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Nov 21, You must login to Pinkbike. Don't have an account? Sign up. Cheers for a rad welcome Red Bull. View this post on Instagram. Author Info:. First Ride: Rocky Mountain Element views. Desert Delirium - Dario's Rampage Randoms views. Score Time Who Faved. Did pinkbike cover the post that Makken made regarding Red Bull? From his FB page: 'Darth vader is back, i am finally done with red bull! I made up my mind months ago, but i had to wait with telling you due to contracts. I got tired of promoting a product i dont drink, promoting a company i dont really like and tired of seeing how i affects young kids drinking it. As a kid I believed that to be successful you need the support that RB claim to provide. Now i want to do my best so the younger generations of shredders stay clear of this company. At first i actually believed in RB. I believed that they were looking out for me and my sport. I later realized the corporate greed in a company like this is to strong for them to be able to look out for anyone else then them self. Here in Norway RB are really frowned upon and was illegal until On the regular i have had to defend my self for promoting it. The last year RB sucked the fun out of riding for me. Seeing the blue and silver colors made me not wanting to go ride. I wont allow a company like this to ruin the one thing that means the most to me, riding! Now that this situation is finally over i feel real good. I feel light, i feel free and i feel motivated. Ride Free???? Good for Mak, he's totally right, that stuff is absolute poison. Crazy that people buy enough of it to finance two F1 teams among other things. A cousin of mine was the team doctor for an auto racing team that had a Red Bull sponsorship VedranBaric Nov 21, at These guys are a good example of what to do when approached by shitcans: www. Glucuronolactone and Taurine are also safe in moderate doses and the effects on the mind and body are well known. Clearly drinking lots of a caffeinated high sugar drink aren't going to be good for you but in moderation, it doesn't seem any worse than any other sugary drink. Mikevdv Nov 21, at I love the athletes and participate in tons of sports they promote and watch a ton of red bull TV. Think I've drank 5 or 6 red bulls in my life Carry on Evil Corporation Where is RB white knight Wacky designs? I wanna hear his unique and reasonable defense why red bull is a great supporter of the mtb community and action sports in general? He can think of Red Bull whatever he wants but shitting on a company that payed his bills and he freely decided to represent is just a sign of poor character. And OMG a company is interested in making money I like the guy, meet him almost everytime I am in Hafjell. I am perfectly capable of understanding that this post isn't representative of all of who he is A bit in the lines of Pole with broken frame. It doesn't bother me though. It's his life, it's Redbull they will all be fine. Why should we care. All the strength to them all. WAKIdesigns Nov 21, at VedranBaric : mentioning Drinkwater with Redbull is R. You drink water to hydrate, you drink Redbull to get stimulated, just like you drink beer to get more or less drunk Do you shout drink water when you see people drinking beer which is at least as bad for you in various ways than Redbull?! Go, please, go around pubs telling poeople to drink water. So bloody awake mate! So courageous! You are doing the right thing aye? Don't read some stupid sht and think you are woke cuz you aren't. R0wsdower Nov 21, at It's not about 'drink nothing but water'. It was started as a counter-culture within snowboarding against the total domination energy drinks have over the whole industry and culture. From the perspective of kids all the cool pros they look up to drink energy drinks, so in order for them to fit in and be cool they drink them too. Drink Water is about showing kids they don't have to drink energy drinks to fit in or be cool, and to reclaim a bit of the culture from those giant corporations. R0wsdower : what's the movement telling them they don't need to have baggy clothing? They don't need to film themselves sending it? Saying are you scared like a chick? Oh you fainted, go on send it again! Then what about it is cool not to go with friends to send it, you can actually stay at home and study. WAKIdesigns : Those aspects of snowboard culture come from snowboarders and are unrelated to the big corporate influences. I'm not here defending snowboard culture as perfect. Most of the aspects you list here I agree aren't good. The difference is where that influence is coming from and who is 'controlling' the culture. Snowboard culture, good or bad, should be in the hands of