http://www.moneyrelations.com/2007/09/18/canadian-and-american-economic-calendar/ Investing for beginners Wed, 07 Jan 2009 03:57:54 +0000 http://wordpress.org/?v=2.6.2 http://www.moneyrelations.com/2007/09/18/canadian-and-american-economic-calendar/#comment-115 moneyrelations Wed, 19 Sep 2007 11:14:46 +0000 http://www.moneyrelations.com/2007/09/18/canadian-and-american-economic-calendar/#comment-115 <p><p>Appropriate lesson when we are flirting with the loonie almost at par. :) I think I'm going to finally convert some CDN $ into US $ in order to pick up some US ETFs and clean up my porfolio of expensive MERs. The Canadian market just isn't deep enough and I have time on my side for the States to correct itself. I had thought about using "<a href="http://www.moneyrelations.com/2007/08/14/us-currency-exchange" rel="nofollow">Norbert's Gambit</a>" to reduce forex charges but I'm not going to bother now.</p></p> <p>Appropriate lesson when we are flirting with the loonie almost at par. I think I’m going to finally convert some CDN $ into US $ in order to pick up some US ETFs and clean up my porfolio of expensive MERs. The Canadian market just isn’t deep enough and I have time on my side for the States to correct itself. I had thought about using “Norbert’s Gambit” to reduce forex charges but I’m not going to bother now.</p>

]]> http://www.moneyrelations.com/2007/09/18/canadian-and-american-economic-calendar/#comment-112 Nancy (aka money coach) Wed, 19 Sep 2007 05:20:31 +0000 http://www.moneyrelations.com/2007/09/18/canadian-and-american-economic-calendar/#comment-112 I learned that lesson the hard way a few years ago. My investment club bought a US stock (Avon, I think). The business itself did well, but as the $C rose relative to the $US, our growth was pretty much wiped out. I learned that lesson the hard way a few years ago. My investment club bought a US stock (Avon, I think). The business itself did well, but as the $C rose relative to the $US, our growth was pretty much wiped out.

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