Par for dollar predicted. Where are you modded46?

[benyl]

http://www.cbc.ca/money/story/2010/03/10/loonie-par.html

I thought the US was going to lead the world out of recession...

Good time to buy wheels, tires, electronics, watches etc... haha

[King Banana]

I hope it doesn't stop there!

[Aleks]

If it means oil goes to $150/bbl I am all for it :thumbsup:

[Cos]

yay cheap watches and bike parts.

[Xtrema]

And Alberta government keep getting poorer which eventually have to be taken out of us in increase taxes.

I always have $USD on hand so this doesn't really impact me that much other than that I may use the credit card more while I'm in US.

[JfuckinC]

Hello Corvette :)

[Graham_A_M]

^ lucky bastard. Are you getting a Coupe/convert. or a Z06?

I can finally order in an assload of stereo components in, and bike parts. :thumbsup:

[Jlude]

Trip to vegas coming up...

Been watching the dollar for the past few months... hope to see it par soon.

[civic_stylez]

Originally posted by Cos
yay cheap watches and bike parts.

first thing i thought... bike parts shopping spree...

[Cos]

Originally posted by civic_stylez


first thing i thought... bike parts shopping spree...

my akro exhaust is like $250.00 more here than the US, even with EngineGuy's discount off CGP.

BTW you have PM

[CRXguy]

He probably lost his house, xbox360 and bmw and is living somewhere on the streets. :rofl:

I might have to take a vacation this summer. :thumbsup:

[JfuckinC]

Originally posted by Graham_A_M
^ lucky bastard. Are you getting a Coupe/convert. or a Z06?

I can finally order in an assload of stereo components in, and bike parts. :thumbsup:

I was looking at Coupes yesterday on the trader, Might as well keep my crappy truck and buy a vette instead of an expensive truck haha, it'd be cheaper! :rofl:

Prob cheaper to buy one than the BMW you even have man!

'Vette (http://www.autotrader.com/fyc/vdp.jsp?ct=p&car_id=273696865&dealer_id=64950741&car_year=2005&rdm=1268256213899&lastStartYear=1981&model=CORV&num_records=25&systime=&make2=&highlightFirstMakeModel=&start_year=2005&keywordsfyc=&keywordsrep=&engine=&certified=&body_code=0&fuel=&only_price=1&awsp=false&search_type=both&distance=0&marketZipError=false&color3=&color2=WHITE&search_lang=en&showZipError=y&make=CHEV&keywords_display=&color=BLACK&page_location=findacar%3A%3Aispsearchform&min_price=20000&drive=&default_sort=priceASC&seller_type=b&max_mileage=100000&style_flag=1&sort_type=priceASC&address=83616&advanced=y&only_photo=1&end_year=2008&doors=&transmission=Manual&max_price=35000&cardist=757&standard=false&rdpage=thumb)

[Toma]

Par, 1.06, 1.08... who cares...

If 6 or 8% means anything to you, you're a broke ass that shouldn't be playing with cars/bikes.

You realize you guys are all excited over $8k on $100,000? lol

Now, take my advice and buy some US property instead of pissing it away on something that will be worth half the moment it hits your door.

:love:

[benyl]

Originally posted by Toma

Now, take my advice and buy some US property instead of pissing it away on something that will be worth half the moment it hits your door.

:love:

One step ahead of you.

I booked a ticket to Oahu yesterday for the end of April for just this purpose...

I have realtors sending me listings already.

[Xtrema]

Oahu?

Is there growth potential or is it just vacation property?

Seem to me even a shack will cost around $300K.

[benyl]

Vacation property.

Went there on our honeymoon.
Went again last year.
Going again this year.
Will probably go next year... haha

There some nice condos a few blocks from the beach for $300-$400K.

Par is a huge difference from $1.08 on $400K. $32K buys a lot of go fast parts for cars... haha

[Graham_A_M]

Originally posted by JfuckinC


I was looking at Coupes yesterday on the trader, Might as well keep my crappy truck and buy a vette instead of an expensive truck haha, it'd be cheaper! :rofl:

Prob cheaper to buy one than the BMW you even have man!

