For almost anything relevant to this forum, you know a hundred times more than I know. However, if I posted this, you would not let it go unchallenged: "Diamond is harder than steel so striking a diamond with a hammer is a good way to know if it's real." So although I should just shut up, I will push back a little here. Plus, you're a landsman -- you should know this stuff.
You imply that the recent dip proves that this is crazy-town and it's time to get out of the stock market. We are in crazy-town and it's scary -- and scarier by the day. But that does not mean there is wisdom in abandoning the US stock market. In truth, although the US stock market right now is down ~ 18% from its recent high in Feb of this year (and I am estimating this from a graph), it is right where it was exactly one year ago. And it was up 6% in the months after the election -- not because that was such good news but because everyone knew that corporate America would not need to worry about DEI, anti-trust, environmental regs, profiteering, class-action lawsuits, etc. So maybe we are "only" 10 - 12% off the pre-election (wobbly) baseline.
In contrast, I've lost half my money three separate times in the stock market over the many decades I've been investing. And I was too busy working and investing and quietly amassing cheap shares after the drop to notice or to bother shutting off the programmed semi-monthly investing in my workplace retirement accounts. It was the smartest thing I've ever done (well, third-smartest after spouse and kids.) And it always came roaring back. And every single time, the news was plastered with "this time it's really different!" I am not downplaying the horror that is our economic (and social) policy but I know I'd go broke trying to second-guess the fickle fiats on X.
Savings accounts and even money-markets paid almost zero interest between 2009 and mid-2022 (IIRC). That's a long time to have no investment return, and no person in their earning years should count on that strategy. Sure, maybe 10% of your wealth or a year's living expenses in savings or MMF if you're close to the edge (and I infer that most on this forum are not living too marginal an existence).
You don't need an advisor at all to invest (and I'm not telling you or anyone to do it now, but as I said above, I will be buying more stock in the coming days to weeks if things stabilize or if they worsen). Just buy a total US stock market ETF (like VTI) in any of the big brokerage accounts (Vanguard, Schwab, Fidelity) and set the divs and cap gains to reinvest and then ignore it. Forever.
Advisors are an unbelievable rip-off and almost no one needs them. And they create insanely complex portfolios to trick you into thinking this is hard when it isn't. Almost every thread on this forum has more nuance and sophistication than one needs to be in the top quarter -- if not decile -- of all investors.
And I agree that the phone apps that "gamify" investing to hook the zero-attention-span kids on day-trading are seductive. I don't use those at all. Neither do my investment-savvy young-adult kids. If I need to sell to re-balance, I make my decision the night before, put in my trade, and it executes the next morning at market open. (I'm usually too busy at work to do anything during actual "business hours.")
I would discourage you from scaring others away from long-term investing or from selling at the bottom and re-buying after a recovery. There is no better way to lock in your losses and fail to participate in market gains. Will the music stop some day for the US? Maybe, but I would not count us out just yet. We've been short-term leap-frogged by many countries in the past century -- Japan, China, etc.
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