Concerned About Inflation? Here's Why Stock Investors Should Stay the Course, Says Ritholtz COO

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Concerned About Inflation? Here's Why Stock Investors Should Stay the Course, Says Ritholtz COO
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Nick Maggiulli, chief operating officer at Ritholtz Wealth Management, believes investors would be better off by continually investing over time.

For stock investors pondering how to ride out the worst bout of inflation in four decades, don't worry and stay the course, according to Nick Maggiulli, chief operating officer at Ritholtz Wealth Management., the highest levels since the early days of the Reagan administration. Inflation chips away at the real value of investor capital and investments. It could also make company future profits less valuable today and lead to higher interest rates.

However, Maggiulli believes investors would be better off by continually investing over time rather than changing their strategy based on macro pictures. His new book"You shouldn't try to time the market because of high inflation or yield curve inversion," Maggiulli told CNBC."Trying to time the market is usually a fool's errand so to speak.

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