03-14-2015, 03:49 PM
I C. I think the CAD will continue its slump. The next couple years are going to be slow for canada and with the US taking off I wouldn't be surprised to see the CAD get down to .75US shortly and then hover around .80US for the next couple years at least.
I guess if i think this it doesn't matter and i'll accept that the CAD wont get much better for the next few years so why not start the US component of the portfolio now.
my 8000 CAD will probably buy me around 6000 USD. my plan was to split it into 4 piles of 1500 each and put it in JNJ, CVX, DIS, KO.
or would you guys recommending putting all 6000 into 1 stock?
I guess if i think this it doesn't matter and i'll accept that the CAD wont get much better for the next few years so why not start the US component of the portfolio now.
my 8000 CAD will probably buy me around 6000 USD. my plan was to split it into 4 piles of 1500 each and put it in JNJ, CVX, DIS, KO.
or would you guys recommending putting all 6000 into 1 stock?