Search found 60 matches

by Michel
Tue Sep 12, 2023 9:56 am
Forum: RetireJapan for Dummies
Topic: Seeking Advice on Investment Portfolio for Parents Living Abroad
Replies: 13
Views: 4416

Re: Seeking Advice on Investment Portfolio for Parents Living Abroad

Yes, there is no transparency and my parents seem to not worry and trust what they are being offered. As a matter of fact, they already enrolled in those products. Their mindset is even if we get a little, it's better than nothing. They don't know anything about investing so their full trust in in t...
by Michel
Mon Sep 11, 2023 11:47 pm
Forum: RetireJapan for Dummies
Topic: Seeking Advice on Investment Portfolio for Parents Living Abroad
Replies: 13
Views: 4416

Re: Seeking Advice on Investment Portfolio for Parents Living Abroad

They've been told that they don't have any front end...so I'm kind of at a loss. I can only wait until their first report comes out and see what is actually happening. Until then nothing else I can do.
by Michel
Mon Sep 11, 2023 5:10 pm
Forum: RetireJapan for Dummies
Topic: Seeking Advice on Investment Portfolio for Parents Living Abroad
Replies: 13
Views: 4416

Re: Seeking Advice on Investment Portfolio for Parents Living Abroad

So apparently in Portugal, when you open an account, only 30% of the money can be invested (some kind of regulation), or so the advisor says. Now that you mention it, more than 30% is being already invested so it doesn't match. Now, I told my parents to no follow through because of the fees being to...
by Michel
Mon Sep 11, 2023 4:23 pm
Forum: RetireJapan for Dummies
Topic: Seeking Advice on Investment Portfolio for Parents Living Abroad
Replies: 13
Views: 4416

Re: Seeking Advice on Investment Portfolio for Parents Living Abroad

You didn't give the fund allocations so I can't tell if the weighting is unreasonable. It is appropriate to have a little bit of home bias but I would agree with you that even someone living in the EU should not get too overweight in their local region. For the four equity funds you listed one is U...
by Michel
Mon Sep 11, 2023 3:39 pm
Forum: RetireJapan for Dummies
Topic: Seeking Advice on Investment Portfolio for Parents Living Abroad
Replies: 13
Views: 4416

Re: Seeking Advice on Investment Portfolio for Parents Living Abroad

Thank you for your reply,

So my reading was correct, those fees are just outrageous..
I posted an image of the allocation at the beginning of my post.

It doesn't show but if you right click on it and open in a new window you should be able to see it.
If not, I'll try to repost the screenshot.
by Michel
Mon Sep 11, 2023 1:49 pm
Forum: RetireJapan for Dummies
Topic: Seeking Advice on Investment Portfolio for Parents Living Abroad
Replies: 13
Views: 4416

Re: Seeking Advice on Investment Portfolio for Parents Living Abroad

to see the images, you might need to right click on them and open in new tab to be able to see them..
Sorry for the inconvenience
by Michel
Mon Sep 11, 2023 1:44 pm
Forum: RetireJapan for Dummies
Topic: Seeking Advice on Investment Portfolio for Parents Living Abroad
Replies: 13
Views: 4416

Seeking Advice on Investment Portfolio for Parents Living Abroad

Hello, I hope everyone is doing well. While I recognize that this forum primarily focuses on topics related to Japan, I'm reaching out here seeking advice regarding an investment portfolio that has been recommended to my parents, who currently reside in Portugal. I apologize for the off-topic nature...
by Michel
Fri Jan 13, 2023 5:32 am
Forum: RetireJapan for Dummies
Topic: SBI Active plan vs Standard Plan
Replies: 3
Views: 65146

Re: SBI Active plan vs Standard Plan

I don't use SBI so I can't be of much help, but what are the differences in services between the two?
by Michel
Fri Aug 19, 2022 3:02 pm
Forum: General
Topic: French investors
Replies: 0
Views: 8724

French investors

Are there any french investors in this forum? I am looking at opening an account in France similar to NISA junior for my sister's kids. I would like to do something for my nieces and nephews and invest for them in an account similar to a NISA junior. Rather than sending them some present (which from...