Q: I am purchasing a house in the U.S. and will be converting a substantial amount of CDN $. Am looking at using DLR.TO etf to facilitate Norbert’ s Gambit using Scotia ITrade..I will also be talking to Scotiabank to see what they would cost.
What source do I use to determine actual exchange rate instead of relying on BNS info? Is Knightsbridge an alternative? Are there better avenues to use for NG than DLR ?What are the risks using NG?
I find all this rather intimidating and appreciate your advice, and also other people’s advice. How would I access previous question on this matter? Thanks , Derek
What source do I use to determine actual exchange rate instead of relying on BNS info? Is Knightsbridge an alternative? Are there better avenues to use for NG than DLR ?What are the risks using NG?
I find all this rather intimidating and appreciate your advice, and also other people’s advice. How would I access previous question on this matter? Thanks , Derek