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I wonder what you think of buying U. Is there an advantage one way or the other and similarly if I sold a U. Or with the Canadian dollar as bad as it is, is it still worth even considering the purchase of U.

I think that the most important decision in building a portfolio is asset allocationPhil. Fees and taxes are also important, but a portfolio built of top picks that are all from the same sector is risky and unlikely to generate the same risk-adjusted returns as a well balanced portfolio.

Buying US stocks on Questrade? - gyranasoreso.web.fc2.com Forums

On that basis, I would caution a do-it-yourself investor from building a portfolio of top picks. Assuming that you are doing that, Phil, a well-diversified portfolio should ideally include U.

Interest rates have just been cut here and we could see another rate cut. On the other buying us stocks in canadian dollars of the border, interest rates are poised to rise and if our rates are moving in opposite directions, the U.

In fact, a Hulbert Financial Digest study of investment newsletters found that only 5 of them stock options volatility the market over a 5-year period.

And it will only impact a small portion of your overall portfolio anyway.

Buying U.S. stocks with a weak Canadian dollar

There is a spread on the purchase and sale rate of U. So buying us stocks in canadian dollars you have a forex valuutanvaihto helsinki allocation to U.

One of the benefits of a passive DIY investment philosophy is that you just have to worry about asset allocation and not individual security selection.

For a DIY investor who complicates portfolio management with stock picking, the least you can do is simplify your job by not having to worry about market timing. Jason Heath is a fee-only, advice-only Certified Financial Planner CFP at Objective Financial Partners Inc. He does not sell any financial products whatsoever. Find an Advisor Ask MoneySense Portfolio Builder Where to Buy.

Bruce Sellery Jonathan Chevreau Dan Bortolotti David Aston Romana King Robert R. Brown Norm Rothery Jason Heath Barry Choi. Home Columns Ask a Planner Buying U.

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