snowboarders. R0wsdower : Ugh Culture is in the hands of Snowboarders, please don't romanticize with some hippie sht. Don't hurt yourself with that. The commercial interest is pushing the sport forward even if it attracts gapers per 1 valuable person to surf powder with. It doesn't matter whether it is Snowboard, Skateboard or whatever. Hitting slopes is expensive as hell, at least in Europe. You either suck on the commercial tittie to some extent or pick another hobby. I know where you are coming from, if you would read my comments from I'd be talking just like that. Power to the people bladi bla - it's your own responsibility to control your actions. Also, everyone is weak in some spot, if we weren't marketing wouldn't work. You have to see good in everything and make sure you realize that yes, you can have too much of something. The path of excess leads to the tower of wisdom though Energy drinks are for stimulation. They can actually make your day on the slope better if you use the correctly. It's a tool. Yes there is a bunch of folks who think caffeine is a Placebo They are too dumb to make a quick google search on wikipedia. Mikevdv : yes and no; they're a media company who's only sponsor is The one and only goal of RB's 'free' content or any event or sponsorship is to sell more cans. And I say 'free' in quotation marks cause is not really free, you're paying a very valuable thing, your attention. That attention is what shapes things and have made RB a staple, not the questionable flavor. I came here for the necromancy. All I got was Red Bull. So you will be teaching people about directing attention by crapping on Red Bull which has like no other company, promoted this sport and made it what it is today. It is free. From time to time I have energy drink too, is just a kick when I need it. I'm not worried for the attention given by adults who know what they do, but I'm quite concerned for kids. I was raised on water and I knew a couple things by the time RB was available in every single store of Europe, but kids these days start drinking RB at age 12, and often they do it on a daily basis, and is all right to them cause is 'athlete's drink'. By the time they know or care it's been a few years on the poison. Loads of sugar and caffeine don't do any good to kids. I suggest infusing water with psychoactive substances. Turn it into a microdose but only so that you need to drink 1. In order to avoid them vaping it, add a chemical compound that will destroy the active compound when heated above 40C. They will have no room in their stomachs for Red Bull. If you promote an in your country forbidden substance and you know it is also not the best for the health of your fans, a moral conflict could arise. I live in Bavaria beer advertisements are omipresent its hard for me to imagine banning them. If we are talking cigarettes it would be a totally different story, free will is an ilusion. DDoc Nov 22, at Mikevdv : true me too, but the problem I have is the product is taking up entire coolers at the store. The room for anything healthy on the shelves is getting smaller. Way better than Naked. A bottled water to encourage people to drink tap water to save the environment. As to Makken, I have my theory with no benefit of doubt, but my sympathy for him wins. Why share unfounded opinions. He is a wild guy, this sort of personality has its perks but everything comes at a cost. Even though they have all the conditions in place to do just that. VedranBaric : Water? Like what's in the toilet? No way! Brawndo for the win!! Now many events are funded by the windsurfers themselves. If beer companies didn't promote sports there would be a lot less sports events. Bit of a moral dilemma, but you got to work with the system or its going to work you. Also, anyone who has ran a decent business knows that 'real business is dirty business. DDoc : There is no going around educating your kids yourself and leading them by your own example from early on. I am tired of hearing folks who don't have kids and parents who don't do sht with their kids whine on how social norms should look like and how society should do their fkng job. More and more energy drinks? Hah, did you see the stand with snacks? With protein bars and drinks? Did you look at readily prepared meats? You will piss on redbull and prop Juices? If you are really interested in the subject google amount of carbs and sugars in juice VS Cola or Redbull. Nutrition is way more complex than identifying something as 'chemical' or 'natural' or looking just at how much of what a particular product has. Bullsht of elimination of particular comunds is horrific and serves nothing more but a growing industry of online holistic bullshitters. Let's cut Energy Drinks and our culture will be