'Vette (http://www.autotrader.com/fyc/vdp.jsp?ct=p&car_id=273696865&dealer_id=64950741&car_year=2005&rdm=1268256213899&lastStartYear=1981&model=CORV&num_records=25&systime=&make2=&highlightFirstMakeModel=&start_year=2005&keywordsfyc=&keywordsrep=&engine=&certified=&body_code=0&fuel=&only_price=1&awsp=false&search_type=both&distance=0&marketZipError=false&color3=&color2=WHITE&search_lang=en&showZipError=y&make=CHEV&keywords_display=&color=BLACK&page_location=findacar%3A%3Aispsearchform&min_price=20000&drive=&default_sort=priceASC&seller_type=b&max_mileage=100000&style_flag=1&sort_type=priceASC&address=83616&advanced=y&only_photo=1&end_year=2008&doors=&transmission=Manual&max_price=35000&cardist=757&standard=false&rdpage=thumb)

Wow that car is pure sex. Yeah Im thinking about it, trust me I am. Man I should have bought a vette over this thing. :dunno:
You just cant argue with the $$ VS. Performance ratio of a Z06.
Make sure you post up what you get :)

[colt22]

This is bad news for our Canadian economy (exports). The reason the dollar is par anyways is the gross devaluation of the failing u.s dollar, which appears to be heading to a complete collapse as the fed keeps printing copious amounts of currency.

[atgilchrist]

Originally posted by colt22
This is bad news for our Canadian economy (exports). The reason the dollar is par anyways is the gross devaluation of the failing u.s dollar, which appears to be heading to a complete collapse as the fed keeps printing copious amounts of currency.

It's not just the US$ though. The CAD$ is rising fast in comparison to the pound and Euro as well.

[01RedDX]

.

[95EagleAWD]

Hope this keeps up for a year or it stays close.

Then it's F355 time.

[G]

Originally posted by benyl


One step ahead of you.

I booked a ticket to Oahu yesterday for the end of April for just this purpose...

I have realtors sending me listings already.

Damn it's hard to keep up with you and Rage....M3s, C63, full 3M work, expensive watches and vacation homes.

[syeve]

A group of us are buying a condo in vegas, 2 blocks off the strip for $35k. We are paying with a cheque :rofl:

[codetrap]

Originally posted by Toma
Par, 1.06, 1.08... who cares...

If 6 or 8% means anything to you, you're a broke ass that shouldn't be playing with cars/bikes.

You realize you guys are all excited over $8k on $100,000? lol

:love:

Whats wrong with getting excited about 6% or 8% 8K is 8K.

100K at 6% over 10 years is $182.5K, @ 8% is $223K. Don't know about you, but I'm happy with the difference.

Know what the difference between wealthy people and you is? Wealthy people use every tool at their disposal to stay wealthy. Feel free to piss away your money as you wish, but I'm going to continue to save every penny I can and retire rich.
:drool:

[rage2]

Originally posted by G
Damn it's hard to keep up with you and Rage....M3s, C63, full 3M work, expensive watches and vacation homes.
I can't keep up with benyl. No Hawaii vacation home for me yet. Still scared of Hawaii real estate, it's gone UP during the recession. Usually, it follows mainland trends at a 2-3 year lag, so I'm still waiting for the prices to fall and collapse before I jump in there.

[G]

Originally posted by rage2

I can't keep up with benyl. No Hawaii vacation home for me yet. Still scared of Hawaii real estate, it's gone UP during the recession. Usually, it follows mainland trends at a 2-3 year lag, so I'm still waiting for the prices to fall and collapse before I jump in there.

Maybe a MBA does get you more???? i kid i kid.

Wife is taking her MBA right now that costs as much as a base C63.

MBA for her
AMG for me :rofl:

[benyl]

Originally posted by rage2

I can't keep up with benyl. No Hawaii vacation home for me yet. Still scared of Hawaii real estate, it's gone UP during the recession. Usually, it follows mainland trends at a 2-3 year lag, so I'm still waiting for the prices to fall and collapse before I jump in there.

Please. You are the baller.

I only have 1 watch. What is your collection worth? haha. I am only looking at another one because I have to send mine in for it's two year service and I have gotten used to having a watch on my wrist every day. I don't own nearly every Tag Heuer ever made... lol

hahaha



By the way G, is your wife full time or part time? If she is Full Time, keep an eye on her. Full time MBAs like to fuck around. We did ours at the same time so we wouldn't break up... haha

[G]

Originally posted by benyl


Please. You are the baller.

I only have 1 watch. What is your collection worth? haha. I am only looking at another one because I have to send mine in for it's two year service and I have gotten used to having a watch on my wrist every day. I don't own nearly every Tag Heuer ever made... lol

hahaha



By the way G, is your wife full time or part time? If she is Full Time, keep an eye on her. Full time MBAs like to fuck around. We did ours at the same time so we wouldn't break up... haha


She is doing the Queen's Accelerated MBA for business graduates.

Funny you're not the first to say this. All this fucking is making me want to get my MBA.

No, I totally trust her. She wouldn't do anything to hurt me or our baby boy.

[Toma]

Originally posted by syeve
A group of us are buying a condo in vegas, 2 blocks off the strip for $35k. We are paying with a cheque :rofl:

A group to buy ONE Vegas 1 bedroom condo?

And they dont take checks... wire transfers work though, Vegas condos are essentially a cash market.

