From Yahoo Finance: 2025-04-27 10:02:00

The tariff situation is causing financial panic for many. Financial advisors recommend avoiding drastic moves and staying invested for the long term. Negotiations could drag on for months, leading to more market chaos. It’s advised to have a safe money bucket for near-term liquidity needs and to consider tax-loss harvesting strategies to offset potential capital gains taxes. Building an emergency fund with enough reserves is crucial in uncertain times. Talk to your financial advisor for personalized advice.

Read more: 6 Things I’m Telling My Clients To Do During the Tariff Turmoil