Stocks are down in the month of August but the rest of the year may be promising for your investment performances.

The stock market sold off in the month of August and a lot of investors are hoping that things will turn around as they looking to improve their account performance before the end of the year. 

Many stocks are down this month, many high-flying stocks like Google, Facebook, Nvidia, Advanced Micro Devices, Walmart, etc. all had a rough month.  And the main factor is the fear of how the Delta Variant will affect the world economy.

According to records, August is among the worst months of the trading year, but the rest of the month tends to have a better result if there are no other outside factors to drag down the stock market.

“While the average and median returns for August may be lackluster, the final four months of the year have seen an average gain of 5.94% (median: 8.03%) with gains 12 out of 14 times (85%). That’s pretty consistent,” the analysts wrote.