The Monday Read

Busy Busy Busy edition

This is a very short Monday Read -apologies! Things are a tad busy at the moment, but in a good way.

The forum was lively this week:

We’ve been doing a lot of coaching recently. We’re currently booked up through February, and I’ll be going into hospital for a minor operation in the second half of March, but if you’d like to book a session before then do get in touch.

This week’s links

  1. Business in the time of coronavirus: 1000 Japanese companies go bust.
  2. It’s getting harder to evade taxes. Good. Japan gets details on 2m offshore accounts.
  3. Good reading on investing. I avoid most mistakes by never selling anything 😃 https://www.collaborativefund.com/blog/traits/
  4. Sean’s blog good as ever, and his new newsletter is great too 🙂https://seanbreslin.net/…/tokaido-walking-arimatsu-to…/
  5. Interesting blog about value investing in Japan: https://undervaluedjapan.blogspot.com/
  6. This is a big concern heading into retirement: https://awealthofcommonsense.com/…/the-best-way-to…/
  7. It’s not just RetireJapan that likes eMaxis Slim all-country 😃http://fundoftheyear.jp/2020/

What do you think? Anything good in there? For me, #5 was the best discovery this week. A lot to think about!

3 Responses

    1. Or diversify in other ways. But bonds aren’t that bad :-).

      I liked the article and it promotes engagement with your portfolio. Probably not a problem for this community but the examples he sites show that you can’t just set some rules up rest easy. I know a few folks that setup auto contributions to ETFs and then go on their way without checking in.

  2. #2 Someone from EY is quoted as saying the Japanese tax authorities had no idea about the 2 million accounts but that is almost certainly incorrect. The Common Report Standard facilitates a data dump of all accounts owned by people and corporations in a country, there isn’t any way it only reports accounts which had not already been reported to authorities. Like everything else there will be some under-reporting revealed but it would surprize me if the bulk of total account value reported isn’t just accounts from Japanese companies who need to have overseas accounts as a matter of business. Always amazing to me how the US somehow seems to push the implementation of things like the Common Report Standard but then somehow exempts itself from compliance.