cleaner - that's a classic in psychology of group dynamics. Majority of Humans, especially Teenagers AND students have general problems with understanding nutrition. We are too early in history of humanity to have well grounded knowledge fundamentals of relatively balanced diet, thus we can't expect it from kids yet. It is only now that reliable information about nutrition is becoming accessible. It is the generation of current teenagers that may eventually be the first to teach their kids from ground up the basics of what should be eaten in what amounts and in which combinations. DDoc : as to real business dirty business, another problem with understanding of how humans work and how human structures work. What do you mean by dirty? Hiding murders? Lying about contents of products? Without putting yourself in the shoes of every person in the chain of actions: what does marketer wants, what does company owner want, what does the guy delivering packages want, what do they want individually from their work, what emeaning they find, who do they serve, what do they do as a whole, what do in cerrtain arrangements. Once a company becomes big enough it stops being able to have enough 'empathy' to individual clients but it is capable of helping wider group of people, generating more revenue, simply doing more, contribute to more and more sectors which affect everyone's lives. Grassroots stuff is cool, very personal approach, but frnakly, all they can do is organize a happening, give some dude a free Tshirt. You have to be able to attribute various organizations, political systems to groups of people of all sizes. Which is worse, the vodka or the Red Bull… or a beer, a Starbucks coffee, or a takeaway curry etc.? Are all these products as offensive, should they all be banned… and would we be better off without Red Bull sponsorship and Red Bull tv? I don't think so. WAKIdesigns : You say people whine, but really, you're the only one over reacting, here I don't see redbull as a healthy drink, that's why I don't think it should be promoted around sport events, just like mc donald's, alcoholic beverages, and others. At some point, it's not even promotion, it's more like shoving a product down people's throat. If you like it, good for you, but I don't think it should be advertised as a 'cool' thing, the way it is right now, especially on fields where you find kids and young adults who are suggestible. WAKIdesigns Nov 22, at Everyone is. I am, you are. The only reason you are not hooked on it is because you are hooked on something else you find to be 'helpful' and seek comfort for your opinion among like minded people. I don't feel being shoved anything else but a couple of standards. There's always choice not to drink Red Bull, not to take Meth, not to get hanged up of some ridiculous diet, or whatever. You have problems stopping yourself from drinking it? Do you need mommy and daddy to tell you want is right or wrong, or your bros to assure you in your opinions? Anyone going to the Springwater Rampage next year? Cigarettes used to be marketed as cool, now they've long since had their marketing methods cracked down on in the name of health and safety because of the direct tie to their effects. But in terms of energy drinks, I think these would need to be solidly convicted on detrimental health effects before any regulation of marketing could happen. Otherwise, you're starting a slippery slope of limiting other less-healthy items such as Pepsi, or chips, etc. When extensively consumed long term do energy drinks negatively affect health? But so do Pepsi and chips, should those not be marketed as 'cool'? A part of lifestyle. Just read comments under todays article on Yeti. Altron Nov 22, at Big time. I worked for RedBull for a couple years, did marketing and event promotion while completing scientific training during my undergraduate degrees. Company treated me great, sponsored a lot of really cutting edge events, and generally were a company I could support. I even entertained having a career in marketing due to my enjoyment of working at RedBull. Got a competitive fellowship to do marketing with Apple, found out they were And still are enthusiastically supporting slave labor in China And Chinese government sponsored retaliation against whistleblowers for the production of their products Foxconn is the producer. Quit my job with Apple, and pursued graduate degrees in public health and basic science. Decided I wanted to do work where I was actually making a difference and I now work in public health and generally have disdain for most major corporations. However, I have no disdain for RedBull. Yes they are still pushing a for profit agenda but they are not exploiting third world labor or lax environmental regulations to