Posted by sschulman on 6th of Jan 2017 at 02:26 pm
I use duckduckgo search engine and came up with this site.
http://canadiancouchpotato.com/2010/11/29/holding-us-dollars-in-registered-accounts/
Here's a quote from the site:
RBC Direct Investing recently became the first bank-owned
brokerage to allow Canadians to hold US dollars in registered
accounts, such as RRSPs and Tax-Free Savings accounts (TFSAs).
The article is dated November 2010 so maybe more brokerages
are allowing this nowadays. You probably have to search around.
It's a hassle but maybe worth it.
I use duckduckgo search engine
How do Canadians hedge USD/CAD fluctuations within RRSPs?
Posted by sschulman on 6th of Jan 2017 at 02:26 pm
I use duckduckgo search engine and came up with this site.
http://canadiancouchpotato.com/2010/11/29/holding-us-dollars-in-registered-accounts/
Here's a quote from the site:
RBC Direct Investing recently became the first bank-owned brokerage to allow Canadians to hold US dollars in registered accounts, such as RRSPs and Tax-Free Savings accounts (TFSAs).
The article is dated November 2010 so maybe more brokerages are allowing this nowadays. You probably have to search around. It's a hassle but maybe worth it.
Thanks sschulman, I'll check out
Posted by rojoch on 6th of Jan 2017 at 05:33 pm
Thanks sschulman, I'll check out the link.
I found this link in
Posted by rojoch on 6th of Jan 2017 at 05:41 pm
I found this link in the comments at that site helpful too:
http://canadianmoneyforum.com/showthread.php/4828-TDW-RRSP-Currency-conversion-vs-quot-the-Gambit-quot
At the time of writing, it required a phone call *every* time... which could really add up if you're doing several trades per day.
There's got to be a better way.