Rookie wanting to invest

[RetireJapan]

Rakuten is rejecting me saying that I can invest 33,333 yen a month only so if I do a monthly rolling payment then that sums up to 66,666 yen till end of this year. Which means, I will be missing out on 333,334 yen. Is that true or there is something I am messing up with the purchase order?

The maximum monthly installment is 33,333 (x12 = about 400,000). However, you should be able to do an end of year top up for any unused allowance. I don't personally use tsumitate yet, but I have seen several people mention this.

[Kanto]

Rakuten is rejecting me saying that I can invest 33,333 yen a month only so if I do a monthly rolling payment then that sums up to 66,666 yen till end of this year. Which means, I will be missing out on 333,334 yen. Is that true or there is something I am messing up with the purchase order?

The maximum monthly installment is 33,333 (x12 = about 400,000). However, you should be able to do an end of year top up for any unused allowance. I don't personally use tsumitate yet, but I have seen several people mention this.

I can confirm, you can invest more than 33,333 a month if you have unused NISA credit.

I am also with Rakuten, see attached.

[adamu]

The answer seems to be mathematically it makes sense to invest it all at once, but psychologically many people find it easier (and less chance of regret) to put it in gradually.

Personally, I would probably split a lump sum into at least 2-3 installments.

Statistically, the odds are in your favour to do it all at once. But there are many factors and it's a close call. Even if you pick the statistically best option, it could still not work out the best choice for your specific situation. So going what you feel comfortable with is the best option.

[FIRE-Rookie]

The maximum monthly installment is 33,333 (x12 = about 400,000). However, you should be able to do an end of year top up for any unused allowance. I don't personally use tsumitate yet, but I have seen several people mention this.

I can confirm, you can invest more than 33,333 a month if you have unused NISA credit.

I am also with Rakuten, see attached.

NISA.jpg

Thank you both so much!

I played around so here is the deal:
- Monthly rolling payment are capped at 33,333 yen so that is why I couldn't increase it from that section.
- There is a monthly "increasing payment" area which I added for 100,000 yen.

So since I missed my purchase order for today so tomorrow will be the first transaction
(33,333 * 3) + (100,000 * 3) = 399,999 yen

Overall, my investments for this year will be 1 yen lower than the limit but hey, life is good! Will adjust it from Jan-2021 to start pulling 33,333 yen regularly