Yep. Just a simple S&P500 fund. I have an automatic pay in, but I had to change to the spot pay in as I used up the annual NISA allowance pretty early.TokyoBoglehead wrote: ↑Sat Oct 15, 2022 5:44 amAre you buying a low-cost broad market index fund? Then the answer is simple. Stop watching.Bubblegun wrote: ↑Sat Oct 15, 2022 3:08 am Not a question but a thought and maybe some can share their thoughts.
Its quite hard at the moment to be dropping in 10万yen into the NISA every month knowing that the s&p is sinking and may sink further into the red.(western color) (green Japanese color) having to wait patiently for any returns, but not seeing how much that will return. I know they say everything is on sale right now, just like the winter, Xmas sales, but at least at those times I can see how much I’ve saved and at the same time use what I bought. I suppose that the instant gratification part and the NISA might be the delayed gratification part. Before when I dropped money into my previous savings I never wanted to see it, and never followed it, I just dropped in the money and forgot about it. But now, in the days of the open internet, everything is there in front of our eyes and a simple click away. Pretty difficult just to wait, watch, and not have a known outcome.
I even tried to find a calculator to see if I had DCA in 2008, and waited 2 years, to see what the returns were.
Pretty hard to just watch.
Thanks.
Setup your account to auto invest monthly. Turn off the broker alert. Delete the stock ticker app.
Update you books semi-annually and spend your energy on something that benefits you or your loved ones.
I don’t use the apps and I don’t use alerts . It’s just the darn will power not to look. And of course the news pumps it out, and the news feeds too. Maybe I’m harking back for the good ole days if just reading a news paper.
Definitely good advice on doing something with the family.