Save in USD?
Tbill and savings rate for near cash vehicles is higher in US. Other than the cost of buying USD and risk of currency fluctuations, why wouldn't you put some liquid savings in US market?
Example: ZST in CDN yeild about 2.5%, BIL in USD yeild about 3.5%, trading fees/fund expenses excluded.
Similar for holding VFV vs VOO, and quite a few other funds; but perhaps a smaller difference than above. Just curious what other Canadian investors do.
u/beautiful_wierd — 2 days ago