buy when it snows, sell when it goes
Word Rarity
Rare
Frequency: Zipf frequency 2.96 in modern English
49
Scrabble Score
28
Letters
4
Syllables
13
Unique Chars
Meaning
phrase
Stock market securities can be expected to increase in value to a greater degree in the cold winter months from November through April than in the warm months from May through October, and profit-minded investors should manage their portfolios accordingly.
Canadian usage; American usage
Example Sentences
- "There is a phenomenon in stock market investment known as "seasonality." In Canada we sometimes summarize it with the epithet "Buy when it snows, sell when it goes.""
- "Most years, he says, investors can make money by simply holding broad indices, such as the S&P 500 and Canada's S&P/TSX Composite, from Oct. 28 to May 5, when they tend to make most of their gains, and then selling. If that's too hard to remember, Vialoux has a handy catch phrase: “Buy when it snows! Sell when it goes!”"
- "According to Carlo R. Besenius, CEO of Creative Global Investments in Luxembourg, the trade, known as "buy when it snows, sell when it goes," was profitable in 53 of the past 61 periods. In a recent note, he pointed out that Munich, Geneva, Luxembourg, and Calgary had their first snowfall on Sunday, Oct. 28. He credits annual recurring events such as transactions for tax purposes and the holidays, among others."