Where Does the Wisdom Lie?

Today I was driving, doing errands, and thinking about how to determine what the right next thing to do really is. On October 15, I became a US citizen, but did not have to give up my Canadian citizenship to do it. That was a blessing. So, the question came to me because my investments are in Canada and the Canadian dollar is tumbling once again. That means tension: tension because I have to pay my bills in US dollars.

This really was driven home to me before I realized the impact things had had on the Canadian dollar about four weeks ago. I took $2500 out of a Canadian account to pay for a few things here in the US. I nearly fell over when I received the foreign exchange notice in the mail shortly after: $614.95 in exchange. That $614.95 is lost and gone forever. It did not pay a bill, or pay for some treat, fun or luxury. It was simply lost.

So the question on my mind is: do I return to live in Canada and earn US dollars so that the living is made much easier with the exchange rate in my favor? Or, do I just keep looking for good ways to increase my income in the US and not uproot myself? Do I look at the current situation as requiring action? Or, do I say, 'This too shall pass." and wait it out.

It's a question of where the wisdom lies. It is the place between being reactive and being realistic. It's a conundrum, for sure.

Today, I have not come to a conclusion. If you have an insight, or are experiencing a similar dilemna, I hope you'll comment.

Cheers,
Rhoberta