Getting Comfortable with Being Uncomfortable

When most investors think about “risk reduction” their minds immediately conjure volatility and losses. However, as advisors, we should consider a broader definition of risk that connects more directly to how clients feel about their investments. Specifically, advisors should …

In Part 1 of this series, we addressed how valuations on stocks and bonds remain extremely lofty. As a result, it is unrealistic to expect the portfolios that investors have grown comfortable with over the past few decades to produce the returns investors need to achieve …