Comments on: This and That # 114: So, why exactly did we spend $300m on an election? Edition http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161413 Canadian Capitalist Fri, 17 Oct 2008 15:49:11 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161413 Charles: Fair enough. "Benefit" is a relative word of course. What I meant is that the C$'s 15% drop has eased the pain (slightly) of a 25% fall in US equities. guinness: Are you converting CAD to Euros? If so, it isn't so bad as the CAD is pretty much flat with the Euro. Only the USD and Yen have been strong lately. Charles: Fair enough. “Benefit” is a relative word of course. What I meant is that the C$’s 15% drop has eased the pain (slightly) of a 25% fall in US equities.

guinness: Are you converting CAD to Euros? If so, it isn’t so bad as the CAD is pretty much flat with the Euro. Only the USD and Yen have been strong lately.

]]> By: guinness416 http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161385 guinness416 Fri, 17 Oct 2008 13:07:46 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161385 The CAD dive couldn't have come at a worse time for me. I'm in the process of transferring a whole bunch of cash to my Irish accounts (where I can get 6.35% and pay only 22% on it). Should have done it at the beginning of the month! The CAD dive couldn’t have come at a worse time for me. I’m in the process of transferring a whole bunch of cash to my Irish accounts (where I can get 6.35% and pay only 22% on it). Should have done it at the beginning of the month!

]]> By: moneygardener http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161236 moneygardener Fri, 17 Oct 2008 02:45:21 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161236 CC, I appreciate the link! Take Care. CC, I appreciate the link! Take Care.

]]> By: WhereDoesAllMyMoneyGo.com http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161235 WhereDoesAllMyMoneyGo.com Fri, 17 Oct 2008 02:02:26 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161235 Thanks for the link CC - have a great weekend! Thanks for the link CC – have a great weekend!

]]> By: Anon in Montreal http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161231 Anon in Montreal Fri, 17 Oct 2008 01:26:31 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161231 When thinking about investing in stocks for the long term, it's worth having a look at this: 1- The Oct. 16th clip: http://www.ft.com/cms/bfba2c48-5588-11dc-b971-0000779fd2ac.html 2- The Nikei over 20 years: http://paul.kedrosky.com/archives/2008/10/16/the_downikkei_c.html When thinking about investing in stocks for the long term, it’s worth having a look at this:

1- The Oct. 16th clip: http://www.ft.com/cms/bfba2c48-5588-11dc-b971-0000779fd2ac.html

2- The Nikei over 20 years: http://paul.kedrosky.com/archives/2008/10/16/the_downikkei_c.html

]]> By: MillionDollarJourney http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161227 MillionDollarJourney Fri, 17 Oct 2008 00:25:10 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161227 Thanks for the link CC. Enjoy the weekend! Thanks for the link CC. Enjoy the weekend!

]]> By: Charles http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161221 Charles Thu, 16 Oct 2008 23:06:40 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161221 As a holder of unhedged US equities... I can't exactly say that I've *benefitted* from the exposure, but it hasn't looked nearly as bad on my balance sheet as it has to an American. Now, if the US markets rebound significantly and our dollar doesn't... Yes, then I'll call it a benefit! As a holder of unhedged US equities… I can’t exactly say that I’ve *benefitted* from the exposure, but it hasn’t looked nearly as bad on my balance sheet as it has to an American.

Now, if the US markets rebound significantly and our dollar doesn’t… Yes, then I’ll call it a benefit!

]]> By: LiveWellSimply http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161219 LiveWellSimply Thu, 16 Oct 2008 22:49:48 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161219 Only 300m? American elections are far grander than that! We always discuss our costs in billions. Oh, we have a bit more debt than Canada too. Now at minus 10+ trillion. Unreal. Only 300m? American elections are far grander than that! We always discuss our costs in billions. Oh, we have a bit more debt than Canada too. Now at minus 10+ trillion. Unreal.

]]> By: Michael James http://www.canadiancapitalist.com/this-and-that-114-so-why-exactly-did-we-spend-300m-on-an-election-edition/#comment-161216 Michael James Thu, 16 Oct 2008 22:40:02 +0000 http://www.canadiancapitalist.com/?p=1383#comment-161216 Thanks for including my article in your round-up. I hope that Leith is right. Just because I have been managing my finances on the assumption that everything will turn out OK doesn't mean that I'm not worried. I just don't see any point in planning for anarchy. Thanks for including my article in your round-up. I hope that Leith is right. Just because I have been managing my finances on the assumption that everything will turn out OK doesn’t mean that I’m not worried. I just don’t see any point in planning for anarchy.

]]>