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Re: something doesn't make sense ... Posted by CrNiFe [Email] (#408) [Profile/Gallery] (more from CrNiFe) on Mon, 4 Jun 2007 13:26:04 In Reply to: something doesn't make sense ..., Senators, Sun, 3 Jun 2007 18:55:17 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Ah yes, but if I can afford the US investments now that money is close to par, and the Loonie stays put, I win. If I buy US equity now, and the Loonie tanks, I win.
If I buy them now, and the US investments tank, I lose. I am not trying to make money on the difference between the currencies, only trying to put the portfolio in a place where I can get some growth.
By the way, don't take me too seriously, eh! My brother-in-law is an acquisitions Veep at a REIT. I sold some 30% of my holdings last Friday, because it was time to take obscene profits. Today, they announced a deal with GE Real Estate, and the trust units are up 17%, or almost $7.00, which means I left 2100 on the table by selling a day too soon.... ha ha, nothing like your own words to bite you in the rear....
And, go Sens go - but then I am not a Leafs fan, even though I live in TO.
CrNiFe
Toronto
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