Search found 16 matches

by mikeinjap
Thu Apr 04, 2019 5:49 am
Forum: General
Topic: Crypto's going crazy again!
Replies: 25
Views: 14127

Re: Crypto's going crazy again!

I have no idea but I'll try to find out more.

I think I'm just going to stick to index investing in my NISA account.
by mikeinjap
Thu Apr 04, 2019 12:46 am
Forum: General
Topic: Crypto's going crazy again!
Replies: 25
Views: 14127

Re: Crypto's going crazy again!

Not excited at all since I have no idea what drives the prices. Surprisingly, and don't ask me why but my wife got into crypto about a month ago after attending a seminar and put in ¥300,000 which I obviously advised against but she says its currently worth ¥1,600,000. Either she knows what she's do...
by mikeinjap
Tue Mar 12, 2019 8:31 am
Forum: Taxes
Topic: Exit tax
Replies: 2
Views: 1508

Re: Exit tax

Is this the same "Exit tax" as the one implemented since 2015 or the 1000 yen "Tourist tax" starting this year. I assume its the former and I have found an English summary below. On the second page is a summary and who it applies to. https://www.mof.go.jp/english/tax_policy/publi...
by mikeinjap
Fri Mar 08, 2019 5:37 am
Forum: Insurance
Topic: Long term Life Insurance vs possibility of leaving Japan
Replies: 5
Views: 2176

Re: Long term Life Insurance vs possibility of leaving Japan

My insurance person told me that all insurance companies require you to have residency/physical address in Japan because they are afraid of not being able to find you when its pay time. Unofficially, he told me that you could technically continue paying the premiums while not physically being in the...
by mikeinjap
Thu Jan 24, 2019 2:44 am
Forum: Stock market investing
Topic: Help understanding SBI table
Replies: 4
Views: 874

Re: Help understanding SBI table

I know some foreign brokers allows you to specify which lots to sell but not sure of Japanese brokers. I searched around but was not able to find any official information besides from Japanese forums. According to them, if you have purchased the same stock at different prices/dates, when you sell th...
by mikeinjap
Tue Jan 22, 2019 6:15 am
Forum: Stock market investing
Topic: Help understanding SBI table
Replies: 4
Views: 874

Re: Help understanding SBI table

I'm with Rakuten and mine shows the 平均取得単価 (Average purchase price) which makes more sense. According to https://faq.sbisec.co.jp/faq_detail.html?id=11060, in a 特定口座, the 取得単価 is the Moving average price (移動平均価格) including fees. I'm not sure what they mean by moving average though. The 約定価格 is the a...
by mikeinjap
Fri Jan 18, 2019 5:36 am
Forum: Stock market investing
Topic: Any recommended app for portfolio management?
Replies: 3
Views: 906

Re: Any recommended app for portfolio management?

I use ShareSight which is free for one portfolio, https://itunes.apple.com/app/sharesight ... 41214?mt=8. It also has a tax reporting feature. You can set your country, ie Japan or Australia and it automatically adjusts the fiscal year as well.
by mikeinjap
Tue Jan 08, 2019 1:27 am
Forum: Small Business/Self-employment
Topic: Resources about starting your business in Japan
Replies: 21
Views: 8252

Re: Resources about starting your business in Japan

Hi everyone, great post. I am currently employed by a company but I would like to start small consulting business as sole proprietorship in parallel. I would like to know how do you make your invoices for your service and what kind of information is mandatory. Also, I'll be curious if you are using...
by mikeinjap
Mon Jan 07, 2019 8:41 am
Forum: Legacy NISA (~2023)
Topic: 2019 NISA allowance
Replies: 10
Views: 2650

Re: 2019 NISA allowance

Actually I did see that fund as well but decided on the ex-Japan fund for a few reasons: 1. I'm already investing in individual stocks in Japan so I feel like I don't need to double dip. 2. I wanted some more weighing on the emerging markets but not confident in going for the complete Emerging marke...
by mikeinjap
Mon Jan 07, 2019 6:23 am
Forum: Legacy NISA (~2023)
Topic: 2019 NISA allowance
Replies: 10
Views: 2650

Re: 2019 NISA allowance

I've also been thinking about how to use my NISA this year after reading this forum. I played around with it last year as I didn't actually understand how it worked. I'm thinking of spreading it out throughout the year. I'm planning for 100% stocks and am thinking of just the 1 fund for now, the eMa...