That is about a posting in Money Sense - a financial publication from Canada, similar to Kiplinger. They try to answer what to do if you are starting to invest today, having all your funds in C$. The main question is, should you change it in other currencies or is it enough to just invest in C$. Should you buy US$ ? Yes, if you believe in the dynamism of the US economy, or of global companies trading in US versus Canadian economy. Yes, if you see more economic growth in US/world than in Canada. No, if you believe that Canada will yield more growth through its efforts than US. No, if you believe the Canadian policies will stimulate the economy in the right direction. There are questions, regarding diversity and significance of the companies you are buying in C$. How large is the Canadian economy in the global economy? How diverse is the Canadian economy? How global is the reach of the Canadian companies in order to shield you of any local downturns? My personal view Fo...
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