Quote:
Originally Posted by 4444
well, this may all change if the BoC lowers rates (which they may have to do as the economy STINKS)
i'd just buy now - if you can afford to go on this wedding trip, you can afford the 5% you may save / lose by locking in now.
live your life, stop worrying about things outside of your control.
if you really are worried, buy 1/2 now, then 1/2 before you go - hedge your risk!
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Thank you everyone for the suggestion. I will do this.... send 1/2 now and 1/2 after. The CAD will just keep dropping. If it goes up by the end of the year it just a bonus to me
PS I will time deposit the money to gain interest as well