Help me feel ok with the tanking NISA

[ChapInTokyo]

One thing I would consider is whether your job and salary is secure amidst the chaos that American is unleashing on the nations of the world.

Provided your income is secure, I can say from experience that long time horizon dollar cost averaged investing when the market is in correction can be profitable in the long run.

FYI I am recently retired and have lost quite a few millions of yen from my portfolio in the past month. One the other hand, my bonds and balanced funds with lots of private equity and cash equivalant allocation is rising in value so hopefully rebalancing while the market crashes and burns will put the portfolio in a relatively good position for the recovery, whenever that may be. As I have no income, the losses are regrettable. But as I have enough cash in my bank accounts for current needs as well as several million yen of dividends from my stocks and ETFs to take care of current needs, I am not too bothered by the 20%+ losses in some of my holdings.

[KCLenny]

You say you have a nine year time frame till
retirement so absolutely keep investing through this pullback.

I wish.
I’m 33. I’ll never see retirement.

But ok, thanks for helping calm my nerves.
Stay the course.

[Deep Blue]

Oh sorry, it was another poster with nine years to go. With three decades+ for you, invest with great confidence. Equities are getting cheaper, it’s a buyers market. They might drop a lot more in the short to medium term but that’s completely irrelevant even if it feels terrible.

Equities should be a ten year+ investment.

[beanhead]

I wish.
I’m 33. I’ll never see retirement.

But ok, thanks for helping calm my nerves.
Stay the course.

Of course you will. By the time you get there, the age will be 83. So just 50 years to go
Stick at it, keep plugging away and keep thinking about how to increase your income. You will be fine.

[bryanc]

for my nisa i have a lot in emaxis slim S+P and also all country... presuming it makes no sense to change from the S+P at this stage?
also my wifes and my old isas are maturing 2026-bit more worried about this-but presume nothing can be done at this stage?!

[Hanimal]

for my nisa i have a lot in emaxis slim S+P and also all country... presuming it makes no sense to change from the S+P at this stage?
also my wifes and my old isas are maturing 2026-bit more worried about this-but presume nothing can be done at this stage?!

Seems like you were beguiled by the Boogleheads. According to such people on YouTube and the like you are ‘guaranteed a 9% annual return’ and don’t need to worry about a weakening dollar…..

That said, as long as you aren’t one the extreme Boogleheads who puts every yen in the S and P you should be OK. The All-country fund is obviously less risky than the S and P 500 alternative.

Now valuations are becoming reasonable again I feel more inclined invest in global funds. I’m not sure why anyone thought buying the S and P at 160 yen to the dollar with historically high stock valuations was a good idea.

[zeroshiki]

What an odd comment and a weird way of writing S&P. If you can't invest in global equity what do you invest in? Gold? Are you about to promote crypto on this forum?

[adamu]

Seems like you were beguiled by the Boogleheads. According to such people on YouTube and the like you are ‘guaranteed a 9% annual return’ and don’t need to worry about a weakening dollar…..

That said, as long as you aren’t one the extreme Boogleheads who puts every yen in the S and P you should be OK. The All-country fund is obviously less risky than the S and P 500 alternative.

I think you're building up a bit of a straw man for the Bogleheads there. They don't say any of those things.

https://www.bogleheads.org/wiki/Boglehe ... philosophy

A Bogleheads investor will
• save a lot,
• select an asset allocation containing both stock and bond asset classes,
• buy low cost, widely diversified funds,
• allocate funds tax-efficiently,
• and stick closely to a plan.

[Hanimal]

What an odd comment and a weird way of writing S&P. If you can't invest in global equity what do you invest in? Gold? Are you about to promote crypto on this forum?

Sorry. I am on my phone so it is easier to write like that.

[Hanimal]

Seems like you were beguiled by the Boogleheads. According to such people on YouTube and the like you are ‘guaranteed a 9% annual return’ and don’t need to worry about a weakening dollar…..

That said, as long as you aren’t one the extreme Boogleheads who puts every yen in the S and P you should be OK. The All-country fund is obviously less risky than the S and P 500 alternative.

I think you're building up a bit of a straw man for the Bogleheads there. They don't say any of those things.

https://www.bogleheads.org/wiki/Boglehe ... philosophy

A Bogleheads investor will
• save a lot,
• select an asset allocation containing both stock and bond asset classes,
• buy low cost, widely diversified funds,
• allocate funds tax-efficiently,
• and stick closely to a plan.

I am just repeating what I have often heard and read on things like Reddit JapanFinance. I'm sure you have a more balanced perspective but it doesn't mean it isn't trotted out by folks who claim to be Boogleheads.