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Buying mutual funds on Monex- beginner question
Posted: Fri Nov 01, 2024 2:03 am
by Yagilj
Hello
I finally bought EMaxi Slim all country in my NISA after a few weeks of trying to figure everything out. I noticed there is an order date, contract date, and delivery date. Which date determines the price I actually pay?
Thank you for your kindness in advance
Re: Buying mutual funds on Monex- beginner question
Posted: Fri Nov 01, 2024 10:22 am
by sutebayashi
Sounds like you are looking for the contract date, or 約定日.
With toshin transactions, it’s usually the day after you have submitted your order by 3pm or whatever the deadline is, that the actual price is fixed. If you are just buying as much as 10,000 yen can buy, it’s not often a big concern.
Re: Buying mutual funds on Monex- beginner question
Posted: Fri Nov 01, 2024 2:23 pm
by Yagilj
Thanks for replying that helps a lot
Re: Buying mutual funds on Monex- beginner question
Posted: Sat Nov 02, 2024 3:44 am
by beanhead
And just to add, you cannot control the purchase price for funds here. In 5 or 10 years time, it will not really matter.
So don't worry too much about it, just buy when you can and be patient.
Many of us on this forum do regular investments each month, via iDeCo or tsumitate NISA payments. We just set up a regular order for 50,000 or whatever a month and buy whatever we can buy. I never look at the purchase price. Can't control it, so why even look at it?
When you have purchased the same fund a few times, you get shown your average purchase price as well, which means it is even more irrelevant to look at each transaction.