Monday, June 20, 2016

Canadian Buying Stocks

Im new to the game. I live in Canada. I have a TFSA self investors edge through CIBC. I bought some American stocks on the NASDAQ. I purchased it with Canadian currency. My main question is, when i sell the stocks, will i be given American currency? Or will it swap to Canadian currency? Or can i keep that cash as USD? Which id rather do, as Id loose more money just by swapping currency. Im up 8% on my stocks over 1 weeks time. I guess i should call my bank and ask these questions, but as far as i know, there currently closed for the day.



Submitted June 20, 2016 at 08:30PM by LeeroyStocks http://ift.tt/28KM60F

No comments:

Post a Comment