Why Staying Out of the Market This Summer Is a Bad Idea

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By C. Scott Garliss

The S&P 500 Index is about to enter one of its best-performing stretches in any calendar year...

You may find this hard to believe – but it's true.

The problem is, too many investors get caught up in the "sell in May, come back in September" mindset. After all, they hear it time and again from the financial media.

And folks who follow this advice could be missing out on some of the best gains of the year. Here's why...

I spent 22 years working on Wall Street. I dealt with many hedge- and mutual-fund investors... but most of my clients were hedge funds.