RE:RE:RE:Quick QuestionIf your brookerage is converting currency you can bet that you are paying for it. Its pretty easy to figure out the exchange rate they use for the transaction versus what the bank of canada rate is on a given date. Its no fluke the banks make billions every quarter.
MS12345 wrote: Thanks. However, if keeping it in an RRSP, it will automatically convert to CDN. At least that's how RBC does it. Others see the same thing?
probowler900 wrote: If you are setting up a DRIP for AQN,keep it on the US side of your account.You get a more favourable stock price.Cash,you should get whatever bank conversion rate is.