Strategy for the 2025 NISA

[adamu]

Which makes it *checks calendar* 19 December by my calculations, accounting for the fund not trading on 24 and 25 Dec. But don't quote me on that.

Might be the 23rd. Not sure how those fund holidays work. This page says 23rd (not sure what SBI Neotrade is though)
https://www.sbineotrade.jp/info/schedule-2024-2025.html

[banders]

Thanks adamu. Didn't realize so early. Might as well sell today and be done with it. By the earliest time we can buy, I was referring to an actual date rather than a plan. For example, can we order All Country on the 28th of December or do we have to wait until January 1st before we can push the button?

[adamu]

I guess you can order it on 24 December. I'm sure it'll refuse to allow you to select NISA if that's too early.

*and here is where we keep the footguns sir, which one would be to your liking?*

[Tsumitate Wrestler]

I sold most of my taxable holding that will fund my NISA last week, as I was worried about the volatility around the FED and BOJ meetings this week. I setup the NISA buys to be executed in late December, for January.

We will see if sacrificing a week or two out of the market was wise. So far so good.

{Micro market timing I suppose?}

[banders]

I was able to buy in 2025 NISA today (24th). Contract date 25th, delivery date Jan 6th.

[beanhead]

I was able to buy in 2025 NISA today (24th). Contract date 25th, delivery date Jan 6th.

Saw on Rakuten that my NISA quota is now empty. So I guess orders for 2025 can be made there (not sure if you are with Rakuten or not).

[banders]

I'm with SBI. I wrote my previous comment after buying All Country. However, it wouldn't let me rebuy my Apple stock. That I could do today (25th).

[beanhead]

I'm with SBI. I wrote my previous comment after buying All Country. However, it wouldn't let me rebuy my Apple stock. That I could do today (25th).

Slightly off-topic, I guess, but you are still confident enough in Apple's future performance to buy again at current prices?
I know from your previous posts that you have done well from them up until now.
I thought cashing out now due to now rollovers from old NISA to new NISA may be a blessing in disguise?

[banders]

I'm with SBI. I wrote my previous comment after buying All Country. However, it wouldn't let me rebuy my Apple stock. That I could do today (25th).

Slightly off-topic, I guess, but you are still confident enough in Apple's future performance to buy again at current prices?
I know from your previous posts that you have done well from them up until now.
I thought cashing out now due to now rollovers from old NISA to new NISA may be a blessing in disguise?

You mean instead of letting them move to taxable? I'm not buying any new stocks, and once these go back into NISA, I'll still have the tsumitate part for new investments. I hope to retire in 7 years, so will start reselling before I reach the lifetime allowance; especially since these stocks are distributed between my wife's and my own NISA. And since my aim is to make things simple, I don't see any disadvantage in putting them back into NISA if I'm not going to run out of allowance.

[adamu]

I don't see any disadvantage in putting them back into NISA

You will pay US taxes on the dividends, which can't be offset via the foreign tax deduction.

If you're not going to fill your allowance though, that's probably still better than claiming back the US taxes, but paying Japanese taxes instead.