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Hack Forums Money Markets, Finance, and Investing › Invest In CAD all time Low 1 CAD = 0.76 USD

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Invest In CAD all time Low 1 CAD = 0.76 USD
Fortified Design
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Oct 13, 2016 09:02 PM
Seriously the title says it. If you invest in CAD now and you can make 5-25% in 2-5 months. It's a given. Or if you wait it out to cash out when it's par.

Simplified you buy CAD with USD at 0.76
3 mothts later CAD is at 0.86 USD you made 10 cents on your dollar

Seriously you can easily make 10 cents on your dollar in 2-4 months not joking.
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thales
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Oct 13, 2016 09:05 PM
Why invest into something just because it's low?
Fortified Design
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Oct 13, 2016 09:11 PM
(Oct 13, 2016 09:08 PM)AfterHours Wrote:  Because there is the potential for it to rise again from the ashes.


I live in Canada and I myself have never seen it fall below 70. Also it's only going to go up from here. Why take the risk. But I do think in the next two days it's going to go up one or two cents. Just how the candida. Economy works against Printed US cash.
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thales
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Oct 13, 2016 09:16 PM
I never said not to invest. Just saying investing in something just because it's at an all time low usually isn't good.
Fortified Design
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Oct 13, 2016 09:28 PM
(Oct 13, 2016 09:16 PM)thales Wrote:  I never said not to invest. Just saying investing in something just because it's at an all time low usually isn't good.

Agree with your point.
If you can tell a story with only six words what would it be?
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thales
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Oct 13, 2016 09:29 PM (This post was last modified: Oct 13, 2016 09:30 PM by thales.)
What you mean all time low?

[Image: 0c42a93d432c700566a1165dff701a54.png]

[Image: 802e70e0f2a219887997151cfc76e16a.png]
finalstud
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Oct 13, 2016 10:35 PM (This post was last modified: Oct 13, 2016 10:35 PM by finalstud.)
Canada would be an interesting place to visit
http://go.stockpair.com/visit/?bta=29634&nci=5991 https://fortunejack.com/affiliate/253910/ https://rocketr.net/sellers/finalstud
Tiscali
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Oct 13, 2016 11:56 PM
Not sure about investing now on Cad. I think that downtrend will continue till test 0.7 area. So it risky opne long position now.
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