The damn "short sales" piss me off though... my last one has been 9 months since the offer was accepted, and still not finished.

The only place I can think of two blocks from the strip is the Dessert Tides. I own a 2 bedroom there..... because its so cheap, its crack whore central, and you cannot park there unless you join the rental pool. I didn't care with that one...its long term and I can stay there anytime I go down.... so far the rental pool performance is VERY disappointing, but Vegas economy stull blows goats.

[benyl]

$1.01664 right now. haha, we could see par by the end of next week.

I am sure the unemployment data that came out this morning helped the boost.

[Tik-Tok]

Originally posted by rage2

I can't keep up with benyl. No Hawaii vacation home for me yet. Still scared of Hawaii real estate, it's gone UP during the recession. Usually, it follows mainland trends at a 2-3 year lag, so I'm still waiting for the prices to fall and collapse before I jump in there.

Prices seem pretty cheap to me, Maui right now, and there's a few houses for mid 200's all over the island. Last time we were here ('08) there weren't any that cheap.

Lots of short sales/reo by the looks of it.

[colt22]

The USD and EURO are intrinsically linked, the europeans are hemorrhaging euros through the world bank to provide monetary support for collapsing us economy (bailouts), thus it pullmets with the USD.

The canadian currency is excellent. Our central bank is not private, our dollar is backed by gold and our banks are very responsible and heavily regulated, which is why we are seeing our economy push through the meltdown faster than other countries. Not sure how long we will be keeping our interest rates this low, but time will tell I suppose.
economists are now predicting parity as early as the end of this month.

[kaput]

.

[colt22]

Originally posted by kaput


uhh are you sure?

hm not sure why I thought that, canada went off the goldstandard in edit 19(29)..

What I should of said is our dollar is not tied to debt

On a side note does anyone here trade on the FOREX??

[Antonito]

uhh, are you sure?

[colt22]

1971 u.s, wiki fail... 1929 is canada

[colt22]

interesting article on china/u.s currency

http://news.coinupdate.com/what-are-china’s-plans-for-gold-and-the-us-dollar-0182/

[KandabashiDevil]

Vacations and materials are wasteful.

Property is the smart investment.

[codetrap]

Originally posted by KandabashiDevil
Vacations and materials are wasteful.

Property is the smart investment.


I disagree. Live today, plan for tomorrow. You don't know when you're clock is going to run out, and knowing that you didn't take time to actually enjoy life would sure suck while you're lying on the street bleeding out. Nothing worse that regrets when it's all over.

Then again, I plan on having it all. :) The fun experiences, a good life, and a healthy retirement to enjoy in the 8 figure range.

[ZenOps]

Gold backed dollars of any nation are extremely rare nowadays.

http://www.bankofcanada.ca/en/dollar_book/1914-26.pdf

If I had been a smarter man, I would have kept more of the 1967 silver dimes and quarters that Canada minted and made a fortune.

If you truly want to go deep into the subject I suggest reading up on Bretton Woods.

"On August 15, 1971 the United States unilaterally terminated convertibility of the dollar to gold."

Not too sure about Canada.

[Jeremiah]

Looks like I have no choice but to buy a car down south... sigh :burnout:

PS where can i get the best converted rate?

[benyl]

1.00743 : 1

Quicker than I expected.

My shopping list is growing.

[beyond_ban]

Originally posted by benyl
1.00743 : 1

Quicker than I expected.

My shopping list is growing.

Where did you get that number? The best i could find was the the Canadian dollar listed at 0.99305:1

[BigShow]

Originally posted by Jeremiah

PS where can i get the best converted rate?

:werd:

[Kloubek]

^^ He is talking about the reverse. 1 US dollar = 1.008 (now) Canadian.

[benyl]

Originally posted by beyond_ban


Where did you get that number? The best i could find was the the Canadian dollar listed at 0.99305:1



Originally posted by Kloubek
^^ He is talking about the reverse. 1 US dollar = 1.008 (now) Canadian.


Yeah, sorry.

$1.008CDN : $1 USD.

[beyond_ban]

Originally posted by benyl

Yeah, sorry.

$1.008CDN : $1 USD.

Ahh, that makes sense. I was excited for a second there. With the dollar steadily increasing i am getting more and more tempted to grab a quad or a bike for summer....

Hmmmm.

[JAYMEZ]

Going to Vegas next week to shop. Gfs dad is VP of a bank , so we get cheap cheap exchange! Woot!

[Sorath]

sweet when are you going to vegas jaymez? im going on the 27th
i wonder if its better to do currency exchange this week or next week

[JAYMEZ]

Originally posted by Sorath
sweet when are you going to vegas jaymez? im going on the 27th
i wonder if its better to do currency exchange this week or next week


26-28 .. Going with GFs family. :thumbsup:

I think wait a day or two.. We should hit Par , the US bank wont be changing interest rates , so we should keep going up.

