'No place to hide' for investors -wealth advisor

STORY: "But - oh wait!" adds Belanger, "We've got inflation that's running at all-time highs, or 40-year highs, so you can't do the cash-under-the-mattress anymore either."

His advice to investors? "You have to just stay patient, hold your course, and you gotta grind through this really difficult period, knowing that statistically you're going to get 7 good years out of every 10 – and that's the investing landscape that we're in."

Wall Street's main indexes were on course to post their third straight day of declines on Thursday, as traders sold financial and technology stocks on fears the Federal Reserve's aggressive approach to rein in inflation could trigger a recession.