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Originally Posted by xxxrsxxx
Anyone buying US stocks in your TSFA? How does that work? You deposit CDN into your TSFA and then convert that into USD? I assume you would have to open a US TSFA stock account to transfer that money into.
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That's what I do for my TFSA Questrade account. I deposit CAD and when I buy a USD ticket stock, it will automatically convert CAD to USD for me. Since the amounts I transfer aren't big enough, I don't bother with Norbert's Gambit.
I would check with your Broker to see how they handle it.