I declare September frugality month. If I’ve learned anything from my 20+ years working, it’s that September and October are generally dicey months for people’s fortunes. 9/11 wasn’t good, neither was last September 15th when Lehman declared bankruptcy. Since 1928, studies show that September is by far the worst month in the calendar year for performance at minus 0.7%. Sentiment turns on a dime, and when markets rally 50%+ into the months of September and October, our risks are greater than our rewards.