?

No! One of the worst things that an investor can do is try and time the market. Staying fully invested makes much more sense.

Yes, the market historically does better in the fourth quarter. Returns have tended to be solid from October through December as investors anticipate strong sales and profits for Corporate America during the holiday months.

And, sure, this May is off to a rocky start because of US-China trade tension. But its a myth that stocks will definitely fall during the supposedly sleepy summer months as traders head to the beach.

Earnings, trade and the Fed matter more than the calendar

During the past three years, the S&P 500 has actually gone up between the beginning of May and end of September, thanks in large part to solid corporate earnings and continued economic growth.

Blindly going to cash and waiting…to re-invest hasnt been the most profitable strategy lately, said LPL Financial senior market strategist Ryan Detrick in a recent report.

Investors cant take the summer off especially this year when the United States and China might finally reach a trade deal and the Federal Reserve may drop more hints about a future rate cut later this year, said Fabiana Fedeli, global head of fundamental equities at Robeco.

Both of those events would probably push the market higher, not lower.

I have a feeling that at a time where there is so much news flow, selling in May and going away is probably not the smartest thing to do, Fedelli said, adding that her firms clients have been quite active during the summer months for the past few years.

The current market volatility still hasnt hurt buy-and-hold investors all that much.

is still up more than 10% this year while the

is up nearly 20%. And all three indexes are not too far from all-time peaks.

Record highs tend to be supportive of, rather than detrimental to, near-term returns, said Mark Haefele, chief investment officer with UBS Global Wealth Management, in a recent report.

A sell-in-May strategy lowers long-term returns. We believe its important to focus on time in the market, rather than timing the market, Haefele added.

These economic indicators matter most to President Trump

These economic indicators matter most to President Trump

That doesnt mean that stocks are definitely going to head higher over the next few months.

Steve Rhodes, editor of the Mastering Probability investing newsletter, says investors should be on guard this summer for a possible sell-off.

But its not because of seasonal trading patterns. Its because there are worries about a global slowdown.

Look at the data not the calendar, he said.

Whats the best way to invest for the long haul? Are bonds better than stocks? Do you have questions about how to build wealth? Ask us

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poors and S&P are registered trademarks of Standard & Poors Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates.

©2019CableNewsNetwork.TurnerBroadcastingSystem,Inc.AllRightsReserved.