Investing

Plan for the unexpected. Get comfortable with losing. Enjoy the journey. Chief Investment Officer Dougal Williams shares some valuable investing advice from an unlikely source.

Last month, the Federal Open Market Committee raised the fed funds rate a quarter point to a range of 1.50% to 1.75%. It is the first hike this year and the sixth since 2015 when the Fed began reversing the accommodative measures implemented in the wake of 2008’s “Great Recession.” Even though bond prices decline as interest rates increase, there is a quantum of solace.

With markets in a constant state of flux, many investors are asking themselves, is now the right time to invest? We say: timing is everything—but not in the way you may think.

Recent stock market turbulence has again captured investors’ attention. But market volatility is the rule, not the exception. Capturing these returns requires discipline and patience.

We’ve all met him – the Reluctant Diversifier. Despite the evidence that diversification is the single best way to protect and grow wealth over the long term, this investor continues to resist his adviser’s recommendation to diversify.