Navigating the AI Investment Hype: A Balanced Approach

Distinguishing Genuine AI Investment Opportunities from Broker/Media Spotlight
In today’s investment landscape, the promise of Artificial Intelligence (AI) dominates headlines, venture funds, and boardroom discussions. With technological giants like Alphabet and Microsoft pouring resources into AI development, the buzz is undeniable. However, amidst this noise, how… Read More

Q: The Canadian dollar has been up and down lately against the U.S. dollar. When buying a U.S. stock, would that stock then have to rise 34% to cover the exchange rate before I realized any gains? Thanks.

A: The short answer is no. $1.00 U.S. equals $1.34 Canadian. You get back the exchange differential when you sell. If the U.S./Canada exchange rate is about the same as when you bought, you’ll only lose the cost of the trade, perhaps 1%.

The thing is… Read More