wish this process would This process is costing a lot of money in other areas of the market
There are so many screaming buys out there like Sparton oil
that has been approached by an undisclosed suitor
I managed to buy 2k shares
No cash in the portfolio and I have nothing that I wish to sell as 80 percent of my holdings are in USA stocks
Here is a battle that we should all take on with are banks
In registered rrsp accounts any stock that is in the USA when sold must be converted back into Can dollars
The banks sold sold you the USA currency and say when you decide to sell MCD to buy GE you better think hard and fast
The banks will charge you conversion from USA dollars to Can dollars and from Can dollars back to USA
Dollars
This is criminal , yet when confronted they say thats the way it is
You should be allowed with rrsp accounts to trade usa stocks with the same usa dollars with no conversion fees unless you want to sell your fx
Thoughts