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How to Protect Your Portfolio from September Headwinds

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  • Description

    Ben Willis of Albert Fried & Co. gives tips for investing.

  • Duration 3:26
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September is historically.

The worst month of the year for equities can I tell you that nineteen times the Dow has been negative for the month 60%.

Of the time dating back.

To 1950.

I don't know if you go all the way back to 1896.

It's down about one point 24% on average negative return far worse than any other month.

Ben Willis our positive.

Bastion of thought -- the -- it right here to tell us what you need to protect your portfolio from the month of September -- and you know.

-- yeah you can.

I would suggest protecting if your long anything be buying the vick's.

We've had that conversation before the -- whose below fourteen that's been a good trade so far.

High near -- even though I was not -- an 1896 I may look at but.

They -- month of September isn't as what I've been looking for the pullback but have been looking for for quite some time but.

We should see a pullback although the Russell 2000 today is -- I think you're seeing the benefit of money flows the first day of the month but.

I don't know how long that'll hold up.

So -- very stupid thing would be to exit equities at this moment just because September has about reputation right let's make that clear.

-- I think they're much better ways to to protect your money -- just buying some insurance so to speak.

I mean it's not very cause I wouldn't think very cost effective.

As a matter of fact if you're long term investor or trader may do that -- long term investor.

This is when you have your shopping list out and you look for those stocks that are taking the dip and becoming more affordable to -- I learned that a long time but from a guy by the name Peter -- and a little fund up in Boston called Magellan audience you buy what you know and save some money to buy when -- gets cheaper it even happened the him.

Now what about this thought.

-- -- -- -- dips in September to how does October usually look putting out the set aside the fact that of course we have the crash and a couple October's over the several decades and I was here for the 82 we like to call a market correction here on the floor.

Right I was here for that and away it was absolutely amazing to watch but.

They October trend tends to be a slightly better month if you throw out that you -- the hot.

Like judging the gymnastics the throughout the -- -- you can throw -- a couple lows in October and generally it it's not a bad month overall.

So I think you will see traders going into the last month of the -- say the last week of September of the last week of the quarter.

Probably taking a shot to come back because of where we are going into September.

We have a 70% likelihood based on the past that we will be higher by the end of the year.

OK and again I notice how you set like gymnastics throughout the high low and not like Libor throughout the high low.

-- let me -- about gold because gold today is looking.

Pretty good at the moment attack and what -- -- to expect to mean is this something we -- put a little bit of money in gold going into September justice protection.

-- my good friend Dave Williams who covers gold all the time it's tried truthfully it's something I don't understand I've always considered a hedge against wealth.

But hey you what you're seeing I think is is debut to two things -- have a technical breakout on the way up that started Friday we've seen a good move.

But it's also -- a good place to hedge if you're expecting.

The central banks continue to print money which eventually there's going to be inflationary -- that's -- protection against.

Interest rate risk not necessarily against the equity risk.

Excellent points all been nice to see you -- -- so much.

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