Page 40 of 40
Re: Simple Q&A - NISA
Posted: Fri Dec 29, 2023 12:31 am
by putafeche
adamu wrote: ↑Sat Dec 23, 2023 7:20 am
putafeche wrote: ↑Sat Dec 23, 2023 6:06 am
1-3 million hiding under our mattress
I guess it depends on the performance of the mattress.
Gotta love traditional investing.
Re: Simple Q&A - NISA
Posted: Fri Dec 29, 2023 12:06 pm
by Bubblegun
putafeche wrote: ↑Sat Dec 23, 2023 6:06 am
1-3 million hiding under our mattress
Sometimes the old ways are the best. I expect with actually having to "PAY" to put coins into the banks and post office this is probably the best way. I've got bottles filled with coins, that have just sat there for years and years.I come home and empty my pockets into them. It's probably becoming a liability now.
Ironically it seems in these tough times, even people in the UK are switching back to cash and away from pay apps/cards. Seeing it leave your hands can be psychologically painful, and yet a powerful way to save.
Re: Simple Q&A - NISA
Posted: Fri Dec 29, 2023 11:23 pm
by KCLenny
Bubblegun wrote: ↑Fri Dec 29, 2023 12:06 pm
putafeche wrote: ↑Sat Dec 23, 2023 6:06 am
1-3 million hiding under our mattress
Sometimes the old ways are the best. I expect with actually having to "PAY" to put coins into the banks and post office this is probably the best way. I've got bottles filled with coins, that have just sat there for years and years.I come home and empty my pockets into them. It's probably becoming a liability now.
Ironically it seems in these tough times, even people in the UK are switching back to cash and away from pay apps/cards. Seeing it leave your hands can be psychologically painful, and yet a powerful way to save.
While that’s true, isn’t that how millions of yen was lost forever during the tsunami?
Obviously if you live in an area with minimal natural disaster risk, go for it. But in Japan, anything could happen at any time. I would worry about stashing massive amounts of cash anywhere for prolonged periods of time.
I keep a jam jar of 1 yen coins, and a tin of a few stray man notes just for cash emergencies (as usually pay everything on card or emoney systems). But that’s all.
Re: Simple Q&A - NISA
Posted: Fri Dec 29, 2023 11:54 pm
by RetireJapan
KCLenny wrote: ↑Fri Dec 29, 2023 11:23 pm a tin of a few stray man notes just for cash emergencies
Keep some thousands in there too. After 3-11, while the power was out, it was cash only and hard to get change
Re: Simple Q&A - NISA
Posted: Sat Dec 30, 2023 5:52 am
by KCLenny
RetireJapan wrote: ↑Fri Dec 29, 2023 11:54 pm
KCLenny wrote: ↑Fri Dec 29, 2023 11:23 pm a tin of a few stray man notes just for cash emergencies
Keep some thousands in there too. After 3-11, while the power was out, it was cash only and hard to get change
That’s true. I do actually have a few as of this month so covered there.
Re: Simple Q&A - NISA
Posted: Mon Jan 01, 2024 3:43 pm
by adamu
KCLenny wrote: ↑Sat Dec 30, 2023 5:52 am
RetireJapan wrote: ↑Fri Dec 29, 2023 11:54 pm
KCLenny wrote: ↑Fri Dec 29, 2023 11:23 pm a tin of a few stray man notes just for cash emergencies
Keep some thousands in there too. After 3-11, while the power was out, it was cash only and hard to get change
That’s true. I do actually have a few as of this month so covered there.
You might want to get the new ones in July
https://www.npb.go.jp/en/news/20220114_ ... index.html
Re: Simple Q&A - NISA
Posted: Tue Jan 02, 2024 12:46 am
by KCLenny
Will do.
RetireJapan wrote: ↑Fri Dec 29, 2023 11:54 pm
Keep some thousands in there too. After 3-11, while the power was out, it was cash only and hard to get change
Weird coincidence given the ishikawa earthquake yesterday. Felt it here in Kyoto. Longest earthquake I’ve felt!
