RetireJapan

As of end of April, all country is already 3.5% Nvidia 0.9% Tesla (Microsoft and Apple were the highest at 4.6% and 4.1% but I'm guessing it's Nvidia now). Nvidia already worth more than the whole UK in that fund 🥲 (It's the AI bubble though, it won't last). Damn, is it that much?. I guess I am goi...

ｅＭＡＸＩＳ Ｓｌｉｍ 米国株式（Ｓ＆Ｐ５００） ｅＭＡＸＩＳ Ｓｌｉｍ 先進国株式インデックス ｅＭＡＸＩＳ Ｓｌｉｍ 全世界株式（オール・カントリー Because nobody's said it yet, this is: America America, 21 other developed countries but not Japan. America, 21 other developed countries but not Japan , all other countries. You've got America 3 times, developed countries...

Moomoo's ownership is Chinese.
Sorry, not for me.

saslearner wrote: ↑Wed Nov 13, 2024 9:27 am I already invest in all country funds and was trying to get more specific exposure to European stocks.

Don't think this is possible. Not so popular in Japan.

I think What RetireJapan is referring to is the total contribution period which is used to calculate your tax free retirement income tax allowance. The more years you contribute, the higher that retirement income tax free allowance becomes, as it’s calculated based on amount of years enrolled and c...

Another option is to simplify your life by using an All-Country fund. There are a few available.

All-Country
All-Country excluding Japan
Developed Markets - for those not interested in emerging markets (EM), which has a large China bias.

Hmmm. Neither is a bad choice.

If we agree that self-employed = slightly higher risk than a full-time company employee, I would go for maximizing NISA. Of course keep contributing to iDeCo as well, but at a lower rate than your current 67,000/68,000yen per month.

TokyoWart wrote: ↑Tue Nov 12, 2024 3:46 am
Isn't this capped? When I look at my 厚生年金保険 deduction it is 59,475 yen, hasn't changed with my salary and comes out quite a bit below 9.15%.

Yes. Correct. Someone on a 100M salary would also pay that 59,475 per month.

Eh? Every employer I have had in Japan has deducted my pension contributions directly from my pay packet.... A lot of English language schools didn't use to. They classified all native teachers as part-time workers. At that time, someone paying in 24 years into nenkin would get nothing in return. S...

I had an interesting chat with a banker last night, from a European bank which offers investment products. I asked him if they just deal with high net worth individuals, since they don't have NISA etc so aren't really competing against the low-fee brokers. He explained that no, they target regular i...