We are planning to retire soon and be somewhere warm for a few months in the winter. We’re thinking the only logical way to do this is to buy some US $$$ now, and hold on to until we are ready to buy a property in the south somewhere.
is this a reasonable thought? When are the rockstars going to get into “warm…vacation areas? We’ll be “in” in a flash.
Before we go any further we need to make an agreement that we are invited to any tropical homes purchased abroad
Deal?
Ok great, not we can move on…..
Your idea to buy some US$ now can make sense but there are many determining factors. The two biggest is what value you think the US$ will hold when you are ready to buy and what will happen to the value of the dollars you buy if you are sitting on them. Inflation can eat away at them slowly or quickly depending on the inflation rate.
There are a ton of details around both those points….maybe a good topic for another video!
and Rock Star Vacation Homes does have a nice sound to it….no plans yet but we’ll keep you posted
That’s the idea, make it work for you. I never really played it out to that extent, that’s great.
If lending standards were where they used to be we may have US banks tripping over themselves to do it!!
So to take advantage of the decreasing US$ – if we can buy Canadian Real Estate Using US$ mortgage and our renter pays in Canadian $, we can take advantage of the decreasing value of the US $ in our CDN purchases. Know of any US $ mortgages available to Canajuns.
Karadza Publishing Inc. 1011 Upper Middle Rd E. Suite 1467 , Oakville, Ontario,
L6H 5Z9
Rock Star Real Estate Inc. (our brokerage) is located at a different
address, click here for details.
October 13th, 2009
Posted in 
We are planning to retire soon and be somewhere warm for a few months in the winter. We’re thinking the only logical way to do this is to buy some US $$$ now, and hold on to until we are ready to buy a property in the south somewhere.
is this a reasonable thought? When are the rockstars going to get into “warm…vacation areas? We’ll be “in” in a flash.
Before we go any further we need to make an agreement that we are invited to any tropical homes purchased abroad
Deal?
Ok great, not we can move on…..
Your idea to buy some US$ now can make sense but there are many determining factors. The two biggest is what value you think the US$ will hold when you are ready to buy and what will happen to the value of the dollars you buy if you are sitting on them. Inflation can eat away at them slowly or quickly depending on the inflation rate.
There are a ton of details around both those points….maybe a good topic for another video!
and Rock Star Vacation Homes does have a nice sound to it….no plans yet but we’ll keep you posted
That’s the idea, make it work for you. I never really played it out to that extent, that’s great.
If lending standards were where they used to be we may have US banks tripping over themselves to do it!!
So to take advantage of the decreasing US$ – if we can buy Canadian Real Estate Using US$ mortgage and our renter pays in Canadian $, we can take advantage of the decreasing value of the US $ in our CDN purchases. Know of any US $ mortgages available to Canajuns.