Absolutely insane. Most of that is from the exchange rate.
103 JPY on 30 Dec 2020
139 JPY on 28 Jul 2023
I have no idea what to do here, so I will do nothing and just carry on with the plan
There's nothing really to be done unless you want to speculate on Japanese assets specifically. Stocks, real estate, etc. (I wouldn't).RetireJapan wrote: ↑Mon Jul 31, 2023 6:03 am Just updating my monthly spreadsheet and it seems like our net worth is up 60%+ in yen terms since December 2020.
Absolutely insane. Most of that is from the exchange rate.
103 JPY on 30 Dec 2020
139 JPY on 28 Jul 2023
I have no idea what to do here, so I will do nothing and just carry on with the plan![]()
Yes, there may not be much you can do to hedge the Forex Risk going forward.TokyoBoglehead wrote: ↑Mon Jul 31, 2023 6:34 amThere's nothing really to be done unless you want to speculate on Japanese assets specifically. Stocks, real estate, etc. (I wouldn't).RetireJapan wrote: ↑Mon Jul 31, 2023 6:03 am Just updating my monthly spreadsheet and it seems like our net worth is up 60%+ in yen terms since December 2020.
Absolutely insane. Most of that is from the exchange rate.
103 JPY on 30 Dec 2020
139 JPY on 28 Jul 2023
I have no idea what to do here, so I will do nothing and just carry on with the plan![]()
I think we're best to ignore it. I believe things will even out more as the US starts to ease rates in the months/year to come.
I fear for some piling into the Nikkei/Topix that easing US rates will pop a bit of a bubble. They may be picking up nickles in front of a steamroller, as some have phrased it.
Maybe for fun, also convert your value into USD, Gold, Bitcoin? JPY might be the most relevant, but if it’s an unstable measure then it does make one think.RetireJapan wrote: ↑Mon Jul 31, 2023 6:03 am Just updating my monthly spreadsheet and it seems like our net worth is up 60%+ in yen terms since December 2020.
Absolutely insane. Most of that is from the exchange rate.
103 JPY on 30 Dec 2020
139 JPY on 28 Jul 2023
I have no idea what to do here, so I will do nothing and just carry on with the plan![]()
That is a really interesting idea. Have the total in JPY, USD, GBP, just to get a sense of perspective. I like it.sutebayashi wrote: ↑Mon Jul 31, 2023 11:54 amMaybe for fun, also convert your value into USD, Gold, Bitcoin? JPY might be the most relevant, but if it’s an unstable measure then it does make one think.RetireJapan wrote: ↑Mon Jul 31, 2023 6:03 am Just updating my monthly spreadsheet and it seems like our net worth is up 60%+ in yen terms since December 2020.
Absolutely insane. Most of that is from the exchange rate.
103 JPY on 30 Dec 2020
139 JPY on 28 Jul 2023
I have no idea what to do here, so I will do nothing and just carry on with the plan![]()
I usually check my NW in Yen / Sterling and USD and, yes, the yen value has skyrocketed, but the other have been increasing much more slowly! But right now yen is what matters to me so I am happy.RetireJapan wrote: ↑Tue Aug 01, 2023 2:22 amThat is a really interesting idea. Have the total in JPY, USD, GBP, just to get a sense of perspective. I like it.sutebayashi wrote: ↑Mon Jul 31, 2023 11:54 amMaybe for fun, also convert your value into USD, Gold, Bitcoin? JPY might be the most relevant, but if it’s an unstable measure then it does make one think.RetireJapan wrote: ↑Mon Jul 31, 2023 6:03 am Just updating my monthly spreadsheet and it seems like our net worth is up 60%+ in yen terms since December 2020.
Absolutely insane. Most of that is from the exchange rate.
103 JPY on 30 Dec 2020
139 JPY on 28 Jul 2023
I have no idea what to do here, so I will do nothing and just carry on with the plan![]()