Search found 635 matches

by sutebayashi
Tue May 28, 2024 7:45 am
Forum: Taxes
Topic: Children's Accounts - Deposits and Gift Tax
Replies: 57
Views: 1826

Re: Children's Accounts - Deposits and Gift Tax

I am certainly not changing my approach radically. I simply will: 1. Get a signed contract between my mother-in-law and children. My mother-in-law takes this stuff pretty seriously, lol. 2. Inform my child upon taking over the account of the outside chance of complications, and arm them with a copy...
by sutebayashi
Tue May 28, 2024 7:44 am
Forum: Taxes
Topic: Children's Accounts - Deposits and Gift Tax
Replies: 57
Views: 1826

Re: Children's Accounts - Deposits and Gift Tax

I am certainly not changing my approach radically. I simply will: 1. Get a signed contract between my mother-in-law and children. My mother-in-law takes this stuff pretty seriously, lol. 2. Inform my child upon taking over the account of the outside chance of complications, and arm them with a copy...
by sutebayashi
Tue May 28, 2024 7:19 am
Forum: Banking
Topic: Yea or nay? Holding mutual funds at Sony Bank to qualify for Platinum Stage perks?
Replies: 2
Views: 93

Re: Yea or nay? Holding mutual funds at Sony Bank to qualify for Platinum Stage perks?

I wonder whether there’s a downside to buying say 10 million yen’s worth of a well diversified mutual fund such as SBI’s wrap of Vanguard Total World Stock ETF at Sony Bank instead of my regular broker (Monex)? Unfortunatey Sony Bank doesn’t sell eMAXIS Slim All Country so SBI’s VT wrap seems to be...
by sutebayashi
Tue May 28, 2024 7:08 am
Forum: New NISA (2024~)
Topic: NISA - portfolio for the longest term
Replies: 38
Views: 999

Re: NISA - portfolio for the longest term

It's interesting though that even though they're making a song and dance about their 0 commission dollar yen conversions, the small print does say that there is actually a BID-ASK spread Yes, but when the spread is so narrow, it becomes almost meaningless to think about - more than the spread, the ...
by sutebayashi
Sun May 26, 2024 1:10 am
Forum: Stock market investing
Topic: Ray Dalio Nikkei interview “ more inflation and higher gold prices”
Replies: 8
Views: 297

Re: Ray Dalio Nikkei interview “ more inflation and higher gold prices”

100% agree.

Global central banks are all targeting inflation of 2% or thereabouts each year. That’s an ongoing devaluation of those monies, whichever one you pick.
by sutebayashi
Sun May 26, 2024 12:58 am
Forum: Stock market investing
Topic: NISA a bad idea for mortgage holders?
Replies: 13
Views: 389

Re: NISA a bad idea for mortgage holders?

It really depends on your circumstances - the article author is saying that it’s better for most people to not invest in risky assets, but not all. I don’t really agree with him when looking at it from a long term view. If your investment horizon is more than 10 years, then the historical record is ...
by sutebayashi
Tue May 14, 2024 2:20 am
Forum: Stock market investing
Topic: Need advice: take profits?
Replies: 18
Views: 677

Re: Need advice: take profits?

cocacola wrote: Tue May 14, 2024 12:45 am This is why I transferred the cash to my own, personal Monex account, as it's so simple to make purchases of a plethora of different products there.
My kids have accounts with Monex, it’s possible.
by sutebayashi
Thu May 02, 2024 5:22 am
Forum: iDeCo
Topic: iDeCo Robo Advisor Portfolio at MONEX...yay or nay?
Replies: 23
Views: 1229

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

I have some BNDX and not happy about the JGBs in there but it’s small enough in the bigger scheme of my portfolio that I overlook it. I also looked at myindex.jp and yes believe the data presented suggests one ought to have some gold. I think the top portfolios there (from my perspective) had like 2...
by sutebayashi
Tue Apr 30, 2024 10:39 am
Forum: General
Topic: Yen falling like a stone
Replies: 27
Views: 1518

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: 27
Views: 1518

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?