Search found 6 matches

by Fred589
Tue Jul 16, 2019 9:25 am
Forum: Legacy NISA (~2023)
Topic: Junior Nisa - investment amount
Replies: 27
Views: 11385

Re: Junior Nisa - investment amount

Also keep in mind that the gift tax limit in Japan is 1.1 million yen/year so you would not want to add more than that to their account in any one year without being able to show that the money did not all come from you. Thank you for your reply. One note about gift tax. I found that it is 1.1 tota...
by Fred589
Sun Jul 14, 2019 3:42 am
Forum: Legacy NISA (~2023)
Topic: Junior Nisa - investment amount
Replies: 27
Views: 11385

Re: Junior Nisa - investment amount

Resurrecting this thread. I want to invest more than the 80Man per-year allowed by the Junior NISA into toshi shintaku. From the above replies, am I understanding correctly that I can open a regular investment account (taxable) in my child's name and invest there? Plan being, 1) invest max 80man int...
by Fred589
Mon Jan 21, 2019 3:47 am
Forum: RetireJapan for Dummies
Topic: Work Restrictions & Passive Investing
Replies: 9
Views: 1723

Re: Work Restrictions & Passive Investing

Our standard advice is just to buy the world (via world equity/world bond index funds) and rebalance occasionally. Most active investors underperform the index, especially after paying fees. Certainly not going for an active strategy (a random walk down Wall Street and all that Jazz), but making th...
by Fred589
Mon Jan 21, 2019 3:30 am
Forum: RetireJapan for Dummies
Topic: Work Restrictions & Passive Investing
Replies: 9
Views: 1723

Re: Work Restrictions & Passive Investing

If you are investing for the long-term, buying index funds in a broker account is fairly easy. Ok, I was just worried about things like low activity fees (works out to about $10 per-month). For specifics of what ETF and Mutual funds I should be considering for investment, I suppose that is up to me...
by Fred589
Mon Jan 21, 2019 2:28 am
Forum: RetireJapan for Dummies
Topic: Work Restrictions & Passive Investing
Replies: 9
Views: 1723

Re: Work Restrictions & Passive Investing

Mitsubishi UFJ Morgan Stanley PB Securities. When I contacted them, they only offer a brokerage account service. To gain access to their wealth management services, they wanted 400-500k (sorry, forget which) USD equivalent as a starting point.
by Fred589
Mon Jan 21, 2019 2:10 am
Forum: RetireJapan for Dummies
Topic: Work Restrictions & Passive Investing
Replies: 9
Views: 1723

Work Restrictions & Passive Investing

Stuck My workplace has a strict policy for investing given my industry and I need advice. My goal is to set-up passive retirement investments for me and my spouse as well as an education account for my child. My work only allows me to use Interactive Brokers or another similar Japanese brokerage. If...