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Old 10-25-2008, 09:01 PM
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Join Date: May 2008
Location: Canada
Posts: 847
autoque is on a distinguished road
Cool Taking advantage of the strong US dollar

I had about $40,000 USD exchanged to Canadian dollar so when Canadian dollar is back up again (maybe not at par), I can sell it at a higher price. Also sometimes I stay in Canada for months (have a residence), so it's good to have some CAD in the account.

I was thinking of buying up some Euro but CAD seemed more relevant to me. And I don't think this high U.S. dollar craze won't go too long.

What do you guys think? I think this was a better move than buying up some stocks of failing companies...
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