Motley Fool Money Your Political Brain vs. Your Investing Decisions
35 snips
Feb 4, 2025 
Join Jim Gillies, a Motley Fool analyst, as he delves into how potential tariffs in Canada could impact investing. He emphasizes the need to separate political beliefs from investment strategies for better decision-making. Meanwhile, Alison Southwick shares practical tips for optimizing your 401(k), highlighting the importance of leveraging employer matches and understanding defined contribution plans. Together, they unravel the complex interplay between politics and finance while providing actionable advice for securing your financial future.
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51st State?
- President Trump suggested Canada become the 51st state, deeply insulting many Canadians.
- Canadians view themselves as a distinct culture with different values regarding healthcare, education, and politics.
Fentanyl Facts
- The amount of fentanyl seized at the US-Canada border is significantly less than at the US-Mexico border.
- This discrepancy questions the rationale behind tariffs based on border security concerns.
Investing vs. Politics
- Avoid making investment decisions based on short-term political events.
- Stay invested, diversified, and keep adding capital, focusing on your long-term investment goals.