Hello,

DD will be starting college this fall north of the border. The USD/CAD exchange rate has varied from 0.95 five years ago to 1.46 earlier this year. At today's favorable (for us) rate of 1.27, the amount saved in her 529 account is sufficient to cover the cost. Is there a straight forward way of locking in this rate while spending down the account over four years? While choices in the 529 plan are pretty limited, I could imagine buying an equivalent amount of Canadian bonds or an exchange ETF or ??? in our taxable account. Would this be worth it, or should we just ride the exchange rate rollercoaster for better or worse?

Please help

I didn't find the right solution from the internet.

References:
https://www.bogleheads.org/forum/viewtopic.php?t=189671
Infographic Production Studio

Thank you

Отредактировано Russell Depp (2018-06-15 19:10:12)