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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: mancat who wrote (1265)11/5/2022 9:33:55 AM
From: chowder1 Recommendation

Recommended By
red cardinal

  Respond to of 21763
 
If TU is held in a tax-deferred account, it isn't the Canadian tax adjustment affecting the payout, it's the currency exchange, the dollar is just too strong at this time. At other times the currency exchange goes the other way.



To: mancat who wrote (1265)11/5/2022 11:19:10 AM
From: rupestrian3 Recommendations

Recommended By
Menominee
Tam3262
toccodolce

  Respond to of 21763
 
I have been adding more TU while the dollar is strong. Eventually, the dollar will weaken and this will likely benefit US holders of Canadian stocks. Currency exchange rates affect foreign holdings...that is the nature of the game.


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