How to Ignore Tariffs and Make Money

02/04/25 • 44 min

Markets are getting whipsawed around by the threat of tariffs and uncertainty about whether they will actually happen. How do you invest in that environment? Barry Schwartz of Baskin Wealth says he is buying. On this episode of In the Money with Amber Kanwar, Barry explains how he can still invest despite the threat of tariffs, explains why he rarely owns stocks in Canada, and tells us what he's buying right now.

Recorded on: Monday February 3rd, 2025

Timestamps

For detailed show notes, navigate using the timestamps below:

00:00: Show open with producer Jillian
1:15: Amber & Barry chat about trade war volatility, the U.S. vs Canada and why he’s buying
16:15: More on Trump’s tariffs
20:00: In the Money mailbag: Barry answers your questions on Adobe, Vail Resorts, Alphabet’s CDR, Canadian Pacific Kansas City, CCL Industries and Live Nation
34:30: Barry’s Pro Picks
44:00: Goodbye & coming up

Sponsors

Pro Picks is brought to you by ATB Financial. With $62 billion in assets, ATB Financial is powering possibilities for more than 820,000 financial services clients in Alberta and beyond. ATB's Capital Markets arm is a full-service investment dealer that offers investment and corporate banking, sales and trading, institutional research, and risk management. Visit ATB.com/inthemoney for more information

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DISCLAIMERS

The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company.The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions

Recorded on: Monday February 3rd, 2025

Timestamps

For detailed show notes, navigate using the timestamps below:

Sponsors

Links

Follow In the Money:

Visit the website: https://inthemoneypod.com/

Submit a question: [email protected]

Follow In the Money on Instagram: https://www.instagram.com/inthemoneypod/?hl=en

Facebook: https://www.facebook.com/profile.php?id=61569721774740

Twitter/X: https://twitter.com/inthemoneypod

TikTok: https://www.tiktok.com/@inthemoneypod?lang=en

Follow Barry:

X: https://x.com/BarrySchwartzBW

DISCLAIMERS

Previous Episode

Cisco was the Nvidia of 1999

Is Nvidia this era’s Cisco? Mark Sebastian, Founder of the Option Pit, gives a history lesson on tech and reminds us why it’s important to remember what happened during the dotcom bubble. In this interview on In the Money with Amber Kanwar he reveals some of his contrarian ideas and suggests some unloved stocks that he thinks are worth a look, specifically a couple of turnaround plays he’s putting his money on right now.

Recorded on: Wednesday January 29th, 2025

Timestamps

For detailed show notes, navigate using the timestamps below:

0:00: Show Open- Mark says he’s going to be uncensored!

1:30: Amber & Mark chat and Mark reminds us to look back to the dotcom bubble

9:00: Mark isn’t too concerned about tariffs

12:00: Mark gives his outlook on rates and the bond market

13:50: In the Money mailbag: Mark answers your questions on Intel, Tesla, Meta, Apple and energy stocks
37:30: Mark’s Pro Picks

46:00: Goodbye & coming up

Sponsors
Pro Picks is brought to you by ATB Financial. With $62 billion in assets, ATB Financial is powering possibilities for more than 820,000 financial services clients in Alberta and beyond. ATB's Capital Markets arm is a full-service investment dealer that offers investment and corporate banking, sales and trading, institutional research, and risk management. Visit ATB.com/inthemoney for more information

Links

Follow In the Money:

Visit the website: https://inthemoneypod.com/

Submit a question: [email protected]

Follow In the Money on Instagram: https://www.instagram.com/inthemoneypod/?hl=en

Facebook: https://www.facebook.com/profile.php?id=61569721774740

Twitter/X: https://twitter.com/inthemoneypod

Follow Mark Sebastian:

X: https://x.com/OptionPit

DISCLAIMERS

Next Episode

Investing So You Can Sleep at Night

The threat of a trade war and political uncertainty in Canada are enough to keep you up at night. In this episode of In the Money with Amber Kanwar, Martin Pelletier of Trivest Wealth tells us how investors can reduce risk. He talks about why it's important to preserve capital, not just grow it. He answers your questions and gives his best investing ideas for a portfolio that will allow you to rest easy.

Recorded on: Wednesday February 5th, 2025

Timestamps

For detailed show notes, navigate using the timestamps below:

00:00: Show intro with Martin

1:10: Amber & Martin chat tariffs, Canadian politics and risk management

15:40: Martin answers two questions on Baytex Energy

21:45: Martin explains what a trade war with China means for stocks like Apple & Tesla

28:45: Martin answers a question on silver and $SILJ

30:30: Martin answers a question about the Canadian dollar and the outlook for Canadian stocks

35:00: Martin answers a question on how tariffs may affect mortgage rates

Sponsors

Links