Simple Q&A - Stock market investing

[TokyoWart]

In a tokutei account the taxes are subtracted from your account at the time of dividend receipt or stock sales so there’s no reason to plan for future taxes in Japan. If you are just looking at the posted value of unsold positions then of course taxes have not yet been applied (but also you’re potentially counting your chickens before they hatch).

[adamu]

Definitely not a simple question

Yeah, post nomikai this is too much to take in

It's technically possible that you're at a paper loss in USD, but comparing the aggregate yen value at purchase times to the current yen value results in a profit, due to the dollar being worth more. Although your stocks are worth less, the dollar value still gets you more yen than before (but just holding dollars not stocks would have been better).

As for the account balance, the available amount often takes into account transactions that have not cleared yet, so if you made a recent sale, it usually takes a few days (until the 受渡日) in until you can actually use that money. Likewise a purchase order may lower your buying power even though the funds have not yet been debited.

[TBS]

In a tokutei account the taxes are subtracted from your account at the time of dividend receipt or stock sales so there’s no reason to plan for future taxes in Japan. If you are just looking at the posted value of unsold positions then of course taxes have not yet been applied (but also you’re potentially counting your chickens before they hatch).

Just to note, there are both tax withholding (源泉徴収あり) and non-withholding (源泉徴収なし) versions of tokutei kouza. The former is as you describe. The latter does not withhold the taxes, you have to pay them yourself at kakutei shinkoku time.

Here is one article about the differences and merits/demerits of each version.

[TokyoWart]

Just to note, there are both tax withholding (源泉徴収あり) and non-withholding (源泉徴収なし) versions of tokutei kouza. The former is as you describe. The latter does not withhold the taxes, you have to pay them yourself at kakutei shinkoku time.

Here is one article about the differences and merits/demerits of each version.

Thanks, that's an important point. Actually in my accounts the brokerage (Nomura and Nikko/SMBC) actually withholds taxes even for my 一般 positions but I do deliberately choose tax withholding (源泉徴収あり) for new accounts to simplify tax filing.

[TBS]

Thanks, that's an important point. Actually in my accounts the brokerage (Nomura and Nikko/SMBC) actually withholds taxes even for my 一般 positions but I do deliberately choose tax withholding (源泉徴収あり) for new accounts to simplify tax filing.

More useful info, thanks.

[JimNasium]

Verrrry simple question:

Can stocks (specifically index funds) be bought on the weekend here?

[adamu]

Verrrry simple question:

Can stocks (specifically index funds) be bought on the weekend here?

You can put in an order in the weekend, and it gets processed the next business day.

[JimNasium]

You can put in an order in the weekend, and it gets processed the next business day.

Got it! Thank you.

[Viralriver]

If I own 2 shares in a company which I bought at $100 and $150 and then sell 1 of these at $200, is there any way I can tell (or choose) which of these shares was sold? Using Rakuten if that makes a difference.

[captainspoke]

If I own 2 shares in a company which I bought at $100 and $150 and then sell 1 of these at $200, is there any way I can tell (or choose) which of these shares was sold? Using Rakuten if that makes a difference.

You can sell specified lots in the US--I'm interested in the answer to this.