01-19-2016, 09:52 PM
Thanks for the article!
As Dividend Watcher said in the SA comments section the dividends paid in CAD isn't really an issue when still in the reinvesting phase. I know that I never convert my CAD to EUR, I simply buy more from Canada. This will of course change at some point (in a couple of decades?) when I'll actually need my dividends to provide cash for living expenses. But guessing where currencies will be on such a long term... I'm not even going to try. In fact I'm not even sure where I'll be living then, for all I know I could be in Canada using CAD to buy my food.
Right now I see the weakness of CAD more as a good thing for me as I'm regularly converting EUR -> CAD to fund new purchases.
As Dividend Watcher said in the SA comments section the dividends paid in CAD isn't really an issue when still in the reinvesting phase. I know that I never convert my CAD to EUR, I simply buy more from Canada. This will of course change at some point (in a couple of decades?) when I'll actually need my dividends to provide cash for living expenses. But guessing where currencies will be on such a long term... I'm not even going to try. In fact I'm not even sure where I'll be living then, for all I know I could be in Canada using CAD to buy my food.
Right now I see the weakness of CAD more as a good thing for me as I'm regularly converting EUR -> CAD to fund new purchases.