RetireJapan

JimNasium wrote: ↑Wed Nov 20, 2024 1:28 am I’m going through the middle of a divorce

Really sorry to hear. Take care of yourself. I read this book recently and found it interesting and potentially helpful: https://amzn.to/40PTQbT

Although the unlucky punter who starts on the NISA journey mid-year will need to go through a right old rigmarole to use up their tsumitate quota (which is what I needed to do since I started at Monex this June!), I am guessing that in the fullness of time, it will be possible to use up the whole 1...

It's a great mistake to reject doing the minimum research about Bitcoin (just read a single book, "The Bitcoin Standard", and then when you get the basics,follow some relevant twitter/youtube accounts (if you understood the book, it will be easy to find that people. It is not an optional ...

It depends on the bank/broker, but for temporary overseas stays (for work etc.) they will usually freeze the account and let you use it again when you come back. Check with your bank/broker for their specific policies.

It kind of depends on when you will need the money, and what other assets (cash? real estate? your home? pensions?) you have. But 47 is not particularly old. I'm 47 :? Assuming you live a normal life, you might expect to be alive for another 3-4 decades. So you likely have enough time for your stock...

Well, nothing has any inherent value unless it is agreed by the people who use it - gold, fiat money, tulip bulbs, salt, stones with holes in or whatever. Bitcoin is no different in that respect. True, but anyone can create a new cryptocurrency (fork) any time by copying the code. Why should crypto...

Cracaphat wrote: ↑Sat Nov 16, 2024 6:30 am If someone asked me about explaining crypto, I'd refer them to Chat GPT or some other AI.

I think I have a reasonable understanding of crypto, I just don't see any reason for it to have inherent value

Cracaphat wrote: ↑Fri Nov 15, 2024 12:34 pm Thanks RJ and zeroshiki for your suggestions. That セフティ共済 was the first time to hear of. Been wondering from time about the Nozei too.

I would max out iDeCo and the small medium business scheme first before looking at the safety kyosai thing.

Still don't understand why a particular cryptocurrency should have value, but the amount of institutional buy in to Bitcoin and maybe Etherium makes me feel they are not going to go away anytime soon. The tax situation in Japan is pretty bad, but could be changed any time. My take is that I am doing...

Years ago we joined the Small Business Mutual Aid program (小規模企業共済) to reduce paying tax. But aside from the usual suspects of Ideco and Nisa, are there any other ways of reducing? Our accountant suggested paying more into SBMA. Thanx. There is also the セフティ共済 business insurance/emergency savings s...