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Is Now A Good Time To Convert CAD To USD? (2021)

Ways To Wealth 3 views

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Canada doesn’t print money during recessions like the US They use banks, bonds etc to create more money but does not print money like the US The US is the last dollar you want and the reason it’s worth more (Canadian dollar) is due to the US printing trillions of dollars again during Covid The US dollar is going to go down dramatically after they pass their trillion dollar build back better nonsense Everything you’re saying is exactly what you shouldn’t do Americans should be converting to the Canadian dollar The Canadian dollar got stronger when the pandemic hit cause we printed trillions of dollars cuz of Covid for unemployment, PPF loans etc I recommend doing everything opposite that this guy says If he was recommended converting Canadian currency to another currency besides the US currency than depending on which he was suggesting I would agree But to convert to the US dollar is absolutely absurd
Comment from : @teslas1932

You are wrong about everything The $CD did not rise The $USD declined in value Neither dollar is worth the paper it's written on This channel is a travesty for Canadians
Comment from : @ocanadastandinguard6840

This is great! I wish this was a monthly video series haha! I’m liquidating about $50k worth of us stocks to Canadian so I can put a down payment on a house I just closed on I have two months to pay so I’m checking daily on the best time to cash out 😅
Comment from : @1000lifelessons

Always enjoy the vids and learning about topics I would never think about or consider
Comment from : @jonathanslattery8623

Watched this from start to finish to give you that full view support Big liked #32
Comment from : @mrdividendinvestor

i found you through the suggested videos first your videos are very nice to hear and so relaxingi just made a YouTube channel so am definitely thanks for all your helpplease keep it up!just subbed!!👍
Comment from : @rammusic3006

Nice insights on the details around the exchange rate!
Comment from : @LucidInvesting

Stack those USD! Above 80 cents! woot
Comment from : @marcoz326

The CAD across all pairs is rising Just was trying to find out why
Comment from : @RedPillsbury

Another great vid, watched it all! Thumbs up
Comment from : @investingwiththeraufbros7884

Oh! This is so interesting! Something I never thought about!
Comment from : @NicoleFoti

Great Video! I will keep a eye on it
Comment from : @DowsStockTalk

Very good video
Comment from : @rastastocks2654

Great analysis on a convert, more success to come
Comment from : @ChoogyNet

we are keeping an eye on this see you around
Comment from : @aidenmiasworld

Nice insight on the dollar values We keep printing, lol
Comment from : @destinationdero

This is news to me, I gotta look more into this
Comment from : @unorthodoxsavings9552

This is good to know I might be needing to switch my American to Canadian here soon
Comment from : @TylerSinden

I should look further into currencies Great video!
Comment from : @financewithian2052

This is really interesting! I also think the US dollar will get stronger over time but a great time for Canadians to buy into the US market
Comment from : @viclucy-personalfinanceinv7533

Some good news there from Canada A nice share
Comment from : @DisruptiveWealthCreation

I do know that here in the US we are already anticipating recovery The algorithm that hedge funds and big firms use suggested selling growth stocks and moving money to recovery stocks I agree with your Buffet quote, right now people are fearful so it could be a great opportunity to swap currency Great vid as always
Comment from : @financemadesimple-personal2086