In last week’s Take Stock we discussed the benefits of casting your gaze beyond the Canadian border for the equity portion of your portfolio. This may appear to pose some logistical issues that, for many, seem daunting.
We’d like to provide some insights into one of these potential issues and why, in our mind, it’s one you can easily dismiss.
The elephant in the room
It’s a given. If you invest in U.S. equities, you are likely to deal with currency fluctuations.
It’s also a given that we (or anyone else, in our opinion!) aren’t able to accurately predict currency moves, especially in the short term. (more)
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