Japan market - time to take some gains?

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beanhead
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Japan market - time to take some gains?

Post by beanhead »

I have a few Japanese dividend stocks.
The usual suspects, I guess.

I will need some money in 1-2 years so I am thinking about taking some gains. Many of these stocks are up 60 to 100% since I bought them just a couple of years ago.
Anyone else considering consolidating gains from individual Japanese stocks?
(Most of my portfolio is in index funds.)
Aiming to retire at 60 and live for a while longer. 95% index funds (eMaxis Slim etc), 5% Japanese dividend stocks.
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RetireJapan
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Re: Japan market - time to take some gains?

Post by RetireJapan »

Sold my only individual Japanese stock last month for a capital gain. Then was pleasantly surprised to get the dividend (33,000 yen) today :)
English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
TokyoBoglehead
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Re: Japan market - time to take some gains?

Post by TokyoBoglehead »

beanhead wrote: Thu Jun 22, 2023 8:58 am I have a few Japanese dividend stocks.
The usual suspects, I guess.

I will need some money in 1-2 years so I am thinking about taking some gains. Many of these stocks are up 60 to 100% since I bought them just a couple of years ago.
Anyone else considering consolidating gains from individual Japanese stocks?
(Most of my portfolio is in index funds.)
What was your investment strategy/plan when you bought them?

Why are you now changing your strategy?
beanhead
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Re: Japan market - time to take some gains?

Post by beanhead »

TokyoBoglehead wrote: Thu Jun 22, 2023 10:20 am
What was your investment strategy/plan when you bought them?

Why are you now changing your strategy?
It was an attempt to show how clever I am by beating the market.
Highly successful, so far... :o

Seriously, they are all dividend stocks. Plan was to generate a bit of income from these dividends and see how I felt about getting this extra income (mostly taxed).
'Strategy', for what it was, may change because of the huge gains these stocks have made.
I will need some money for uni fees so taking from the MUFJ gains, for example, seems sensible as I probably got lucky with my purchase timing.
Aiming to retire at 60 and live for a while longer. 95% index funds (eMaxis Slim etc), 5% Japanese dividend stocks.
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