extract wealth from other parts of the world. And sure all the sugar in their beverages as with any soda is a concern from a chronic disease standpoint. I guess I also have a hard time feeling sorry for the poor underprivileged pro athletes that have to struggle so much with RedBull support to live their dream of being a professional athlete sarcasm fully intended here. Altron : please do drink water, you do need it. If you just drink Redbull you die. Or get crazy and want to save the world by flying airplanes to ride E-bikes. Sorry that is an effect of Monster energy Mikevdv : Well said, I completely agree. I don't see why people get on their high horse about the company. They've chosen to direct their sponsorship money towards action sports that other companies haven't touched and that has been immense for many of these sports. WAKIdesigns Nov 23, at Bwagon Nov 23, at People want to defend Redbull for 'promoting' all these sports. Redbull just happened to scheme up a plan to try to monopolize. Either way, the sports would grow and other copanies would have seen the opportunity soon enough. Bwagon : really? All I see is leather jackets, shiny buttocks, strings and wanker diesel trucks. The difference is, hippies of the 70s at least took lots of mind altering drugs, you take weed at best. They also went into a field for 3 days, they did something and stopd for something. Snowboarding extreme my ass. But no Rampage Extreme! So progression! Now you know you sucked and probably still suck. And even if not, you are stuck in some old memory of life you never lived. All good things come to an end. Deal with it Princess. And there is nobody worth a tiniest bit of your friendship who will judge you for trying the new thing. Redbull became the biggest force in nearly all sports. Only the best get it. Your respect is irrelevant. Like Stella Artois. I am not defending Red Bull, theyneed no defending and their legacy is clear. I am telling you to get your sht together. I actually wonder what is the color of piss of all these drinkwater woke as fuk folks. Do you even drink enough water bro. Bwagon Nov 24, at WAKIdesigns : you sound like a coke addict. WAKIdesigns Nov 24, at Bwagon : experience? When you find yourself refreshing PB all day for new field tests and then just randomly commenting on side stories to kill time. No shit! How long are they going to stretch out the field test. I want the Enduro bikes. MikeyMT: sorry guys, we've got Chris editing as fast as possible. We'll have the Trail bike editors' choice round table dropping later today. I'm glad I'm not the only one Lagr FL Nov 21, at This addiction is because we want to know which bike broke miserably, get real people. Lagr : Not me, i'm generally interested in the bikes. I feel so conflicted with these. So stoked for Laurie to get such a behemoth of support and recognition behind him. He is one of my favorite riders to watch. I get that Redbull has a lot of money and contributes a lot to our sport. Buuuut- at the core of it is that these drinks are terrible for kids, terrible for health, and the message that these will help you achieve the level that Laurie or any other athlete is just false but pumped into the subconscious of the masses. Congrats Laurie but god I wish the products with money to give to the sport were better. There are alot of products out there that can be terrible for people. Soda, beer, starbucks, dunkin donuts, McDonalds, oreos, etc. The list is endless. All these products are terrible if not consumed in moderation. Let not single out redbull here as some kind of boogeyman. I'd bet that one big mac a day is much more detrimental to ones health than a can of redbull every day. Rather, I think Energy Drinks in particular have been marketed with the implication that they enhance athletic performance when I think it would be rare for a health expert, sports trainer, or athlete to suggest that the beverage positively influences health or sport specific performance. It not just them. It all marketing for products- but these are the big names in this sport. A Redbull sponsorship is the epitome of success in our sport despite the fact the product does not relate to performance in the sport or even general health outcomes. Also- it is a conflict because I genuinely appreciate their contribution to the sport; allowing athletes to train, produce media, develop products etc and the sport wouldn't be what it is without them. You would have to be naive or retarded to believe drinking a sugary bad-tasting drink was going to single handedly make you into an elite level athlete. That's why its the main ingredient in most 'pre-workout' supplements out there. Many of which are in fact recommended by trainers and used by high level athletes. Of