Search found 627 matches

by sutebayashi
Tue Apr 30, 2024 10:39 am
Forum: General
Topic: Yen falling like a stone
Replies: 25
Views: 703

Re: Yen falling like a stone

Or just invest in low cost diversified index funds and ignore the noise. Much less stress, quite likely better results. As a speculator on the side myself, I 100% agree. Speculation is not something for everyone, and many do lose rather than win. Even smart financial analysts I have seen swore off ...
by sutebayashi
Mon Apr 29, 2024 7:03 am
Forum: General
Topic: Yen falling like a stone
Replies: 25
Views: 703

Re: Yen falling like a stone

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 :geek:

Where do we start tomorrow… might be back at 158 where it ended on Friday?
by sutebayashi
Mon Apr 29, 2024 1:44 am
Forum: General
Topic: Yen falling like a stone
Replies: 25
Views: 703

Re: Yen falling like a stone

Heh, I see 160.40 was pierced while I was typing that :)
by sutebayashi
Mon Apr 29, 2024 1:43 am
Forum: General
Topic: Yen falling like a stone
Replies: 25
Views: 703

Re: Yen falling like a stone

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...
by sutebayashi
Mon Apr 29, 2024 1:28 am
Forum: Stock market investing
Topic: Does it make sense to continue with the same strategy with this JPY/USD rate?
Replies: 151
Views: 71281

Re: Does it make sense to continue with the same strategy with this JPY/USD rate?

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...
by sutebayashi
Sat Apr 27, 2024 11:35 am
Forum: Stock market investing
Topic: Does it make sense to continue with the same strategy with this JPY/USD rate?
Replies: 151
Views: 71281

Re: Does it make sense to continue with the same strategy with this JPY/USD rate?

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...
by sutebayashi
Tue Apr 23, 2024 12:20 pm
Forum: iDeCo
Topic: iDeCo Robo Advisor Portfolio at MONEX...yay or nay?
Replies: 17
Views: 507

Re: iDeCo Robo Advisor Portfolio at MONEX...yay or nay?

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...
by sutebayashi
Tue Apr 23, 2024 12:09 pm
Forum: Inheritance/Estates
Topic: Inheritance tax and re-entry permit
Replies: 11
Views: 390

Re: Inheritance tax and re-entry permit

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...
by sutebayashi
Mon Apr 22, 2024 4:16 am
Forum: New NISA (2024~)
Topic: Market Fluctuations
Replies: 6
Views: 206

Re: Market Fluctuations

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...
by sutebayashi
Sun Apr 21, 2024 4:01 am
Forum: Taxes
Topic: Children's Accounts - Deposits and Gift Tax
Replies: 54
Views: 1086

Re: Children's Accounts - Deposits and Gift Tax

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...