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No. of Recommendations: 2
1) I strive to keep half my securities in US $ and half in Cdn $
2) I prefer to buy on the exchange where there are higher volumes (so it's easier to buy/sell)

I can't comment on options but I would agree that points 1 and 2 above are big considerations.
Arbitrage movements by the financial houses though should mean that differences between the NY and TO listings are minimal to non-existent at buying time. Retail investors are unlikely to win at that game.
Personally I own more US stocks and European ADRs listed in NYSE than I do Canadian ones. I like the consumer facing companies and there is a lot more choice in NY.
Obviously finding the right stocks for you is the main thing wherever they are listed.
Personally I keep it simple and buy US stocks (or ADRs) in the US and Canadian stocks in Canada.
Hope this helps.
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