Latest / Pivot with Darryl Lyons
The Psychology of Doing Nothing
Should you react every time the market swings, or is doing nothing sometimes the smartest financial move you can make?
In this episode of Pivot with Darryl Lyons, Darryl explores why resisting the urge to constantly adjust your investments may lead to better long-term outcomes. Using an unexpected lesson from World Cup penalty kicks, he explains the psychology behind action bias and why investors often feel compelled to make changes even when patience is the better strategy.
From understanding Roth IRAs versus traditional retirement accounts to learning how emotional decision-making can hurt…
The skinny
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