Rain, rain, go away.
Seems there is another typhoon on the way (Typhoon #16). Hopefully it will fizzle out and be less destructive than the last one.
As we head towards the final quarter of 2019, I find it useful to sit down with my wife and take stock: how are we doing with our financial goals? Do we need to make any changes? What might happen over the next few years? Where do we want to end up.
I find our answers have changed quite a bit over the last decade or so, but it is still very useful to have the conversation. How about you? Are you on track?
Here are this week’s links
- Interesting video about conditions in Japan: Will A Japanese Banking Crisis Lead to Global Recession?
- Blast from the past: the RetireJapan Personal Finance for Beginners Series
- Fortunately this has never really bothered me: My biggest FI demon – status anxiety
- Japan has a very generous parental leave system. On paper. Two Men in Japan Dared to Take Paternity Leave. It Cost Them Dearly, They Say.
- Naval’s how to get rich without getting lucky Twitter thread.
- Really interesting read: What Statistics Can and Can’t Tell Us About Ourselves
- Incredible numbers: Ahead of Respect for the Aged Day, number of centenarians in Japan tops 70,000
- This makes sense to me: Debunking the Silly “Passive is a Bubble” Myth
- This site is a good way to look at how different portfolio allocations work: myINDEX. Also has a good email newsletter.
- This post rings quite true in my opinion: What I’ve Learned About Japanese Customs
- Pretty brutal. I think I would need at least 2-3 million yen a year, assuming a paid-off dwelling: People living on ¥1 mil a year: How do they manage?
- I really enjoy the rants on NoMercy/NoMalice: Search Your Feelings
- My flywheel is not turning very quickly yet: The flywheel of wealth (and the importance of patience)
- Interesting. I have half a dozen dormant accounts, so would have to close them if this happens: Free bank accounts may become a thing of the past in Japan
This week’s forum threads
- Saving and Investing Plan Confusion – How Much is Enough?
- Ray Dalio’s All Weather Portfolio (vs. slowly investing a chunk of money)
- My experience switching iDeco plans
- UK buy to let mortgages
- First results are in for our solar panels!
- Is fire insurance premium tax deductible?
- Karakikan for a permanent resident
- Staying in Japan for the rest of your life
- Home Loan on Spouse Visa
- Banks that allow alias
- Applying for a credit card
- Home buying, should I buy now?
- How much will it cost to rewire a house?
- Opinions on my investment portfolio
- What is the best local app/site for property home and searching
This week’s books
No new books this week. Need to finish reading the current ones!