I have purchased some Canadian, Swiss, and European stocks; rather than pay interest on these, I would like to buy currency to cover the amounts. Currently I have nothing but USD in my account. I have two questions. 1) Should I be purchasing foreign currency in the exact amounts I see listed in REAL FX balance, under CAD, EUR, and CHF, if I do not want to pay interest? 2) If the value of the stocks purchased in foreign currency rises over time, does this mean I will need to purchase more currency to match the value of the stock? If so, and I expect the value of the stocks to rise, would it be prudent to purchase more currency than the current stock value? Thank you for your help.
1) correct, 2) you should really think by yourself about the answer and if you can't answer after thinking you should perhaps first undergo more studying before investing because concepts like this are important to grasp. Not saying this to be a dick but to encourage you to think on your own.