Search results

@armageddun same

@norburn The Amazon SMBC is easy to apply for and said to have high foreigner application approval rate. You can easily link it to your JP or Shinsei account. Next best are Rakuten and AEON. Amazon also doesn't ask since when you are here, I think Rakuten took that into consideration. If you...

@william3 There were two EV car threads on r/japanlife in the last three months and Tesla was described as an especially disadvantageous asset to have in Japan compared to other countries. Luxury foreign brand compared to many other, cheaper EV offers.

@pam5 The currency doesn't matter nor the value of a single share of a particular fund. There are even similar index ETFs (tracking the same index such as S&P500 or Topix) with different denomination, then the better one would be the one with lower cost. What matters is the performance and...

@preciousklay Yes, currency hedge costs more and adds up to the fund's TER while it only makes sense for shorter periods if at all. Currency fluctuations cancel out in the long run, in a nutshell weaker yen lets you buy more shares while stronger yen makes imported goods cheaper and look at the...

@pam5 Look for the fund's 目的・特色 pdf and search for 為替ヘッジ (currency hedging/forex hedge) to understand the asset classes within the fund and their exposition to currency rates. General consensus is that for long-term passive investors, currency risk is minimal to non-existent. Retiring here...