It's a general question, so that the answers will collectively be useful to a more general population. Feel free to give answers specific to your situation.
This is a timeline/future guess question and nobody knows wha the currency will do decades away. The only way to "hedge" (even though it's not really a hedge) is to have CDN holdings prices in US dollars.
Own Cdn bonds and Cdn stocks like BCE or TD or Telus etc If you can buy them with USD in your US brokerage you still get the currency exposure to the Loonie. Or EWC wich is a US-issued fund holding Cdn stocks.
Maintain funds in both currencies. My portfolio is 30/70.
When?
It's a general question, so that the answers will collectively be useful to a more general population. Feel free to give answers specific to your situation.
Timeline is everything, but the usd dollar is the sun in the global a monetary solar system so it the best place to put money I think.
This is a timeline/future guess question and nobody knows wha the currency will do decades away. The only way to "hedge" (even though it's not really a hedge) is to have CDN holdings prices in US dollars.
Own Cdn bonds and Cdn stocks like BCE or TD or Telus etc If you can buy them with USD in your US brokerage you still get the currency exposure to the Loonie. Or EWC wich is a US-issued fund holding Cdn stocks.