03-14-2015, 01:21 PM
I mostly missed the euro dropping against the dollar, though I did manage to grab some USD back in the good days of 1.35
Currency pairs are tricky and I believe that the principle of dollar cost averaging can also be used with them.
But in the end it's up to what you believe the USD/CAD will be in the future. For example I'm still not against turning euros into dollars and buying from the USA since I have very little faith in the EU and the euro, so I see them possibly moving closer and closer to parity in the coming years, maybe even the USD being stronger at some point.
Currency pairs are tricky and I believe that the principle of dollar cost averaging can also be used with them.
But in the end it's up to what you believe the USD/CAD will be in the future. For example I'm still not against turning euros into dollars and buying from the USA since I have very little faith in the EU and the euro, so I see them possibly moving closer and closer to parity in the coming years, maybe even the USD being stronger at some point.