President Donald Trump’s tariff policies are sending shockwaves through the global stock market. Experts advise against acting rashly, citing the potential risks of missing out on long-term gains.
Leaving your 401(k) alone is a good strategy if you have decades until retirement, according to Fortune. Instead, diversifying your holdings and investing in international markets can help spread risk. A conservative portfolio approach, with more bonds and stable investments as you near retirement, is also recommended.
Even retirees can benefit from some stocks, as their money will need to continue growing over time. A diversified strategy can’t prevent market fluctuations but can soften the impact. Economists warn that American consumers may face higher prices due to the tariffs.
Trump claims the tariffs will lead to more jobs and investment in the US. However, experts remain uncertain about the market’s future response. Trump acknowledges his policies are necessary for “fixing” a country he feels has been treated unfairly by other nations.
Source: https://www.syracuse.com/business/2025/04/stock-markets-are-tanking-heres-what-experts-say-you-should-do-with-your-401k.html