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103 - Why Doing Nothing Could Save Your Portfolio
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Why doing nothing might be the best move for your portfolio right now.
In this episode, we dig into action bias — that psychological urge to "do something" when the market tanks — and explain why it can lead to terrible decisions. We cover how action bias shows up in over-trading, panic selling, jumping on fad stocks, and making emotional moves that kill returns.
We’ll also show you how to combat action bias by building an investing strategy that matches your risk profile, automates your discipline (like our YieldMax strategy), and protects you from sabotaging your gains.
Whether you’re tempted to tweak your portfolio daily or sitting on cash dying to "buy the dip," this episode will help you resist the noise and stick to a plan that actually works.
🧠 Learn how to:
- Spot action bias before it wrecks your returns
- Stop panic-selling in volatile markets
- Create a strategy that keeps emotions out of your investing
- Build an emergency fund that makes action less tempting
- Use diversification and conviction to stay the course
🎯 Sometimes the best move is no move. Here’s why...
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**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.
Episode music was created using Loudly.
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