Anyway, just venting


Red is a Lucky Color in Asia - All the Red Temples and Shrines...CluelessToshika wrote: ↑Thu Mar 14, 2024 2:18 am ...dunno why SBI show losses as blue and gains as red
The beauty of Dollar (Yen) Cost Averaging is that as the price goes down, the units you already own go down in value ;-(CluelessToshika wrote: ↑Thu Mar 14, 2024 2:18 am After taking the plunge with this whole investing malarkey a couple of weeks back, I've been logging in every day to see how things are going (yes I know I should be doing "fire and forget", but being new to all this, I want to get a sense of what's going on) and after some encouraging initial gains on the "portfolio" (mostly eMaxis S&P and world) it was all in the red (or blue, dunno why SBI show losses as blue and gains as red), today it's just about back into positive territory. I'm well aware that this is a long game, but I can see how people get cold feet with this stuff.
Anyway, just venting, it's great that I've actually got to this point, my thanks to Ben/RetireJapan and everyone else contributing to the community
.
Thanks, learn something new every day. I mean, I'm sure I must have the colour usage in the context of Japanese financial markets but never actively registered it, until the numbers in question were my own.Tkydon wrote: ↑Thu Mar 14, 2024 5:10 amRed is a Lucky Color in Asia - All the Red Temples and Shrines...CluelessToshika wrote: ↑Thu Mar 14, 2024 2:18 am ...dunno why SBI show losses as blue and gains as red
If you ask 'Copy Lot'...
why does Japan show gains in red and losses in green/blue?
Copilot
In Japan, the convention of using red for gains and green or blue for losses is different from the standard color scheme used in some other countries. Let’s explore why:
Cultural Influence:
Traditionally, in Japanese culture, red is associated with positive aspects, such as prosperity, good fortune, and celebration.
Conversely, green and blue are often linked to negative aspects, like sickness or death.
This cultural context influences the choice of colors in various contexts, including financial charts and stock market displays.
Historical Factors:
Japan has a long history of using red ink for financial records.
In the past, merchants and traders would record profits and gains in red ink, symbolizing success.
On the other hand, losses were recorded in black ink, signifying caution and the need for improvement.
Over time, this practice extended to modern financial reporting and stock market displays.
Stock Market Tradition:
Japanese stock market charts and financial news outlets continue to follow this tradition.
When displaying stock prices, rising prices (gains) are typically shown in red, while falling prices (losses) are displayed in green or blue.
This color scheme is consistent across various financial platforms and publications in Japan.
Contrast and Visibility:
Using contrasting colors (like red and green/blue) makes it easier for investors and traders to quickly identify positive and negative movements.
The distinct colors help draw attention to changes in stock prices, aiding decision-making.
In summary, the use of red for gains and green/blue for losses in Japan is deeply rooted in cultural and historical factors, and it remains a consistent practice in financial reporting and stock market visuals.
(...)
Aha, thanks, that is an interesting way of looking at it, I seem to have missed that on my crash flail through this stuff.Tkydon wrote: ↑Thu Mar 14, 2024 5:27 amThe beauty of Dollar (Yen) Cost Averaging is that as the price goes down, the units you already own go down in value ;-(CluelessToshika wrote: ↑Thu Mar 14, 2024 2:18 am After taking the plunge with this whole investing malarkey a couple of weeks back, I've been logging in every day to see how things are going (yes I know I should be doing "fire and forget", but being new to all this, I want to get a sense of what's going on) and after some encouraging initial gains on the "portfolio" (mostly eMaxis S&P and world) it was all in the red (or blue, dunno why SBI show losses as blue and gains as red), today it's just about back into positive territory. I'm well aware that this is a long game, but I can see how people get cold feet with this stuff.
Anyway, just venting, it's great that I've actually got to this point, my thanks to Ben/RetireJapan and everyone else contributing to the community
.
but for the same monthly contribution, you buy more Units at a lower Unit Price, bringing down the Average Price of all the Units you own
For a regular contribution of Y10,000
@ Price 1,000, you buy 10 Units
@ Price 1,100, you only buy 9 Units
@ Price 1,000, you buy 10 Units
@ Price 900, you buy 11 Units
@ Price 1,000, you buy 10 Units
@ Price 900, you buy 11 Units
@ Price 800, you buy 12.5 Units
@ Price 900, you buy 11 Units
@ Price 800, you buy 12.5 Units
@ Price 700, you buy 14.25 Units
@ Price 600, you buy 16.5 Units
@ Price 700, you buy 14.25 Units
So, you now own 142 Units for which you paid Y120,000, for an average price per unit of only Y845
and the more you buy at lower prices, the lower your average price will become...