Posts tagged as:

high loonie

Canadians: How To Protect Yourself From Currency Risk When Buying US Stocks

March 17, 2010 · 0 comments

in Canadian, Canadian dollar, DJIA, S&P 500, currencies, diversification, dividends, financial planning, foreign investment, hedging, market timing, risk, stocks, wealth protection

Now that the loonie is flying high again, many Canadians are considering US expenditures, which become cheaper as the loonie moves higher.  Some of these purchases might be in the form of US stocks through your online brokerage.
But before you hit the trigger and jump on a position in Walmart (NYSE: WMT), Apple (NSDQ: AAPL) [...]

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Best American Stocks for Canadians To Invest In

March 15, 2010 · 2 comments

in Canadian, Canadian dollar, NYSE, S&P 500, US economy, exchange rates, foreign investment, hedging, international stock market, investing, stock picks, technology, telcos

Last week I looked at what would be my top three picks for Canadian stocks that Americans would do well to start out with, especially if they would like to diversify their currency risk.
At a reader’s suggestion I thought I should look across the border in the other direction at U.S. stocks that still hold [...]

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What To Do With Your Money When the Canadian Dollar Is Nearing Parity With the US Dollar

October 14, 2009 · 12 comments

in Canadian dollar, US dollar, exchange rates, forex, living in US, money management, purchases, spending, travel

The Canadian dollar is once again at 52-week highs and edging closer to parity every day.  Since this happens once in a blue moon, it pays to be able to recognize it when it’s happening and be able to act on the opportunity.
I’ve written previously about how you can build up your reserve of US [...]

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