TLDR How Not To Screw Up Your Money in 2025
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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.
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Freeland's Resignation Impact
- Chrystia Freeland's resignation as Finance Minister significantly impacted Canadian politics.
- Her disagreement with Trudeau over economic policy, particularly government spending, led to her dramatic exit.
Positive Economic Outlook for 2025
- Despite economic concerns, positive developments are expected in 2025.
- These include potential rate cuts, increased renewable energy use, and greater employee control over workplaces.
2024 Investment Trends
- Investors shifted from cash to assets in 2024 due to the stock market boom.
- Popular stocks included NVIDIA, Tesla, and Canadian ETFs like VFV and XEQT.