I am not sure if this is an expression said by someone, but this seems to be the case. I am not calling out my friends to the South either, Canadians (and everyone really) are just as guilty when it comes to “going to vote“, we make uninformed decisions, and thus we invest the way we vote
What do I mean? In both cases, we make a hurried, uninformed decision after being unduly influenced by people who have their own agenda on why they want you to do it. Typically the decision may even be made at the last-minute, using your “gut” to decide.
In both instances, this is insane! If you are voting, and it is solely you going into a box, with a pencil and making a mark for someone, that someone else told you to vote for, that is not how the democratic system is supposed to work. Similarly if you go to a financial planner, who throws together a bunch of financial or investing ideas that you either don’t understand (or worse don’t want to understand) and you blindly agree to it, that is not how financial planning works!
Get educated about both topics, and make an informed choice, don’t just “do it because I need to do it”, because you will rarely make the right decision (and if you do it will have more to do with luck). Financial Literacy we are starting to talk about, Political Literacy needs to be pushed as well. Oh and the argument, there is too much information to decide, I don’t buy it.
November may be Financial Literacy month, but that does not mean you should wait until then to start educating yourself, make sure we prove wrong the statement, we invest the way we vote.