Let’s be honest. When will the next market crash happen? Will interest rates fall this year? Is now a good time to invest in Japan, gold, AI or cash?
We don’t know. And neither does anyone else.
That’s not a weakness - it’s a strength.
In investing, the temptation to chase predictions is strong. It feels good to believe someone knows what’s coming. But as Eric Nelson recently reminded us, even professionals with decades of experience can’t forecast the future. In fact, the best ones don’t try.
At Town Close, we build plans based on what we do know:
- Markets reward discipline. Over time, diversified investors have been well-compensated for staying the course.
- Costs and behaviour matter. Low fees and avoiding panic are more important than stock tips.
- A good plan beats a great guess. Your long-term success comes not from timing the market, but from time in the market.
We design portfolios with a clear, evidence-based strategy that doesn’t rely on lucky guesses. It’s not flashy - but it’s dependable.
So next time someone confidently declares what’s coming next, feel free to smile and say:
“That’s interesting… but I’m sticking with my plan.”
Because sometimes the smartest thing you can say is:
“I don’t know.”