American Stocks for the Foreign Investor

Discussion in 'Economics' started by Sikhinvestor, Aug 5, 2009.

  1. I am a Canadian Investor with various stocks in US dollars. What I have realized is that there's no point in holding US dollar denominated Stocks anymore, because the currency keeps dropping.

    My stocks are up this year, however becasue of the currency differential between the Canadian/US dollar, its breakeven. Anyone else in the same situation, I am thinking of not buying anymore stocks on the NYSE & NASDAQ anymore, and simply just sticking to Canadian stocks.
  2. Simply short the USDCAD currency pair corresponding in value to your USD denominated stocks.