Local financial advisor suggests stock investors not panic

Friday, April 11, 2025 at 9:20 AM

By Shelby Lopez

As the stock market looms in uncertainty following the recent tariff announcements, many investors and families are left wondering what financial move to make next.

Robert Dragani, Financial Advisor at LPL Financial, 615 W Jefferson St in Plymouth, says changes in the stock market are not unusual. A registered investment advisor for the past 24 years, Dragani says it's the way investors respond that could make a difference between loss and gain.

While stock markets can absorb many shocks, certain events like speculative bubbles, economic struggles, or global crises can trigger a domino effect investors and send ripples throughout the entire financial system. A stock market crash occurs when a broad market index undergoes a sudden and severe drop, typically 10% or more over a few days.

Since Trump announced tariffs that would raise US trade barriers the highest in over a century on April 2.

Stock markets made a dramatic reversal on Wednesday after Trump declared he would temporarily lower the tariffs on many countries, sending the S&P up nearly 10%, the biggest one-day jump since Oct. 2008.

“We may have hit a temporary low this week, yes, but it isn't anything we haven't been through,” said Dragani. “Obviously with the stock market there is never a guarantee on anything.“

Dragani said despite the stock market's recent financial yo-yo, now may not be the time to pull out of your investments. For some clients, stock prices can also be a buying opportunity that can pay off in the long-run.

Dragani said selling quality assets too quickly due to the economic panic could be a mistake that may cause one to miss out on potential gains if the market does recover.

Stocks aren't the only thing people need to consider having a financial advisor for, Dragani said. His business also helps clients with things like estate planning, college planning, tax efficiencies, retirement savings, long-term care planning, life insurance and more.

Planning ahead for financial security is something many overlook until it is too late. Just like the stock market's unpredictable ups and downs, health issues and the rising cost of health care can be devastating to the wallet.

“I want nothing more than to see my clients succeed and not just with stocks, but also by protecting their assets so they can be passed on to their loved ones instead of lost on devastating expenses like long-term care facilities that can wipe away someone's entire life-savings quickly. Financial security and success is about planning ahead for the unpredictable,“ Dragani said.

Dragani welcomes anyone with financial concerns, questions, or needs for planning to call him at his office at 574-936-6071.

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