March 11, 2025 - 18:54
The Dow continued its downward trajectory on Tuesday following former President Trump's announcement of increased tariffs, creating a wave of concern among investors. Financial advisors are stepping in to guide their clients through this period of market turmoil, emphasizing the importance of maintaining a long-term perspective.
Many advisors are reminding investors that volatility is an inherent aspect of the financial landscape. They encourage clients to focus on their individual investment goals rather than reacting impulsively to short-term fluctuations. Advisors suggest that staying diversified and adhering to a well-thought-out investment strategy can help mitigate risks associated with market instability.
Additionally, some experts recommend that investors use this time to reassess their portfolios, ensuring that they align with their risk tolerance and financial objectives. While the current market conditions may be unsettling, advisors stress that history shows markets often recover over time, reinforcing the value of patience and a disciplined approach to investing.
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Smart Strategies to Tackle Rising Costs from Inflation and TariffsAs inflation and tariffs continue to impact the economy, many individuals are feeling the pinch in their wallets. A financial expert has outlined five effective strategies to help consumers adjust...
July 5, 2025 - 10:39
Singapore Imposes $21.5 Million Fines on Global Banks for Major Money-Laundering SchemeIn a significant crackdown on financial misconduct, Singapore has levied penalties totaling $21.5 million against several global banks following the discovery of a vast money-laundering network....
July 4, 2025 - 18:43
Richmond Appoints Interim Finance Deputy Chief Administrative OfficerRichmond Mayor Danny Avula announced on Friday that the acting deputy chief administrative officer (DCAO) for finance will be returning to Henrico County after successfully completing his...
July 4, 2025 - 03:34
Insights from Treasury Secretary on Economic Policies and Currency TrendsUS Treasury Secretary Scott Bessent recently shared his insights on the potential economic implications of President Donald Trump`s proposed tax reforms, often referred to as the `big, beautiful...