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#304 | Why You Shouldn’t Let the Canada-US Trade War Dictate Your Investments Despite Rising Inflation - Financial Literacy, Financial Advisors & Wealth
Weekly Wealth Update: A Make Better Wealth Decisions podcast dedicated to explaining how current events impact your portfolio and the wealth decisions you make. Tune in every Monday for commentary on how the news of the week affects your portfolio and your thinking.
What should you do with your money when the Canada-US trade war is pushing prices higher and creating even more uncertainty?
The Canada-US trade war is adding to an already inflationary environment, and its effects won’t be felt equally. Some people may face job losses or reduced incomes, while others may simply see higher prices for groceries, electronics, and other consumer goods.
The key is understanding what you can control. Rather than making emotional portfolio changes, this episode looks at practical ways to navigate the financial pressure ahead and prepare for what could be a prolonged period of uncertainty.
You’ll learn:
How the Canada-US trade war and inflation could affect your income, expenses, and investments differently.Why paying down non-deductible debt and reducing discretionary spending can strengthen your personal finance position.How staying disciplined with your investment strategy can help you avoid costly decisions during economic uncertainty.
Listen to the episode to learn how to protect your personal finance, stay disciplined with your investments, and navigate the inflationary pressure ahead.
Worried about the current investment climate and your money?
Click the link below and book a call for personalized advice to help you feel secure and protected about your retirement:
https://makebetterwealthdecisions.s.gy/podcast
John De Goey's Books. Grab your copy from Amazon:
Bullshift: How Optimism Bias Threatens Your FinancesSTANDUP to the Financial Services IndustryThe Professional Financial Advisor IV