Set up a few things last weekend and after double checking in this forum I'm starting to doubt if I did the right thing.
Set up was 35% Japanese funds. tsumitate nisa (Emaxis slim), Emaxis slim (taxable account)
and 65% in VOO.
What are the actual benefits to investing in overseas accounts rather than the Emaxis slim all country?
I understand theres taxes and that so Im thinking I should cancel the VOO fund and invest in the Emaxis all country.
Is there a limit to the All country. On rakuten it says /50,000 but I am currently over the 50,000 as the Tsumitate starts in March but if there is a limit of 50,000 I would like to invest more thats why I chose VOO.
All opinions and help is appreciated
Thanks
Overseas ETF or Emaxis slim.
Re: Overseas ETF or Emaxis slim.
This limit is just for the mount you can purchase using the Rakuten card.ds2691 wrote: ↑Thu Jan 20, 2022 4:52 am
I understand theres taxes and that so Im thinking I should cancel the VOO fund and invest in the Emaxis all country.
Is there a limit to the All country. On rakuten it says /50,000 but I am currently over the 50,000 as the Tsumitate starts in March but if there is a limit of 50,000 I would like to invest more thats why I chose VOO.
Thanks
You can buy as much eMaxis Slim All Country as you like.
Assuming you are not from the US, yes the eMaxis Slim is better than VOO.
Unless you plan to try and buy and sell 'real-time'...With eMaxis Slim you cannot do this, with the ETFs you can.
Aiming to retire at 60 and live for a while longer. 95% index funds (eMaxis Slim etc), 5% Japanese dividend stocks.
Re: Overseas ETF or Emaxis slim.
Thanks for the info my friend. Due to being from the UK, Ill cancel the VOO and lump on emaxis slim. Just wondering why is there a limit on purchases by rakuten card?beanhead wrote: ↑Thu Jan 20, 2022 9:03 amThis limit is just for the mount you can purchase using the Rakuten card.ds2691 wrote: ↑Thu Jan 20, 2022 4:52 am
I understand theres taxes and that so Im thinking I should cancel the VOO fund and invest in the Emaxis all country.
Is there a limit to the All country. On rakuten it says /50,000 but I am currently over the 50,000 as the Tsumitate starts in March but if there is a limit of 50,000 I would like to invest more thats why I chose VOO.
Thanks
You can buy as much eMaxis Slim All Country as you like.
Assuming you are not from the US, yes the eMaxis Slim is better than VOO.
Unless you plan to try and buy and sell 'real-time'...With eMaxis Slim you cannot do this, with the ETFs you can.
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Re: Overseas ETF or Emaxis slim.
My blog post next week will be somewhat relevant to this
The reason there is a limit on the card is that you can get points for buying mutual funds (free money basically) and Rakuten limits that to 500 yen a month. If it were unlimited people might take advantage
English teacher and writer. RetireJapan founder. Avid reader.
eMaxis Slim Shady
eMaxis Slim Shady
Re: Overseas ETF or Emaxis slim.
Hey Ben, where is it possible to read your blog posts? just wondering has your blog post been released?RetireJapan wrote: ↑Thu Jan 20, 2022 10:24 amMy blog post next week will be somewhat relevant to this
The reason there is a limit on the card is that you can get points for buying mutual funds (free money basically) and Rakuten limits that to 500 yen a month. If it were unlimited people might take advantage
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Re: Overseas ETF or Emaxis slim.
English teacher and writer. RetireJapan founder. Avid reader.
eMaxis Slim Shady
eMaxis Slim Shady