RetireJapan

eyeswideshut wrote: ↑Fri Feb 05, 2021 1:00 pm I just did a filter by dividend yields and, no joke, there are some big tickers that are paying some pretty hefty dividends. Like Japan Post at 5.87%. JT pays almost 8%. It almost seems too good to be true so I wonder what the catch is. But it is not like JT or JP would go bankrupt as they are practically government entities. need to do more research on this.

captainspoke wrote: ↑Fri Feb 05, 2021 5:47 am Right now I'm about 15% stocks, 78% ETFs/CEFs, and 7% cash.

My stocks are my sandbox, generally bought as dividend payers rather than as 'trades' for gains. But I'm also not married to those, so I'll trade them when I find reason to. As dividend payers, these probably tend toward the 'value' side of things, and a couple REITs are in this group, too.

(I keep repeating to myself that) the majority of the ETFs are long term holds, with a reasonably strong growth/tech bias. Small caps have had a good few months now, and I've noticed that I'm underweight there. One of the longest held is QQQ, peripheral additions last year were OGIG and SMH, and then ARKF just last month. I don't feel comfortable betting on individual stocks, but due to overlap I have quite a lot of the FAANG stocks. The number of stocks a fund holds is something I eyeball when deciding--sometimes I sell myself on breadth, other times I like something narrower (30-50 names).

With the big rally last night, 1yr is up 14%, 2yr is 25%.

RetireJapan wrote: ↑Fri Feb 05, 2021 2:14 pm

eyeswideshut wrote: ↑Fri Feb 05, 2021 1:00 pm I just did a filter by dividend yields and, no joke, there are some big tickers that are paying some pretty hefty dividends. Like Japan Post at 5.87%. JT pays almost 8%. It almost seems too good to be true so I wonder what the catch is. But it is not like JT or JP would go bankrupt as they are practically government entities. need to do more research on this.

I think the catch is that you need Japanese language skills to research them, and a lot of people have written Japan off. But I am hedging my bets by also buying US dividend payers.

Ax6isB wrote: ↑Fri Feb 05, 2021 11:42 pm Agree regarding the language. I have yet to find a good English language site that provides good details on JP companies. I think the market here is quite positive with the BOJ’s interventions propping things up. Say what you will about the BOJ’s actions, the facts are the facts, and I’m kicking myself for not figuring our how to get money into this market a few years back.

fools_gold wrote: ↑Sat Feb 06, 2021 1:38 am

Ax6isB wrote: ↑Fri Feb 05, 2021 11:42 pm Agree regarding the language. I have yet to find a good English language site that provides good details on JP companies. I think the market here is quite positive with the BOJ’s interventions propping things up. Say what you will about the BOJ’s actions, the facts are the facts, and I’m kicking myself for not figuring our how to get money into this market a few years back.

There's not much English language info out there, but here's a blog on Japanese value investing. It's not updated that often, but it has some good ideas on researching companies.

I've lost interest in single stocks a bit recently as I don't have much time. Still, I've got about 10% in single stocks, mostly US value stocks and some Apple.

Ax6isB wrote: ↑Fri Feb 05, 2021 11:36 pm

captainspoke wrote: ↑Fri Feb 05, 2021 5:47 am...Small caps have had a good few months now, and I've noticed that I'm underweight there. ...

IJS is a nice small cap ETF. It’s on a nice run. ...

RetireJapan wrote: ↑Fri Feb 05, 2021 9:49 am
I do like dividends though so will keep buying US and Japanese dividend payers as my side portfolio. Hoping to get up to 1m a year to supplement our pensions

Yossarian wrote: ↑Sun Feb 07, 2021 2:11 am That's some nice passive income - I'm going to look in to that in more detail.

RetireJapan wrote: ↑Sun Feb 07, 2021 4:11 am
It's not rocket science: at a 4% yield, you'd need 25m in dividend payers to generate 1m, more like 30m to generate 1m net of taxes.

But that's not too unrealistic over the 2-3 decades I have before retirement

There's not much English language info out there, but here's a blog on Japanese value investing. It's not updated that often, but it has some good ideas on researching companies.

I've lost interest in single stocks a bit recently as I don't have much time. Still, I've got about 10% in single stocks, mostly US value stocks and some Apple.