What are your thoughts on the eMAXIS Domestic Inflation-Indexed JGB Index fund for the growth part of NISA?
It has a 0.44% ER which is highish by index fund standards but since NISA will keep the inflation linked dividends tax free, I'm thinking it might be worth having as a safety net in case Japan experiences hyper inflation in the future. I'm thinking it might work as something like an emergency bank deposit, rather than an investment aiming at wealth accumulation.
Any thoughts on eMAXIS Domestic Inflation-Indexed JGB Index fund?
- ChapInTokyo
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Re: Any thoughts on eMAXIS Domestic Inflation-Indexed JGB Index fund?
I don't think we need to worry about hyper-inflation.
If you are worried about hyper-inflation, then something not denominated in yen would be preferable.
If you are worried about hyper-inflation, then something not denominated in yen would be preferable.
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Re: Any thoughts on eMAXIS Domestic Inflation-Indexed JGB Index fund?
A fine place for "cash" savings {Separate from the standard 3-6 months living expenses in the bank etc}. I think it is worth it for those who are mostly equity investors with larger cash holdings.
- ChapInTokyo
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Re: Any thoughts on eMAXIS Domestic Inflation-Indexed JGB Index fund?
Yes yes. Thinking of reducing the cash sitting doing nothing in my current account and putting it in to a JGBi fund. Just for my peace of mind…Tsumitate Wrestler wrote: ↑Mon Apr 15, 2024 12:44 am A fine place for "cash" savings {Separate from the standard 3-6 months living expenses in the bank etc}. I think it is worth it for those who are mostly equity investors with larger cash holdings.