I am new for the stock market. I have hard time to figure out lots of thingd by myself. I need your help.
The stock prices here showed are US dollar. The money I deposited is Canadian dollar. So, I am confused: If I buy US stocks, do I pay US dollar as the price is? That means I have to pay Can$1.30 for $1.00 stock, is that right? How about Canadian stock, how I will be charged, directly Can$ or exchange into US$ ? Considering the big value difference right now between the two currencies, should we buy which stocks?
Look forward to getting your professional opinion.
The stock prices here showed are US dollar. The money I deposited is Canadian dollar. So, I am confused: If I buy US stocks, do I pay US dollar as the price is? That means I have to pay Can$1.30 for $1.00 stock, is that right? How about Canadian stock, how I will be charged, directly Can$ or exchange into US$ ? Considering the big value difference right now between the two currencies, should we buy which stocks?
Look forward to getting your professional opinion.