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Re: Simple Q&A - NISA
Posted: Wed May 17, 2023 12:05 am
by northSaver
RetireJapan wrote: ↑Tue May 16, 2023 8:47 am
Nope. You can only change types mid-year if you haven't used it at all yet.
You'll have to wait for the New NISA (7.2m yen a year for the two of you).
Thanks Ben. I'm also considering a solar installation. Probably a worse investment than NISA though
Re: Simple Q&A - NISA
Posted: Wed May 17, 2023 12:20 am
by adamu
JohKun wrote: ↑Tue May 16, 2023 2:33 pm
For all other funds
What dividend paying funds did you buy? Most mutual funds reinvest internally as far as I know.
Re: Simple Q&A - NISA
Posted: Wed May 17, 2023 8:06 am
by RetireJapan
northSaver wrote: ↑Wed May 17, 2023 12:05 am
RetireJapan wrote: ↑Tue May 16, 2023 8:47 am
Nope. You can only change types mid-year if you haven't used it at all yet.
You'll have to wait for the New NISA (7.2m yen a year for the two of you).
Thanks Ben. I'm also considering a solar installation. Probably a worse investment than NISA though
Solar power has non-monetary benefits too though, like reducing your environmental impact and making yourself more resilient to power outages
We'll definitely be installing it when we move to a house.
Re: Simple Q&A - NISA
Posted: Thu Aug 10, 2023 10:50 am
by thejunman
I was wondering how I would go about selling bonds on Rakuten Securities?
Is it possible to sell the whole amount or can I only to sell in increments?
I'm a bit short on cash at the moment so I might have to sell some of my investments.
Re: Simple Q&A - NISA
Posted: Thu Aug 10, 2023 11:33 am
by RetireJapan
thejunman wrote: ↑Thu Aug 10, 2023 10:50 am
I was wondering how I would go about selling bonds on Rakuten Securities?
Is it possible to sell the whole amount or can I only to sell in increments?
I'm a bit short on cash at the moment so I might have to sell some of my investments.
Are you talking about individual bonds or a bond fund? Which ones?
Re: Simple Q&A - NISA
Posted: Thu Aug 10, 2023 11:48 am
by thejunman
RetireJapan wrote: ↑Thu Aug 10, 2023 11:33 am
thejunman wrote: ↑Thu Aug 10, 2023 10:50 am
I was wondering how I would go about selling bonds on Rakuten Securities?
Is it possible to sell the whole amount or can I only to sell in increments?
I'm a bit short on cash at the moment so I might have to sell some of my investments.
Are you talking about individual bonds or a bond fund? Which ones?
Bonds Funds.
Re: Simple Q&A - NISA
Posted: Thu Aug 10, 2023 11:51 am
by Tkydon
thejunman wrote: ↑Thu Aug 10, 2023 10:50 am
I was wondering how I would go about selling bonds on Rakuten Securities?
Is it possible to sell the whole amount or can I only to sell in increments?
I'm a bit short on cash at the moment so I might have to sell some of my investments.
It depends how you hold the bonds / funds. You should be able to sell as few or as many units / bonds as you like
And how you hold the bonds / funds will also determine whether you need to pay any tax on any gain, either at the time of sale, or in a Kakutei Shinkoku next March...
iDECO - you can't take the money out. You can only switch to other products.
NISA - you can take the money out completely Tax Free
Tokutei Account - you can take the money out and they will withhold the 20% tax on any gain from the proceeds
Regular Account - you can take the money out and you will have to report any gain in a Kakutei Shinkoku and pay any taxes in April 2024.
Re: Simple Q&A - NISA
Posted: Thu Aug 10, 2023 11:59 am
by thejunman
Tkydon wrote: ↑Thu Aug 10, 2023 11:51 am
thejunman wrote: ↑Thu Aug 10, 2023 10:50 am
I was wondering how I would go about selling bonds on Rakuten Securities?
Is it possible to sell the whole amount or can I only to sell in increments?
I'm a bit short on cash at the moment so I might have to sell some of my investments.
It depends how you hold the bonds / funds. You should be able to sell as few or as many units / bonds as you like
And how you hold the bonds / funds will also determine whether you need to pay any tax on any gain, either at the time of sale, or in a Kakutei Shinkoku next March...
iDECO - you can't take the money out. You can only switch to other products.
NISA - you can take the money out completely Tax Free
Tokutei Account - you can take the money out and they will withhold the 20% tax on any gain from the proceeds
Regular Account - you can take the money out and you will have to report any gain in a Kakutei Shinkoku and pay any taxes in April 2024.
It is a Bond Fund in a NISA account.
Re: Simple Q&A - NISA
Posted: Thu Aug 10, 2023 12:30 pm
by TokyoBoglehead
thejunman wrote: ↑Thu Aug 10, 2023 11:59 am
Tkydon wrote: ↑Thu Aug 10, 2023 11:51 am
thejunman wrote: ↑Thu Aug 10, 2023 10:50 am
I was wondering how I would go about selling bonds on Rakuten Securities?
Is it possible to sell the whole amount or can I only to sell in increments?
I'm a bit short on cash at the moment so I might have to sell some of my investments.
It depends how you hold the bonds / funds. You should be able to sell as few or as many units / bonds as you like
And how you hold the bonds / funds will also determine whether you need to pay any tax on any gain, either at the time of sale, or in a Kakutei Shinkoku next March...
iDECO - you can't take the money out. You can only switch to other products.
NISA - you can take the money out completely Tax Free
Tokutei Account - you can take the money out and they will withhold the 20% tax on any gain from the proceeds
Regular Account - you can take the money out and you will have to report any gain in a Kakutei Shinkoku and pay any taxes in April 2024.
It is a Bond Fund in a NISA account.
You can sell any amount from 100 yen -> on. However, with the Old Nisa, you will not get this space back. If you have taxable investments, I would sell those first.
Re: Simple Q&A - NISA
Posted: Mon Sep 04, 2023 2:34 am
by pfdsa
My wife finally decided to open a tsumitate NISA account this year!
Is the emaxis slim all country still the index fund most recommended in this forum?
Since I started my tsumitate NISA 2 years ago only checked it twice, so been away for a while from the forum...