Search found 629 matches
- Mon Apr 22, 2024 4:16 am
- Forum: New NISA (2024~)
- Topic: Market Fluctuations
- Replies: 6
- Views: 293
Re: Market Fluctuations
My wife and I joined NISA early in 2024 during the highest point in the TOPIX and SP500 indexes ever. I know dollar cost averaging is supposed to insolate you from the ups and downs, but the markets seems to turning the other way now, and part of me is sweating a little because our funds are turnin...
- Sun Apr 21, 2024 4:01 am
- Forum: Taxes
- Topic: Children's Accounts - Deposits and Gift Tax
- Replies: 54
- Views: 1283
Re: Children's Accounts - Deposits and Gift Tax
It’s an interesting topic… Starkimpossibility’s initial comment on that Reddit thread started out with: “…Regularly gifting money/assets to your child, to take advantage of the 1.1 million yen annual tax-free gift threshold, is a common and legitimate strategy.” But then all these other buts come up...
- Sat Apr 20, 2024 8:52 am
- Forum: Taxes
- Topic: Children's Accounts - Deposits and Gift Tax
- Replies: 54
- Views: 1283
Re: Children's Accounts - Deposits and Gift Tax
Chat-GPT is a very dangerous resource to use for tax questions, especially bilingual ones. Remember, it's often using data from forums like this one (and Reddit) as an uncited source. Yes. I asked it the question first in Japanese, before telling it to translate it to English. So I hope that the an...
- Fri Apr 19, 2024 2:16 pm
- Forum: Taxes
- Topic: Children's Accounts - Deposits and Gift Tax
- Replies: 54
- Views: 1283
Re: Children's Accounts - Deposits and Gift Tax
For what it’s worth I asked a question to ChatGPT and then had it give me the answer in English: “If you gave money to your child to invest in J-NISA and the gift exceeds the annual gift tax exemption limit (usually 1.1 million yen), then the excess amount may be subject to gift tax. Additionally, i...
- Fri Apr 19, 2024 1:41 pm
- Forum: Taxes
- Topic: Children's Accounts - Deposits and Gift Tax
- Replies: 54
- Views: 1283
Re: Children's Accounts - Deposits and Gift Tax
Who is the gifter, is one factor, per my understanding from an inheritance tax book I borrowed from my library. If a grandparent gives a minor grandchild money, my understanding is it’s all clear (assuming the parent generation in the middle is still alive) so long as the recipient is under the annu...
- Sun Apr 14, 2024 3:02 am
- Forum: New NISA (2024~)
- Topic: Any thoughts on eMAXIS Slim Balance (8 Asset Equalization Type)
- Replies: 7
- Views: 353
Re: Any thoughts on eMAXIS Slim Balance (8 Asset Equalization Type)
It’s better than nothing for people who really can’t be bothered, but why not choose your own allocation, if you are so inclined, I say.
- Wed Apr 10, 2024 12:39 am
- Forum: RetireJapan for Dummies
- Topic: Taxable investment withdrawals: FIFO?
- Replies: 13
- Views: 740
Re: Taxable investment withdrawals: FIFO?
If you had two taxable accounts, you could segregate your short and long term positions by those accounts (buying the exact same fund / security).
- Tue Apr 09, 2024 2:54 pm
- Forum: Stock market investing
- Topic: Bond Allocation
- Replies: 20
- Views: 1020
Re: Bond Allocation
I live in Japan like most readers, but I don’t think about my investments from a yen based perspective so much. I personally see the yen as the currency risk - just me. I was watching the “futures edge” podcast the other day and their guest had this thing called the “awesome portfolio”. Nice name. W...
- Fri Apr 05, 2024 1:29 pm
- Forum: General
- Topic: Why is there so much confusion around pensions?
- Replies: 25
- Views: 1144
Re: Why is there so much confusion around pensions?
My DC is not like that - my old place had a DB plan and I never thought about it because indeed the money was locked up in some low yielding nonsense, but my current DC plan allows me to invest in any approved mutual fund, so I’m in developed, developing market stocks, plus a gold fund. Your DC migh...
- Thu Apr 04, 2024 1:57 pm
- Forum: New NISA (2024~)
- Topic: Credit card tsumitate increase
- Replies: 35
- Views: 2183
Re: Credit card tsumitate increase
I suspect the card too.
The securities account should really have your name correct; the card, i don’t have that confidence in.
The securities account should really have your name correct; the card, i don’t have that confidence in.