12-02-2015, 12:09 PM
Well. If you sell Hershey and then convert those back to CAD at 1.25 then in that case yes, you lose a bit on the currency. Thing is, you have absolutely no way of knowing if it will be 1.25 when/if you decide to sell. Could be 1.40. And who says that you have to convert them back to CAD when selling? You can just keep the USD and reinvest that into other stocks in the NYSE.
One thing to consider is the dividends... they are being dished out in USD but you obviously use CAD for daily expenses so in the long term that would be something to consider. In the short term, the dividends coming in USD can just be reinvested into the market.
One thing to consider is the dividends... they are being dished out in USD but you obviously use CAD for daily expenses so in the long term that would be something to consider. In the short term, the dividends coming in USD can just be reinvested into the market.