Personally, I’ve moved most of my investments into money market funds and plan on buying the dip, just like the multi millionaires. Other than that, I’m getting stocked up on shelf stable foods, and trying to get to know my neighbors a little better.
There is also a risk that the tariffs will cause huge inflation. You could be left in the dust if you aren’t in the market. My guess is that we’re going to see this dip followed by 10%+ inflation. https://en.wikipedia.org/wiki/Stagflation