course there is the issue of sugar content in some of these drinks, and also the caveat that everything is done in moderation. But its not crazy at all to say that a Redbull or any other energy drink could be a positive aid for training or competing athletes. I regularly used caffeine as a study aid throughout the latter part of my undergrad, MA and PhD coursework. I believe it really helped- though at times when I over did it also saw the negative impact through disrupted sleep which research now supports is one of the most important factors in memory and physical performance and increased anxiety. It's so complex though using things like that as there are real pros and cons. So yes- I would agree that there may be some short term benefits of it in certain situations but would suggest the way use is advertised in sport has far more risk of harm than benefits. As someone who works clinically and in research with child and adolescent mental health I do have a very negative bias towards Redbull and similar beverages. I will own that that bias carries over outside of areas of clinical importance or competence to me. However, my opinions on it weren't formed by some predisposed philosophical framework of 'big company bad', 'no to drugs' etc. I don't think that kids should be drinking any meaningful amounts of caffeine. I do agree there is a gray area here about whether this stuff is marketed to kids though. But the products themselves are generally safe as long as they are not abused. Hardly evil as some would want us to believe, especially compared to so much of the other garbage out there that people put in their bodies. Also just because your kid knows the brand red bull doesn't mean they are going to drink it. Thats were a thing called parenting comes to play and you teach them about the possible dangers of energy drinks But hey thats tough stuff so better just blame red bull for all your problems lol. Red Bull and caffeine in general absolutely enhances athletic performance. It's obviously not going to turn you into an elite athlete but there are definite improvements to be made by taking 2 espressos worth of caffeine roughly an hour before exercise. The other ingredients are also likely to help in the short term rather than hinder. All three primary colors. Have you ever looked at kids toys? Primary colors and cartoon logos. Ask Camel about Joe. Do I give a shot? See comment above. BenPea Nov 22, at You've been around long enough to know that for every person who is evolving, another is scratching around their trough with their eyes and ears jammed full of BS. When marketers get psychological profiling down to a T, they can convince targeted groups of pretty much anything. Don't believe that a free market will regulate itself enough to protect the population. Look what the food industry has done to the BMI of Americans, who are supposedly the most advanced society on earth. We all contain certain buttons. It's not hard for an entity to push them if it's prepared to do what it takes to hack into people's minds. BenPea : absolutely yes. Everything has to be taken with a pinch of salt. Do I believe a caffeine and sugar heavy drink can marginally improve my performance? Is there anything on the planet that can turn me into an elite level athlete? One would hope parents and teachers in countries with compulsory education up to the age of 1 would make it impossible for this to be missed. Read any research on logo colors and designs there is plenty and you will understand why Redbull chose the colors they did specifically red for the bull. If you don't feel like doing that I'll save you some time, it has nothing to do with children. If RB wants to stuff money in the pockets of succesful athletes I say go for it! Even if they make their money off dragon pee sales. Congrats Laurie! Enjoy the extra cash and whatever else comes with it! And remember when they ask for you to post with their product in the photo, any photo with your RB helmet on counts. I agree, good on Laurie. Take the money. Always take the money. Cocaine, hookers and a trip to the dentist? Have it! All these virtue signalling commenters make me sick. Don't pretend for a minute you wouldn't take the money, fame and support that goes with a RedBull sponsorship. Way to go, Laurie. You deserve it. I look forward to seeing you become an absolute DH Legend. Fact the 4 people that down voted you are communists. Well water is the main ingredient in redbull Amazing resource to have in his back pocket. MarcusBrody FL Nov 21, at I'm stoked for Laurie. His completely balls out style on his race runs makes him one of my very favorite racers to watch. This will certainly make his life easier. I don't really like energy drinks in general, but I do appreciate