TLDR
How Not To Screw Up Your Money in 2025
Jan 8, 2025
Ben Mathis-Lilley, a frequent contributor to the TLDR newsletter and author of "Hot Seat," shares his insights on achieving financial success in 2025. The conversation covers the shifting investment trends in Canada, focusing on the growing appeal of stocks and renewable energy. They discuss practical tips for maximizing tax-advantaged savings accounts and explore light-hearted but effective strategies for managing personal finances. With a mix of humor and wisdom, Ben encourages listeners to align their spending with their values for a prosperous new year.
25:35
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Quick takeaways
- The resignation of Canada's Prime Minister could significantly impact economic policies and stability amid rising political discontent and potential elections.
- Investors are shifting from cash to equities, reflecting increased confidence in stock markets and a willingness to embrace higher-risk investments.
Deep dives
Canada's Political Landscape and Economic Implications
The resignation of Canada's Prime Minister Justin Trudeau is a significant political event that could reshape the nation's economic future. Trudeau's departure comes amid rising discontent within his party, which was exacerbated by the unexpected resignation of his finance minister, Chrystia Freeland. The discord highlights a larger issue concerning the government's approach to economic policies, especially in light of escalating concerns about overspending and inadequate responses to external pressures like tariffs. This shake-up in leadership raises questions about the direction of Canada's economy and the potential for a non-confidence vote that could lead to an election.
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