RetireJapan

I'm wondering whether the National Tax Agency in Japan will let you claim tax credit on not just the taxes withheld by the IRS in the US, but also on the taxes withheld by the originating countries of the stocks held in the Vanguard ETFs For a tokutei kouza, the annual witholding statement only inc...

Is it possible to claim foreign tax credit on these tax amounts paid to foreign tax authorities by the US ETF or funds, so that you get to avoid triple taxation by the originating country Don't think so. I'm talking about Japanese tax credits. I'm not sure about US. The Vanguard document is intende...

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...

I usually file for foreign tax credit on the taxes withheld by my US online broker's clearing house but have never considered whether it might be possible to file for foreign tax credit on the taxes withheld by the originating countries of dividends on international stocks and bonds held by say VXUS...

I've sold off some of my holdings at Firstrade and am planning to remit some USD to my Sony Bank account here in Japan. Apparently once the money gets to Sony they're going to ask me to provide documentary evidence about where the money is from, in order to prevent money laundering and so on providi...

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...

Sounds like a domestic copy of the Vanguard LifeStrategy funds https://investor.vanguard.com/investment-products/mutual-funds/life-strategy-funds Yes it looks quite similar to those. A similar idea also to the venerable Saison Global Balance Fund except the Rakuten has currency hedging on the bond ...

Having the two asset classes mixed in the fund kind of misses the point IMO: I'd want to be selling bonds after a stock crash etc 🤔 Since the fund maintains the 70:30 stock to bond allocation I think that it sells the BNDW to buy the VT after a crash - all on auto-pilot. That’s why I thought it wou...

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 a...

What do you think of having 100% Rakuten Index Balance Fund (Equity overweight type) in the NISA account of someone who's recently retired? The fund rebalances itself which seems to me to be a nice risk hedge for when you're in your 70s and the 80s and perhaps have reduced faculties, and the 30% glo...