03-26-2015, 01:12 PM
I have a similar issue due to being in canada. Correct me if i'm wrong but doesn't the additional cost due to forex -- wouldn't that be similar to buying a stock that costs say 40 dollars vs one that costs 50 dollars provided that you aren't buying and selling on a monthly basis.
Also over the duration of your accumulation phase wouldn't you be averaging down on the forex difference?
waiting for the USD to come down is gonna be a while.
Also over the duration of your accumulation phase wouldn't you be averaging down on the forex difference?
waiting for the USD to come down is gonna be a while.
(03-26-2015, 12:19 PM)Lewys120 Wrote: I already own BP
BBL don't really want to buy as I'm overweight oil.
I really really like JNJ at present. Damn the American economy for racing ahead of us here in Britain
VERY tempted by Associated British Foods at this level. It has a high p/e but also is growing rapidly. This would be my first buy where a p/e is above 18ish
