Ep 305: Stop! When Doing Less Is The Right Money Move

Published: Feb. 9, 2022, 5:05 a.m.

b'When we start losing our hard-earned money in the market, we want to put a stop to it. We want to take action. But statistically, we know that investors who stay the course do better over time than those who try to time the markets. Jinny Uppal, author of \\u201cIN/ACTION: Rethinking the Path to Results," dishes on why we should stop listening to the voice in our head that tempts us to a default action path. "The belief that \\u2018I am the one who can control the outcome with my action,\\u2019 makes us take more action than is necessary," she says. In Mailbag, we advise a divorced listener on setting up a trust for her son. And in Thrive, how to host a Galentine\\u2019s Day party on a budget.\\xa0\\nP.S. If you haven\\u2019t already joined the HerMoney Council, we\\u2019d love for you to join us!\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'