The first six months of 2022 have been painful for investors, but there are some silver linings to the market’s selloff.

It is important to maintain perspective when it comes to the financial markets; even with the selloff this year, most investors have benefited from past gains.

Investment success is determined by how one reacts to turmoil and market selloffs; maintaining composure gives the best odds of getting through a downturn.

Investor sentiment is sitting at lows last seen in the global financial crisis as inflation, geopolitics, and China’s Covid-19 policy have consumed markets. In turbulent times like now, our emotions can cloud our rationality. Time in the market is more productive than timing the market. Investing success comes from focusing on what one can control, particularly asset allocation and investment strategy.

January was a bruising month for global stocks, particularly U.S. indices, with markets focused on uncertainty around monetary policy. Given recent steady gains, volatility feels unnerving, but it is important to remember that volatility is part of a normal, healthy financial market. Higher interest rates are not a bad thing for stocks; stocks performed well in past periods of higher rates. In times like these, it is important to remain anchored in a long-term investment strategy.