the support Redbull provides for a lot of the sports and athletes I enjoy watching. I mean, he just posted it on his Instagram story saying thanks for the welcome, so, I'm going to say Need to check Vital for confirmation. Laurie is a great ambassador to the sport and a talented rider. Congrats to Laurie! A big step for a great athlete. If you dont like redbull dont drink it. And newsflash.. Corporations exist to make money not advance your obscure social agenda. Without redbull money we would not have so many great events to watch or attend. Awsome all he needs now is a good health insurance so we don't need to throw money together to pay for his broken back. Jamessquarestuff FL Nov 22, at This is excellent. Couldn't have happened to a better guy. Fair play. BreakLikeTheWind Nov 21, at HopeFbn Nov 21, at Golden-G Nov 21, at Earth shattering news! My life is changed forever Hellz yeah. I was contemplating if I want to go on living this afternoon. This guy is on a roll. Well played RedBull. Another soul for the devil. Laurie has just confirmed it on his Instagram story feed. Love how Rachel put a thing over his face to try and hide it. Laurie Greenland joins RB , maybe he is Bruni new teammate for ? Will-narayan Nov 23, at Laurie Greenland looks like a young Ed Harris btw. GatoGordo Nov 21, at BigToner FL Nov 22, at Does it means we can get rid off Sebastian Keep then? Frostie89 Nov 21, at Nah she's still with them instagram. People would lose their jobs if they dropped someone with the sex appeal of tahnee. TheBearDen : absolutely. There is no downside. Thank goodness some people do buy it is all I can say. Luis-Sc: So lets get this straight. You signed up for the event knowing you could fall and get hurt and chose not to get insurance. Then when you fall your fault not red bulls your mad because it took medics only 30 min to come find you on the side of a mountain and address your non life threatening injury. Then to top it off you expect red bull to pay for your mistakes? Luis-Sc: so you ruined fox hunt for everyone else? If you're not paying for the product you are the product. Post a Comment Login or Sign Up. All rights reserved. Mobile Version of Website.
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Hafjell buying marijuana
Post by tpn » Thu Apr 21, pm. Post by jfave33 » Thu Apr 21, pm. Post by Cyclesafe » Thu Apr 21, pm. Post by dltnfs » Fri Apr 22, am. Post by Valuethinker » Fri Apr 22, pm. Post by Karamatsu » Fri Apr 22, pm. Post by GenXer » Fri Apr 22, pm. Post by tpn » Fri Apr 22, pm. Post by Rainier » Fri Apr 22, pm. Post by hafjell » Fri Apr 22, pm. Post by dltnfs » Fri Apr 22, pm. Post by jfave33 » Fri Apr 22, pm. Post by patrick » Fri Apr 22, pm. Post by Watty » Fri Apr 22, pm. Privacy Terms. Time: 0. Quick links. Should i hedge against currency exchange rate risk for foreign tuition? Have a question about your personal investments? No matter how simple or complex, you can ask it here. Post by tpn » Thu Apr 21, pm DD will be starting college this fall north of the border. At today's favorable for us rate of 1. Is there a straight forward way of locking in this rate while spending down the account over four years? While choices in the plan are pretty limited, I could imagine buying an equivalent amount of Canadian bonds or an exchange ETF or??? Would this be worth it, or should we just ride the exchange rate rollercoaster for better or worse? Re: Should i hedge against currency exchange rate risk for foreign tuition? Post by jfave33 » Thu Apr 21, pm I would consider it but the execution may be tricky. A Cad etf might be okay. Something like FXC. No idea if you can get that in your If you use it in taxable and the downward trajectory reverses you then have the problem of your taxable account shrinking but your will buy more CAD so you could have leftover funds in the that you would otherwise have had in taxable. Not sure if you can hold CAD in your If not you face the same risk of overfunding the Over the 4 years the rate will fluctuate both for and against you so you may come out in exactly the same position without hedging but again who knows. Holding an account outside the US will cause you and the bank a great deal of paperwork at tax time. Alternatively, you can pay the tuition in advance - perhaps at a discount. Post by dltnfs » Fri Apr 22, am At least in concept, hedging within the plan might have a special benefit, if it means you have exactly the right amount to pay tuition etc. Hedging the in taxable doesn't have that benefit, though. If you think that Canadian dollars are cheap now, then you should buy them. That would be true regardless of where your daughter is going to college, though. If a change in USD. CAD would change your life e. Otherwise, I don't think it