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Re: Absolute beginner question RE Nissay DC fund allocation
Posted: Fri Nov 10, 2023 6:04 am
by goran
Tsumitate Wrestler wrote: ↑Fri Nov 10, 2023 5:08 am
I would recommend not trying to outperform a global index. Bonds are also not necessarily a "safe and neutral" choice for yen-based investors due to currency risk.
I would suggest a portfolio heavily biased toward developing country stocks.
Developing country = emerging country, correct?
I am fairly new to investment. One of the reasons, for my allocation choices of DC was also psychological. What I mean is I was hesitant to hold similar/same asset in NISA amd DC. (and when trying to not doing this, I may have exposed myself to higher risk)
Re: Absolute beginner question RE Nissay DC fund allocation
Posted: Fri Nov 10, 2023 6:23 am
by Tsumitate Wrestler
goran wrote: ↑Fri Nov 10, 2023 6:04 am
Tsumitate Wrestler wrote: ↑Fri Nov 10, 2023 5:08 am
I would recommend not trying to outperform a global index. Bonds are also not necessarily a "safe and neutral" choice for yen-based investors due to currency risk.
I would suggest a portfolio heavily biased toward developing country stocks.
Developing country = emerging country, correct?
I am fairly new to investment. One of the reasons, for my allocation choices of DC was also psychological. What I mean is I was hesitant to hold similar/same asset in NISA amd DC. (and when trying to not doing this, I may have exposed myself to higher risk)
Embarrassing typo.
I would suggest a portfolio heavily biased toward developed country stocks.
Re: Absolute beginner question RE Nissay DC fund allocation
Posted: Mon Nov 13, 2023 10:44 pm
by david
Thanks everyone for their advice! I am sure I will have follow up questions but I will look into re allocating my DC pension
Re: Absolute beginner question RE Nissay DC fund allocation
Posted: Tue Nov 14, 2023 3:45 am
by beanhead
goran wrote: ↑Fri Nov 10, 2023 4:51 am
Thank you for pointing it out.
I wanted something closer to all country, at first. But then around the time I did this allocation, I got into a rabbit hole of how the coming decades will see the world economy moving towards South East Asia with its booming young economy and skimmed through them. And I was like "hmmm.. I won't need (have access) to this money until 30 years from now and my NISA is filled with all country, so why not?"
I did something similar with my iDeCo at first. Now I switched it to a fairly simple 10% developing, 90% developed. Sometimes we over-think things.