RetireJapan

An article on crypto by Andrew Hallam https://www.linkedin.com/posts/andrew-hallam-44b81627_financial-freedom-tip-warren-buffett-says-activity-7264912083341742081-C5pD?utm_source=share&utm_medium=member_ios I read the article, but when the major institutions get in fully, he might do so too. Du...

Do you earn a salary? https://retirewiki.jp/wiki/Employment_Income_Deduction Self-employed, so kinda. At a company you own? Or sole proprietor? Sole proprietors don't get the employment income deduction, to my understanding. You need "employment income" as an executive or employee of a co...

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. Thanx RJ. Will probably look to do that first for sure.

adamu wrote: ↑Sat Nov 16, 2024 5:43 am Do you earn a salary?

https://retirewiki.jp/wiki/Employment_Income_Deduction

Self-employed, so kinda.

You might want to think about the 100,000 yen health allowance, some things that are not covered by the national health insurance but are deductable. For example I paid for a three year braces' plan for my son's teeth up front and got it all as a deductable for one year. Teeth implants and eye lase...

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 doin...

It's easier to ignore in Japan, due to the extremely unfavorable tax policy. The FOMO can be hard, just as with NVDA, or even gold recently. It helps that my wife is complete dismissive of crypto, and I don't want to be "that guy" when it comes to having that discussion. Yeah, the rate is...

adamu wrote: ↑Fri Nov 15, 2024 4:03 pm

adamu wrote: ↑Thu Dec 07, 2017 1:09 am We need to be into the tens of millions (of yen) to beat the tulips.

I was laughing in 2017. Now it's ¥13.7M

That'd be a bummer. But that amount is still nothing to sneeze at.

Then a congrats to you for getting some I assume.

It's been more than three years since cryptocurrency was last discussed on here. And I made the last comment! Well, the so-called "Crypto Winter" is disappearing or was it the Trump election victory, that has the market looking up again. Have people left crypto, DCAing, sitting on their ha...