Business
Why you should wait another month to invest in ASX shares – Motley Fool Australia
Here’s why you might want to wait another month before investing in ASX shares. An election in November has something to do with it.
It’s early October and the S&P/ASX 200 Index(ASX: XJO) has already appreciated 2.8% since the start of the month. After the ASX 200’s lacklustre performance throughout September, I’m sure there are more than a few investors out there who are thinking about deploying more cash into the markets this month because… well you know, they’re going up.
But I think it might be prudent for investors to keep at least some (if not all) of their powder dry over the course of this month.
Why?
Well, we …
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