Search found 259 matches

by Gulliver
Thu Mar 07, 2024 6:03 am
Forum: Stock market investing
Topic: Bitcoin: So at the end of the day, is it worth it?
Replies: 65
Views: 11239

Re: Bitcoin: So at the end of the day, is it worth it?

Yatsushiro2 wrote: Thu Mar 07, 2024 1:30 am …and bought a hot tub…
The 1980s called. They want their hilarious accoutrement back. :lol:
by Gulliver
Fri Mar 01, 2024 1:51 pm
Forum: General
Topic: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes
Replies: 43
Views: 8800

Re: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes

What I love in Japan is....Japan! When I see how my country is now compared to when I grew up, I am sad: it not the same country anymore and not for the best. So if this kind of law can help to keep the country as it is, why not! As a foreigner, I am doing my best to act like the best of the Japane...
by Gulliver
Tue Feb 27, 2024 12:08 pm
Forum: Stock market investing
Topic: Bitcoin: So at the end of the day, is it worth it?
Replies: 65
Views: 11239

Re: Bitcoin: So at the end of the day, is it worth it?

The irrational exuberance manifested whenever this topic comes up is enough to keep me away. We see it over and over with other Ponzi schemes and the cult-like rationalizations postulated by their victims- right before their lives are destroyed.
by Gulliver
Tue Feb 27, 2024 9:35 am
Forum: Stock market investing
Topic: The Strange Case of Bunji Button
Replies: 8
Views: 1265

Re: The Strange Case of Bunji Button

RetireJapan wrote: Tue Feb 27, 2024 9:15 am The stock market is not the economy.

Thank you for coming to my TED talk.
I’m fairly certain we’re all aware that stock markets can increase in value during a recession. ;) Anything more insightful?
by Gulliver
Tue Feb 27, 2024 8:49 am
Forum: Stock market investing
Topic: The Strange Case of Bunji Button
Replies: 8
Views: 1265

The Strange Case of Bunji Button

Discussion point:
Japan has fallen into recession and yet the stock market has achieved record highs. How do you reconcile this discrepancy?
by Gulliver
Mon Feb 26, 2024 9:32 am
Forum: General
Topic: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes
Replies: 43
Views: 8800

Re: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes

It seems like a solution to a nonexistent problem. There are already laws that deal with people who don't pay tax. Not paying health insurance or nenkin are not crimes in Japan. I believe everyone should pay them, but if it is enough of an issue why not make policies to encourage everyone to pay? A...
by Gulliver
Sun Feb 25, 2024 7:38 am
Forum: General
Topic: New Human Rights Abuse Help
Replies: 0
Views: 814

New Human Rights Abuse Help

The Japan Ministry of Justice Legal Affairs Bureau has set up a new human rights counseling service in several different languages. You have the option of email, telephone or face-to-face assistance. They claim to assist with issues such as refusal of service, bullying and housing discrimination. (T...
by Gulliver
Thu Feb 22, 2024 7:23 am
Forum: Inheritance/Estates
Topic: Where to Park USD
Replies: 11
Views: 2644

Re: Where to Park USD

Am I over estimating the significance of the exchange rate? For example: $300,000= approx. ¥45,033,600. That’s a 50% profit, if I am calculating that correctly? Today it is worth that. That is actually about a 30% profit over what it would have been worth Pre-COVID... Who knows in the future? Witho...
by Gulliver
Thu Feb 22, 2024 5:44 am
Forum: Inheritance/Estates
Topic: Where to Park USD
Replies: 11
Views: 2644

Re: Where to Park USD

Where would be the most lucrative/tax advantaged place to park a few hundred thousand USD inheritance? I am a permanent Japanese tax resident. Living permanently in Japan. ... Have you properly declared the inheritance here--paid any tax due on it? Is there a significant appreciation in the inherit...
by Gulliver
Thu Feb 22, 2024 5:29 am
Forum: Inheritance/Estates
Topic: Where to Park USD
Replies: 11
Views: 2644

Re: Where to Park USD

Am I over estimating the significance of the exchange rate? For example: $300,000= approx. ¥45,033,600. That’s a 50% profit, if I am calculating that correctly? There is no "profit" on a one-way foreign exchange transaction. When you say there’s no profit, do you mean no taxable profit? I...