Search found 13 matches

by Phillter
Tue Sep 15, 2020 5:57 am
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

2. Vanguard requires you to buy ETF shares in units no smaller than 1 share when you initiate the account while with mutual funds you can invest exact dollar amounts as long as you have the minimum (typically $3000) to start the mutual fund position. That is really good to know. So just to clarify,...
by Phillter
Mon Sep 14, 2020 8:35 am
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

So, my Vanguard account has been open for about a week and hasn't been closed or anything, therefore it looks like my US address was enough to get me an account! I'm a little anxious about pulling the trigger and actually funding the account and then buying some indexes and ETFs. I think I'll be goi...
by Phillter
Fri Sep 11, 2020 1:59 pm
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

My hesitations would be, (1) the rate is not coming from a japanese bank (tho the difference might be fractional, consistency might outweigh that it is not japanese), and (2) seeing code like that might put them off. Ah... That is a good point... As convenient as it might be, I guess it depends how...
by Phillter
Thu Sep 10, 2020 3:37 am
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

Regarding getting exchange rates for trade calculation and tracking sheets: In response to captainspoke's post about the following exchange rate site that he uses: A key point is that for anything that happens in US$, you have to convert that to yen on the date that it happened. For conversions I us...
by Phillter
Wed Sep 09, 2020 1:54 pm
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

It's part of your tax return. If you have a My Number Card, you can submit it online. Awesome, thanks adamu! I'm glad that the My Number card is so useful, it's really such a cool thing about living here. I joined a new company at the start of this year and haven't had a tax return mailed to me yet...
by Phillter
Wed Sep 09, 2020 1:07 pm
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

captainspoke, you are a gentleman and a scholar! You deserve a promotion to Admiral for the knowledge in this set of posts alone! This is incredible!! I'll be making one of these sheets for sure! I did have a question: you and others have said that we have to report this income abroad to the Japanes...
by Phillter
Wed Sep 09, 2020 12:32 am
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

Hi captainspoke! Thank so much for your reply. For tax reporting in japan, you'll need to get a couple spreadsheets going--I use one for trades (gains/losses) and a second to record and keep track of distributions (interest, dividends, quarterly distributions, etc). Ok cool, I can do that. Would you...
by Phillter
Tue Sep 08, 2020 1:40 pm
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

A quick update: I was able to open up a Vanguard account today using my US address (the one I am maintaining while living in Japan), with little issue. I tried giving Vanguard a call to ask them about opening an account, but was told that I could not be helped...so I just decided to go online and tr...
by Phillter
Sat Sep 05, 2020 4:06 pm
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

Welcome! Read this first: https://jlcollinsnh.com/stock-series/ RetireJapan, thank you so much for pointing me to that website. John's posts are eye opening and super easy to understand. My plans fell through this weekend so I plowed through all the parts of his stocks series as well as a few of hi...
by Phillter
Thu Sep 03, 2020 1:13 pm
Forum: RetireJapan for Dummies
Topic: Starting point for a US Citizen maintaining a US residence, living in Japan full time
Replies: 31
Views: 4851

Re: Starting point for a US Citizen maintaining a US residence, living in Japan full time

Awesome! Thank you so much for the advice TokyoWart; It really really helps me get oriented in this new world. I'll definitely looking into starting an account at one of the places you mentioned and see what I can do... I wonder if, because I still have a US bank account and stuff, if it will be eas...