Search found 262 matches

by ToushiTime
Thu May 16, 2024 6:22 am
Forum: Stock market investing
Topic: Own bonds after you retire?
Replies: 0
Views: 69

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: 449

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: 998

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...
by ToushiTime
Wed May 01, 2024 5:22 am
Forum: Stock market investing
Topic: Will the Yen reflect Japan's economy over time?
Replies: 2
Views: 220

Will the Yen reflect Japan's economy over time?

I often wonder whether long-term economic performance correlates with the strength of a currency. A quick search found this: https://www.economicshelp.org/blog/143224/economics/is-a-strong-economy-generally-accompanied-by-a-strong-currency/ Over the next 20 to 30 years, I find it hard to imagine Jap...
by ToushiTime
Fri Apr 26, 2024 1:40 am
Forum: Stock market investing
Topic: Bond Allocation
Replies: 20
Views: 1117

Re: Bond Allocation

As I understand it, these inflation-linked bond funds only work if inflation rises more than expected. If inflation rises as expected, you lose out because regular bonds/bond funds are already discounted for inflation expectations, and the premium you pay for inflation protection from JGBi funds is...
by ToushiTime
Fri Apr 26, 2024 1:10 am
Forum: Stock market investing
Topic: Bond Allocation
Replies: 20
Views: 1117

Re: Bond Allocation

... From the transcript: "This is the risk if you retire in the year 2000, right? You retire, you think, wow, look at all this money I've built up. Wow, Cisco's doing so well. And then boom ,the dotcom bubble burst, you're 50% down, and you actually won't recover in real terms. So I think 13 y...
by ToushiTime
Thu Apr 25, 2024 10:52 pm
Forum: Stock market investing
Topic: Bond Allocation
Replies: 20
Views: 1117

Re: Bond Allocation

Again this is only for cashlike positions, not really and "investment" just inflation insurance. It has done that job quite well from the chart. What chart? I am looking at page five of this https://www.am.mufg.jp/pdf/koumokuromi/252189/252189_20231026.pdf which shows negative returns fro...
by ToushiTime
Thu Apr 25, 2024 2:42 pm
Forum: Stock market investing
Topic: Bond Allocation
Replies: 20
Views: 1117

Re: Bond Allocation

https://www.youtube.com/watch?v=JlgMSDYnT2o Yeah, I follow him, and Pensioncraft and James Shack. See his caveat at 8:11 mins. 100% equities has best returns if you can handle the deeper drawdowns along the way. People get nervous, particularly as they approach retirement, and risk screwing it up b...
by ToushiTime
Thu Apr 25, 2024 2:22 pm
Forum: Stock market investing
Topic: Bond Allocation
Replies: 20
Views: 1117

Re: Bond Allocation

Thanks I I have now moved part of my emergency fund out of cash and into JGBi. Are you going to hold them 10 years until maturity? I thought about parking some of my spare cash there but the debt-to-gdp ratio of 260% is a bit off-putting. I know the Japanese government has plenty of foreign reserve...