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Trump Tariffs: How To Protect Your Retirement Account During Periods of Market Volatility


Published on 2025-03-23 07:41:13 - GOBankingRates
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  • Immediately after President Donald Trump was elected, the stock market went on an absolute tear. The night before the election, the S&P 500 closed at 5,712.69. By Feb. 12, 2025, the market

The article from MSN discusses strategies for protecting retirement accounts during periods of market volatility, particularly in light of potential economic impacts from Trump-era tariffs. It highlights the importance of diversification, suggesting that investors should not put all their funds into one type of investment but spread them across various asset classes like stocks, bonds, and real estate. The piece also emphasizes the benefits of having a long-term investment perspective, advising against knee-jerk reactions to market fluctuations. It recommends considering investments in sectors less affected by tariffs, such as technology or healthcare, and exploring international investments to mitigate risks associated with domestic policy changes. Additionally, the article touches on the use of defensive stocks, which are typically less volatile, and the potential of dividend-paying stocks for steady income. Lastly, it suggests consulting with financial advisors to tailor strategies to individual risk tolerance and retirement goals, and keeping an emergency fund to avoid tapping into retirement savings during downturns.

Read the Full GOBankingRates Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/trump-tariffs-how-to-protect-your-retirement-account-during-periods-of-market-volatility/ar-AA1Bu2i9 ]