matters. The paperwork required to report foreign accounts to the US government is stupid and the penalties if you make a mistake are extraordinary, but it's not very difficult. Of course, by saying that I probably guarantee that I just screwed mine up You could just open a forex position, like at Interactive Brokers, at relatively low cost. IB charges much less than any bank I've used, though the interface is not too friendly. If you hedge the in taxable, then you should model your net after-tax returns as a function of USD. I think forex might end up okay for that since Section losses may subtract without limit from your ordinary income , but I don't know enough to say more. Post by Valuethinker » Fri Apr 22, pm tpn wrote: DD will be starting college this fall north of the border. Post by Karamatsu » Fri Apr 22, pm This does seem like one of those rare situations where hedging is both a good idea and practical. I would definitely look into the option of paying tuition in advance, though. When I was at university during the term of a certain president, tuition doubled between my freshman year and graduation, so advance payment was a tremendous savings for those who could afford it at the time. If the option does exist, though, you might want to see if what the implications would be if DD decide she wants to transfer later, study abroad for a year, etc. Post by GenXer » Fri Apr 22, pm Maybe you should wait a semester or year to see if your daughter wants to stay and graduate from there? Last edited by GenXer on Fri Apr 22, pm, edited 1 time in total. Post by tpn » Fri Apr 22, pm Thanks all for the helpful replies; lots to think about. I should have mentioned that neither falling a bit short nor having a remainder in the account would be problematic. Post by Rainier » Fri Apr 22, pm Not rocket science to hedge this. Open a fidelity account and buy the foreign currency. You can wire out the foreign currency to pay for school. Can you reimburse yourself from the ? I assume yes. I do this for future trips to Europe where I have known costs in Swiss Francs. In my case I would convert back to USD to pay my credit card bill. Since the Franc stayed low for my trip in February I did not sell, instead I am rolling them forward to the trip. Post by hafjell » Fri Apr 22, pm Rainier wrote: Not rocket science to hedge this. Post by dltnfs » Fri Apr 22, pm Rainier wrote: Not rocket science to hedge this. Post by jfave33 » Fri Apr 22, pm Rainier wrote: Not rocket science to hedge this. We're planning to open a student account at a Canadian bank in our daughter's name when she arrives. One possibility is to transfer half of the 4-year total to a high-interest savings account in her name, similar to Valuethinker's suggestion. Will look into the possibility of an account in my name as well; I'm not a Canadian resident but am eligible for citizenship. Last edited by jfave33 on Fri Apr 22, pm, edited 7 times in total. Post by patrick » Fri Apr 22, pm The first thing I would look for is a futures contract to deliver CAD currency at a later date. Perhaps every year or at the start of every year. Guarantee the future cost with the contract for currency. Perhaps everbank. Post by Rainier » Fri Apr 22, pm dltnfs wrote: Rainier wrote: Not rocket science to hedge this. Post by dltnfs » Fri Apr 22, pm Rainier wrote: Im sure you can do it cheaper at other brokers. Might need larger balances too. Post by patrick » Fri Apr 22, pm dltnfs wrote: patrick wrote: The first thing I would look for is a futures contract to deliver CAD currency at a later date. Post by dltnfs » Fri Apr 22, pm patrick wrote: There's really no gain or loss, just buying the currency at a later date. It's like ordering money 6 months from now to buy something in a foreign country, but, the cost is set by the futures contract good or bad. It's not a trade just a forward currency purchase at a set price. Companies do it frequently when buying from overseas at a later date, just to establish the purchase cost in advance. No big surprise in the exchange rate 6 months down the road if they do that today. Post by patrick » Fri Apr 22, pm dltnfs wrote: patrick wrote: There's really no gain or loss, just buying the currency at a later date. Post by Valuethinker » Fri Apr 22, pm tpn wrote: Thanks all for the helpful replies; lots to think about. Post by Watty » Fri Apr 22, pm The Canadian Financial Wisdom Forum is sometimes refereed to as being a Canadian sister site to the Bogleheads and there is a link to it on the main Boglehead forum we page. You might ask for suggestions there. No guarantees are made as to the accuracy of the information on this site or the appropriateness of any advice to your particular situation.
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