Not exact matches
In this way too, if Pabrai couldn't find
stocks likely to
appreciate 3, 4 or 5 + times in the next few years, he would be «forced» to sit on cash which would be a good hedge
against a market decline.
If the U.S. dollar
appreciated against our loonie, then the investor would benefit not only from any increase in value in the individual
stocks, but the U.S. currency appreciation as well.
Foreign
stocks had a banner year with returns from the United States, Developed Markets excluding North America and Emerging Markets all in the mid-teens despite the Canadian dollar
appreciating modestly
against the US Dollar.
Another advantage of keeping your capital
appreciating stocks outside of an RRSP is because you can claim your losses
against your gains to reduce your taxes payable.
Note that even if the U.S. dollar falls
against the Canadian dollar, your U.S.
stocks can
appreciate... Read More