Should Canadians Buy US Stocks With Weak Canadian Dollar? (Currency Exchange For Beginners)

📈 My FREE Investing Course (Previously $200): https://skl.sh/3ODk1tN ► Get $50 For FREE with Wealthsimple Trade 🇨🇦💵 (Stock Brokerage): https://wealthsimple.sjv.io/6a3Xb In Today's video, we speak about whether or not Canadians Should currently be Buying US Stocks considering the weak dollar. As of April 2020, the Canadian dollar is only worth $0.72USD, which can have a huge impact on your stock market returns. Since the oil war, the Canadian dollar has plummetted to 5-year lows, leaving Canadian investors wondering what the best course of action is and whether or not they should be investing in the United-States stock market. Learn about Currency exposure and how it works relative to dual-listed stocks and foreign investing ETFs to maximize your stock market returns when investing in US stocks and ETFs. Resources I Use and Recommend: ► Get $50 For FREE with Wealthsimple Trade 🇨🇦💵 (Stock Brokerage): https://wealthsimple.sjv.io/6a3Xb ► Get $50 for FREE with Wealthsimple Invest 🤑 (ETF Brokerage): https://wealthsimple.sjv.io/KY7mN ► Get $50 in Free Trades with Questrade 🇨🇦 (Stock Brokerage): http://www.questrade.com?refid=5cc1f638589bf Thank you for LIKING this video and SUBSCRIBING to the channel! 🎥 Other Videos on the Channel!: REITs down 40%: https://youtu.be/uOyFWWjAeQU Buy Now or Wait?: https://youtu.be/BNGs-lIp99E Questrade Review 2020: https://youtu.be/Kle9GLJDBFU 30+ Year Dividend Stocks: https://youtu.be/ysk4-ypRDqM Day Trading in a TFSA?: https://youtu.be/0k2x58Vec7o Disclaimer: This video contains affiliate links, meaning that if you click on a product link I may receive a commission at no additional cost to you. I do not promote products, services or companies I have not personally used or those which I do not recommend. All opinions are my own.