Lakerfan you can set up account with different currencies to trade, at most brokerages I know of; it would have been a good idea last year or a few years back.
the cdn. dollar for example is up over 20% over the US dollar and the Aus. and the Euro have all had good runs, compared to the dollar, this year. However believe you are going about investing in the correct method.
by investing in the index funds you will get the average. believe more than 50% of all investors do not beat the average over time (number actually probably much higher).
by living in the US you can invest in many stocks that are based in countries all over the world. for instance currently looking at (and own a small amount) of a brazil mining company that sells product to china listed in the US (provide details later).
the big 5 cnd. banks have been great performers over time and are all listed on NYSE (getting fully valued).
How I would approach this is stay invested in US indexes and stocks and maybe buy a few index products that track certain international stocks. Also when the time comes and foreign stocks seem cheap compared to their counterparts in the US look at picking some up. Will have a write up on Cdn. banks in a week.
very simple question could go on much longer for an answer. just beware of stock risk and currency risk if you choose to invest in another country. no sense making 20% on a stock if the currency falls by more or the same amount.
DTB not sure how much it will hurt SBC, negative impact but how much of one unsure. It should add costs for the carriers, also may add to customers switching services.
heard some Telco experts (??) comment on the change saying in the future people will feel their will be little need for landlines. for instance cannot think of anyone I know that does not have a cell phone. and would say about 50% of them that is their main phone, as the technology advances there will be more applications.
believe there will be pricing pressure on the telco, the only question I have not answered yet is can they come up with new services to sell you. going to look at SBC, in Canada this has not happened yet, only a matter of time.
SBC seems cheap enough but have not liked management for awhile, like BCE management better but stock has not done anything. still pays very good yield and generate great cash flow, which this time hope they do not blow on stupid investments, they will not at leat for a few years :shrug:
just a guess; but both stocks underperform in a bull market.
own small amount SBC,
average position in BCE stock, and some bonds
own Telus bonds (owned a great deal more; posted it here, had a very good move, so small position, less value)
thanks
selkirk
