mighty58, adamu
Thanks for the measured replies. Yes, I’m now seeing the risk and potential downsides of trying to time this sort of thing more clearly. After my original post yesterday I did a simulation on a spreadsheet which calculated potential profits/losses of waiting out a re-strengthening of the yen while imagining the S&P also strengthening to different degrees in the meantime. Long story short, even a best case scenario wouldn’t be that profitable. Especially when you consider the capital gains tax hit you take upon selling.
E-maxis slim - Cash out for a bit?
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Re: E-maxis slim - Cash out for a bit?
If it's your money that's being invested in her name, another thing to consider is that anything over 1.1M yen is subject to gift tax.Occidental wrote: ↑Thu Apr 21, 2022 5:26 am https://www.google.com/search?q=america ... e&ie=UTF-8
The e-maxis S&P investments are done through my partner’s accounts. She is not American so fortunately no tax consequences such as those you mentioned.
https://duckduckgo.com/?q=HTH+meaning
Re: E-maxis slim - Cash out for a bit?
Reimbursements to a spouse for household expenses are not covered under gift tax, so it can be over 1.1 man depending on how you budget in your household.adamu wrote: ↑Thu Apr 21, 2022 9:21 amIf it's your money that's being invested in her name, another thing to consider is that anything over 1.1M yen is subject to gift tax.Occidental wrote: ↑Thu Apr 21, 2022 5:26 am https://www.google.com/search?q=america ... e&ie=UTF-8
The e-maxis S&P investments are done through my partner’s accounts. She is not American so fortunately no tax consequences such as those you mentioned.
https://duckduckgo.com/?q=HTH+meaning
But your point is definitely important!