An announcement about tariffs has put stock prices and mutual funds in a frightening downhill slide.

But it's been said that the four most dangerous words in investing are "this time it's different."

All of the U.S. investment market slumps that have occurred in the past have ended, and most investors who had diversified portfolios and had the courage to sit and do nothing, or even to buy low when everyone else was cowering, ended up doing well.

So what do advisors say now?

For five ideas, based on what financial services professionals and companies have been saying, check out the gallery.

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