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Re: 2023 Update? Net Worth Poll
Posted: Thu Aug 10, 2023 7:06 am
by beanhead
Roger Van Zant wrote: ↑Thu Aug 10, 2023 2:36 am
However, it's all purely academic, right? Since I am only earning and spending yen?
Kind of.
You should be prepared for the value to fall by this 20%, because it is not real growth of your funds. It is probably not sustainable. That's all.
Keep saving and investing what you can in yen. You can't control FX, so there is certainly no reason to worry about it.
Re: 2023 Update? Net Worth Poll
Posted: Thu Aug 10, 2023 7:12 am
by Roger Van Zant
beanhead wrote: ↑Thu Aug 10, 2023 7:06 am
Roger Van Zant wrote: ↑Thu Aug 10, 2023 2:36 am
However, it's all purely academic, right? Since I am only earning and spending yen?
Kind of.
You should be prepared for the value to fall by this 20%, because it is not real growth of your funds. It is probably not sustainable. That's all.
Keep saving and investing what you can in yen. You can't control FX, so there is certainly no reason to worry about it.
It hadn't even occurred to me to work out the value of my investments in dollars until I read this thread, simply because it has 0% bearing on my life (I earn, spend, and invest only in yen).
Re: 2023 Update? Net Worth Poll
Posted: Thu Aug 10, 2023 8:22 am
by RetireJapan
Roger Van Zant wrote: ↑Thu Aug 10, 2023 12:11 am
Also, since you live in Japan, why is your net worth in USD useful to you?
It just provides some perspective. I now have three numbers I can look at over time, which might be better than just one number