[rage2]

Originally posted by benyl
My shopping list is growing.
My shopping list is pretty much done, I started buying at 1.02! :rofl:

[Cos]

I have a bunch of stuff on watch on ebay. Just waiting for it to get over.

Honestly I dont want to buy my bike parts but at such a good deal I cant resist. Hence why I am waiting. I dont believe the 5% will break the deal for me on a $250.00 order

[403ep3]

And we are on par!

[Intent_Fire]

Nope not quite yet, as of this morning were 0.999841 : 1

Looks like its going to go par today or at very least tomorrow.

[benyl]

It went over par a few times early in the morning.

[benyl]

http://www.xe.com/currencycharts/?from=CAD&to=USD

[kenny]

Funny how they have to put a little help tooltip on the xe.com homepage to explain that the Canadian dollar is worth more than the US dollar.

[Jlude]

Originally posted by kenny
Funny how they have to put a little help tooltip on the xe.com homepage to explain that the Canadian dollar is worth more than the US dollar.

:rofl: Just noticed that.

[b_t]

Man the dollar is good again and I'm locked into a lease.. just moved to a new town.. paid a bunch of bills... hopefully it stays par for awhile so I can enjoy it.

Is there any indication it'll start to drop again?

[benyl]

Not expected to drop before the end of the year. But that is someone's "opinion."

Who knows what will happen.

[bighead2267]

where is the best place to check Hawaii property? or even Vegas?

[codetrap]

Originally posted by bighead2267
where is the best place to check Hawaii property? or even Vegas?

If you're asking that, then you shouldn't be playing in that market.

[Tik-Tok]

Originally posted by bighead2267
where is the best place to check Hawaii property? or even Vegas?

Go to Hawaii, or Vegas.

[flipstah]

Oh man, great time to go on vacation! HAWAII!

Should you recommend buying now (flights + hotel @ Expedia or something) or later when it gets higher?

[Toma]

Originally posted by bighead2267
where is the best place to check Hawaii property? or even Vegas?
My Vegas Realtor is excellent.

He is born and raised there, and VERY helpful, and went out of his way for all our purchases..... I went through 3 different realtors before him

If you are serious and not going to just waste his time, he works for Exit United Realty, and I can get you his contact info.

PM me.

Having said that, to get a feel for the town, you really need to go down there, and have him show you all the areas in vegas.... expensive, cheap, run down etc... nothing gets you an idea better than being there.

First time down we spent 2 days looking and put in 4-5 offers. Got only one of those. Next time, spent a couple days looking put int another 4-5 offers, and only got 2 (so far).

Vegas real estate is weird, don;t find it weird when you see prices all over the map, or having to offer OVER list, and still not get it.

It's a weird market.

[Tik-Tok]

Originally posted by flipstah
Oh man, great time to go on vacation! HAWAII!

Should you recommend buying now (flights + hotel @ Expedia or something) or later when it gets higher?

Not many Americans are travelling this year, so you don't have to worry about not finding a place to stay. If we had waited until a week before we were going, we could have saved $500 on flights, just from last minute seat sales (which would have bought us another 4 nights at our rental condo). If you haven't booked yet, you might as well wait and see.

[flipstah]

Originally posted by Tik-Tok


Not many Americans are travelling this year, so you don't have to worry about not finding a place to stay. If we had waited until a week before we were going, we could have saved $500 on flights, just from last minute seat sales (which would have bought us another 4 nights at our rental condo). If you haven't booked yet, you might as well wait and see.

I'll guess I'll wait and see... So far, the flight+hotel is around 749-800, depending on where I go (Expedia, Co-Op Travel.)

I wanna go to Maui.

[Kloubek]

http://members.shaw.ca/kloubek/public/par.jpg

[nismodrifter]

yay for decreased cost of living!

[nonlinear]

Originally posted by nismodrifter
yay for decreased cost of living!

nah... no matter what the exchange rate is, we will still pay twice as much for everything than people in the states do. canadians are used to paying $8 for an extra value meal at mcdonalds... why the fuck would they reduce their prices just because our dollar is worth more?

what we need is competition... something that IMO is sorely lacking in the canadian market.

[Eleanor]

Originally posted by benyl
Who knows what will happen. Macro economics in a nutshell, haha.

[Jeremiah]

Originally posted by nonlinear


nah... no matter what the exchange rate is, we will still pay twice as much for everything than people in the states do. canadians are used to paying $8 for an extra value meal at mcdonalds... why the fuck would they reduce their prices just because our dollar is worth more?

what we need is competition... something that IMO is sorely lacking in the canadian market.

When we were at par a couple years back Mcdonalds dropped the price on their menu, but since put it back up. Maybe it'll go back down