NISA General Questions | SBI

[styxomaniac]

Hello,

I am just wondering about how to widraw a portion of my investment from NISA. I do not plan on doing it right now, but I wanted to have an idea of how to do it if and when the need arises.

When I click the widrawal button it says that I have 0 Yen which makes sense since my money is still invested.

Regard,

[Tkydon]

Select which units from which NISA year you want to sell, and sell them.
They will deposit the funds in 3 working days, and you can then withdraw the funds.

[styxomaniac]

Thank you for your reply.
Is this the right page? I just have to press the button encircled in red and input the amount I want to sell?

[styxomaniac]

I also would like to know what is the difference between these 2 custody category

[goodandbadjapan]

I also would like to know what is the difference between these 2 custody category

The first one is for your investments in your taxable account and the second one is your NISA holdings. If you have investments in both you can choose which part to sell. Also when you buy, you can choose to hold in taxable account or NISA account.

[styxomaniac]

I see... If I pick the 2nd option for NISA and invest, how will I choose which quota it will be associated with? My understanding is there are 2 types of NISA for 2024, the Tsumitate NISA and Growth NISA.

[RetireJapan]

I see... If I pick the 2nd option for NISA and invest, how will I choose which quota it will be associated with? My understanding is there are 2 types of NISA for 2024, the Tsumitate NISA and Growth NISA.

The tsumitate portion only allows regular payments. This looks like a spot payment, so no choice (it goes in growth).

For regular payments it will ask you which section you want to assign it to.

[styxomaniac]

Thank you to everyone for helping me out. This is my second year participating in NISA (T.NISA in 2023), and the changes make me excited but overwhelmed since I cannot read Japanese and only rely on Google Translate. I'm sure I'll have more questions in the future.

[styxomaniac]

Hello,

I've been reading wikis and this forum using the search function about VOO and US ETFs because that is what I initially plan on buying, but the more I read, the more confused I become. I understand that most of you do not recommend buying US ETFs due to fees/taxes, which is fine with me. Can anyone please give me some advice on what funds I should invest in?

I'm already satisfied with my T.NISA portion, investing in both:
- eMAXIS Slim US stocks (S&P500) 60%
- eMAXIS Slim (All Country) 40%

However, my Growth NISA still needs some work. I mistakenly invested ¥60,000 in eMAXIS Slim US stocks (S&P500) last week because I didn't know that you cannot make a spot purchase for T.NISA, so that deposit went to my Growth NISA. Should I just copy what I have in T.NISA to my Growth NISA? Any advice on how to proceed? I'm in my mid-30s and thinking of a long-term investment. Thank you!

[RetireJapan]

Can anyone please give me some advice on what funds I should invest in?

I only buy two mutual funds in my taxable and tax exempt accounts: a world stock fund and a developed country bond fund. There is no need to buy more funds in order to diversify, as it is the assets within the funds that determine how diversified your holdings are.

Keeping things simple is valuable too, in terms of reducing the number of decisions you need to make.

Anyone else?