How the rising loonie is costing Canadian investors

In the short term currency fluctuations can do dramatic things to your holdings outside Canada

Losing gracefully is part of being a good investor.

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They made a lot of money when the dollar was falling, but this year’s reversal has cost them. They’re annoyed about this turn of events and wondering who to blame. God help us when the housing market falls. People are going to self-combust.

Some of us never got the memo. Submitted for evidence are the e-mails I’m getting from readers who are peeved about the impact of the rising dollar on their returns from U.S. stocks held directly or through exchange-traded funds and mutual funds.

Read the full article at: www.theglobeandmail.com