RetireJapan

Deep Blue wrote: ↑Mon Apr 29, 2024 5:06 am

sutebayashi wrote: ↑Mon Apr 29, 2024 1:44 am Heh, I see 160.40 was pierced while I was typing that

Back to 155. Some forex traders just had a very bad day

What do you mean it is back to 157 now

Where do we start tomorrow… might be back at 158 where it ended on Friday?

Heh, I see 160.40 was pierced while I was typing that

Guys, last Friday the yen acted like the world was coming to an end, and I suspect it could weaken further given the BOJ said nothing to support the yen following its meeting. The Ministry of Finance is responsible for the currency, apparently (it’s all wacky to me, since the BOJ’s policies obvious...

If I were in the business of say, air transport, I’d probably be wanting to hedge against adverse movements in the price of jet fuel. And let the speculators try to make money on price movements of jet fuel, and provide me with a liquid market for jet fuel. In my case with my investments, I’m not re...

I think assuming BoJ won't change policy is far too optimistic...... Just the timing is uncertain. Policy change yes - indeed they have already made policy changes under Ueda. But even if they scrap YCC, and NIRP, will they still maintain a loose monetary policy posture? I think they absolutely wil...

I'm planning to set up an iDeCo account at Monex. The portfolio that their Robo Advisor suggested for a low risk tolerance person (risk level 2 which is second from the most low risk) was this one with an expense ratio of 0.1366% incl VAT. Any good? One thing that worries me about this suggested po...

It attenuates intergenerational wealth transfer and accumulation Well Japan could use some more wealth accumulation and capital formation, I think. I’m holding out hope that these taxes are abolished before I have to pay them. (Yes I don’t fancy the odds, but with property prices rising in Tokyo th...

My wife and I joined NISA early in 2024 during the highest point in the TOPIX and SP500 indexes ever. I know dollar cost averaging is supposed to insolate you from the ups and downs, but the markets seems to turning the other way now, and part of me is sweating a little because our funds are turnin...

It’s an interesting topic… Starkimpossibility’s initial comment on that Reddit thread started out with: “…Regularly gifting money/assets to your child, to take advantage of the 1.1 million yen annual tax-free gift threshold, is a common and legitimate strategy.” But then all these other buts come up...

Chat-GPT is a very dangerous resource to use for tax questions, especially bilingual ones. Remember, it's often using data from forums like this one (and Reddit) as an uncited source. Yes. I asked it the question first in Japanese, before telling it to translate it to English. So I hope that the an...