RetireJapan

With less than two months in the year, 1,000,000 yen worth of “tax free” beginners day-trading sounds risky to me. I’d put what money I want to invest long term into my overall portfolio allocations, and be sure you do get a tax benefit in the long term for at least that much. Trying to use the 1,00...

I am no expert, but I based my approach on a book about passive, broad-based index investing that I read a few years back. I’ll tell you if it worked 20 years from now! The first step it had was recommending the allocations per asset class, depending on the risk one wishes to take. The second was se...

I started the switch process to Monex last week. Basically it’s the same as signing up to Monex from scratch on the Monex website, but there is a question that asks whether you are a new iDeCo account customer, or if you are switching provider. I entered that i am switching. The next step in the web...

Yeah these reduce the amount of assessable income considered for taxes, not from final taxes due. I have some life insurance policies for in case my spouse or I die, some extra health insurance with cancer coverage, and unfortunately a dopey Gakushi Hoken product. Even though my spouse pays one of t...

There's a danger of throwing the baby out with the bathwater if you ignore active funds out of principle. I think it’s potentially useful to think about for example, selling everything when a financial crisis hits and going to cash. There’s a chance that you can buy it all back cheaper and do sligh...

I think passive investing in broad indexes is good if you are in for the long term and plan to make consistent contributions. As a result you aren’t putting all your money into the market at a single time, but dividing it up into hundreds of small investments distributed over many years. This way yo...

I was reading about this recently in some Nikkei mooks and I have the recollection that the max initial investment is 800,000 x 5 years = 4mm, but that if those investments aren’t sold they can be rolled over to the next nisa period, until they are disposed of. Transferring positions to a taxable ac...

It’s the emerging markets stocks fund that is most significantly cheaper, under 0.37% they have it, versus almost doesn’t bake that I pay now. I haven’t calculated how much this would save me for the next 20+ years but indeed it likely won’t be all that much though for just iDeCo. Over time no doubt...

Monex started iDeCo service in September. They were late to the show, which was disappointing for me as I have my NISA with them, so opened iDeCo with Rakuten. Now that Monex has rolled out their iDeCO service I see that they have three eMAXIS Slim funds. I have been buying eMAXIS (plain) funds for ...