Search found 268 matches

by ToushiTime
Tue May 21, 2024 11:59 pm
Forum: New NISA (2024~)
Topic: Yay or nay? Rakuten Index Balance Fund (70% VT + 30% yen-hedged BNDW) in NISA account?
Replies: 12
Views: 360

Re: Yay or nay? Rakuten Index Balance Fund (70% VT + 30% yen-hedged BNDW) in NISA account?

That's true. Might be something to be said for a balanced fund which overweights Japanese stocks and bonds like the Nissay Index Balanced Fund (equally weighted 4 asset classes type) with an expense ratio of 0.154% ? That one buys foreign stocks direct rather than via a US ETF, and so in a NISA acc...
by ToushiTime
Tue May 21, 2024 11:29 pm
Forum: New NISA (2024~)
Topic: Yay or nay? Rakuten Index Balance Fund (70% VT + 30% yen-hedged BNDW) in NISA account?
Replies: 12
Views: 360

Re: Yay or nay? Rakuten Index Balance Fund (70% VT + 30% yen-hedged BNDW) in NISA account?

Also, your future earnings and your Japanese pension are "yen hedges" in a way, as that part of your future income is all yen-denominated, not to mention your Japanese bank account. If you don't want to leave your spare cash in a bank account, there are JGBi funds, which roll over inflati...
by ToushiTime
Tue May 21, 2024 8:56 am
Forum: New NISA (2024~)
Topic: Yay or nay? Rakuten Index Balance Fund (70% VT + 30% yen-hedged BNDW) in NISA account?
Replies: 12
Views: 360

Re: Yay or nay? Rakuten Index Balance Fund (70% VT + 30% yen-hedged BNDW) in NISA account?

It might be quite tax-inefficient, especially in a NISA due to not being able to claim the foreign dividend deduction on the US tax. https://retirewiki.jp/wiki/Japanese_global_index_funds#Comparison_with_US_ETFs That's true. Might be something to be said for a balanced fund which overweights Japane...
by ToushiTime
Mon May 20, 2024 10:57 pm
Forum: Stock market investing
Topic: BNDX etf? eMAXIS Slim 先進国債券インデックス fund? or NF・外国債ヘッジ有ETF?
Replies: 8
Views: 480

Re: BNDX etf? eMAXIS Slim 先進国債券インデックス fund? or NF・外国債ヘッジ有ETF?

Hi. You're right. The eMAXIS Slim Developed Market Bond Index Fund is not currency hedged. I think that the idea about hedging bond funds is that the bonds allocation is supposed to stand fast when the stock prices plummet so that you'll have some capital to put into buying the now-cheap stocks in ...
by ToushiTime
Mon May 20, 2024 2:46 am
Forum: Stock market investing
Topic: BNDX etf? eMAXIS Slim 先進国債券インデックス fund? or NF・外国債ヘッジ有ETF?
Replies: 8
Views: 480

Re: BNDX etf? eMAXIS Slim 先進国債券インデックス fund? or NF・外国債ヘッジ有ETF?

I use the eMAXIS Slim one you mentioned. You might find this interesting: https://www.retirejapan.com/forum/viewtopic.php?p=38854#p38854 This was really interesting. Thank you. I think that I would much rather have less volatility than potential high returns over the long term once I am retired. Th...
by ToushiTime
Mon May 20, 2024 2:00 am
Forum: Stock market investing
Topic: BNDX etf? eMAXIS Slim 先進国債券インデックス fund? or NF・外国債ヘッジ有ETF?
Replies: 8
Views: 480

Re: BNDX etf? eMAXIS Slim 先進国債券インデックス fund? or NF・外国債ヘッジ有ETF?

I suppose one of these days, bonds will finally have a good year. Relieving the pressure off the bond aficionados, and the "I told you so" bond folks will finally be smiling, a little bit. Having a good year is not the purpose of holding bonds. Reducing volatility before/after retirement ...
by ToushiTime
Thu May 16, 2024 6:22 am
Forum: Stock market investing
Topic: Own bonds after you retire?
Replies: 0
Views: 134

Own bonds after you retire?

Retirement is still some way off for me, but this was really interesting: Many of you have probably read or read about this recent paper by Cederberg et al recommending 100% equities not just before but even after retirement: Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advic...
by ToushiTime
Fri May 03, 2024 12:58 am
Forum: Stock market investing
Topic: ETFs being wound up
Replies: 3
Views: 526

Re: ETFs being wound up

Question is: Do Toshi shintaku trusts also get wound up? There's a bit of background to explain the question: One of the ETFs I have 'Nikkei 400 Small and Mid-cap' (ticker: 1492, Mitsubishi UFJ) is being wound up because it's become too small and now inefficient to run. It's mostly in a general acc...
by ToushiTime
Fri May 03, 2024 12:35 am
Forum: General
Topic: Not Japanese, no entry
Replies: 14
Views: 1119

Re: Not Japanese, no entry

Doesn't happen often, but did today when I tried to board a Japanese Maritime Self-Defence Force ship that was open to the public. A bit miffed, to be honest. At the time I just said "oh, okay," and left, but I wish I'd have pushed back a bit more. Probably not a good idea to pick a fight...