Traders on the New York Stock Exchange floor on Sept. 9, 2024.
Spencer Platt | Getty Images News | Getty ImagesSeptember historically hasn't been kind to stock investors.
September is the only month during that nearly century-long period in which investors experienced an average loss, according to Morningstar.
Trying to time the market is a losing betAlistair Berg | Digitalvision | Getty ImagesInvestors holding their money in stocks for the long-term shouldn't bail, Yoder said.
Don't put faith in market maximsSimilarly, investors shouldn't necessarily accept market maxims as truisms, experts said.
Persons:
Spencer Platt, Morningstar, Abby Yoder, Yoder, Alistair Berg, Digitalvision, Edward McQuarrie, McQuarrie, couldn't, J.P Morgan
Organizations:
New York Stock, Getty, Morningstar Direct, Finance, Morgan Private Bank, Investors, Santa Clara University, Fidelity Investments, Federal Reserve, Investor, Mutual
Locations:
U.S, Wells, New York City, New York