Hello,
I live in Canada and my father's financial advisor told him that he keeps at least 40% of his equity in Canada, since there is no currency risk. However, to me it seems like it doesn't matter in the long run since currency exchange is a zero sum game. Am I righ to think it is not a good reason to have an enormous 40% allocation in Canadian equity only because of the currency risk?
Submitted April 08, 2017 at 06:27PM by etienner http://ift.tt/2odi7Wt
