Friday Random Thoughts
Some random ideas for the end of an interesting week:
- The Canadian dollar has plummeted back to parity with the Yankee dollar, which may be a good thing at the end of it all. Guess I’m glad I follow Larry McD’s advise to pick up some VTI when the dollar was at $1.10 .
- I got my “new to me” car, which is very nice to drive. Yes I could have gone to the states and maybe got it cheaper, but I’d rather give my mechanic the business for now.
- Stats Can talked about leading indicators being up by 0.1% in October which shows a slowing in the Canadian Economy, but still positive growth, so that is good too.
- Is Cross Border car shopping affecting new car sales in Canada? Not sure, but we shall see.
- Christmas shopping explosion should begin next week with American Thanksgiving being a little earlier than usual as well. Remember what Christmas is, and try not to turn it into an excuse to spend money.
Have a great weekend all!
More on this topic
(What's this?)
The Best Banks In North America Probably Aren’t Where You Think
(Investment U, 2/25/10)
Two Olympic Investments in Canada
(Jutia Group, 2/19/10)
Happy Thanksgiving 2009!
(Dividends Value, 11/26/09)
Housing heating up in Canada
(What can I do with 10 grand?, 2/8/10)
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November 16th, 2007 at 9:49 PM
I regularly have to send money from Japan to Australia. A year ago I was getting a 15% benefit, now its a 7% loss, 22% turnaround is a a lot to absorb.