just bought into dvc exchange rate pay off?

[treehugnmama]

I just signed contract for dvc. cost is about 8000 usd. i paid 14$ on 100 last night so I bought 2000. The radio said that the low exchange rate was to be short lived but I don`t know what he based that on.

any thoughts

i don`t know if I should buy another 5000 or wait......i don`t want to get stuck paying 30% like my last trip.

I also need another 2000 for my september trip it makes such a difference on that much money and I am sooooo not a gambler or a banker lol

 

[braydensmom]

I just deposited a us cheque into my US account today at the bank and when the teller saw me come up, she gave me a scary face and told me the news of trading at 0.09 today....thankfully i was just depositing and not switching over to canadian.
Canadian economy cannot sustain the level we are at (which is already a scary level) if the canadian dollar continues to rise...many economists have written articles in the past week or two saying the dollar will drop again. So i would do it now

 

[treehugnmama]

i keep reading .9 i pade .14 today??? I wonder why. I think I will go buy another 1000 right now

 

[braydensmom]

I would have been exchanging into Canadian money, therefore I think the bank adds .02 per dollar for their rate....same thing happens when you exchange Canadian to American, average of 0.02 per dollar extra, so thats why your numbers wer .14