Q: I have about $55,000 invested in US stocks that I bought when the dollar was almost at par. I like all the stocks I have and I consider them blue chip long term holds and I prefer not to sell them. My question is do I sell them or keep them? I have CSCO, INTC, JNJ, SBR and DIS. Also if I keep them do I keep collecting the dividends in US and building a US cash portion which is what I am doing now or keep the stocks and convert the dividends to Canadian dollars. I am so torn with this since I am up like almost 30 percent on all these US stocks. Your thoughts please? I debate this everyday with no answer.
Jimmy
Jimmy