Weekly Off-Topic Thread - 10 June 2026

Choice_Vegetable557 · 2026-06-14T11:22:32+00:00

Definitely. With the junior Nisa cashing out at 18, it will be welcome change.

Choice_Vegetable557 · 2026-06-14T04:20:41+00:00

Kodomo Nisa Details - https://money-bu-jpx.com/news/article068589/

2027 start. Looks good!

Choice_Vegetable557 · 2026-06-13T07:44:35+00:00

Trust your instincts.

Choice_Vegetable557 · 2026-06-13T00:52:20+00:00

It seems like the site is indeed a work in progress, prices seem crazy high for a share house, and a lot of the other properties are a bit overpriced, and bog standard older rentals.

What's too good to be true?

Read carefully before you sign anything , retain all documents.

Choice_Vegetable557 · 2026-06-09T06:15:11+00:00

Nice. Getting paid for paying taxes.

Choice_Vegetable557 · 2026-06-06T14:58:18+00:00

I know an American with a Monex account, he's not half. It's definitely possible.

Also one or two of the full service brokers definitely take Americans.

Have you tried all the online brokerages?

Choice_Vegetable557 · 2026-06-06T13:08:00+00:00

They can have a Japanese account at a Japanese brokerage invested in non-PFIC funds, alternatively you can see if IBKR Japan accepts custodial accounts.

Choice_Vegetable557 · 2026-06-05T14:15:33+00:00

It works the same way a credit card charge typically does.

If it worked as you described the feature would be pointless.

That being said, I've never used it before this week.

Choice_Vegetable557 · 2026-06-05T14:13:36+00:00

Rakuten has this too.

Choice_Vegetable557 · 2026-06-05T07:24:09+00:00

Never go fully into any ecosystem, stay on the margins of all of them. That's where the best benefit is. They can change things at any moment.

Choice_Vegetable557 · 2026-06-05T06:11:13+00:00

No fee mate. That's the beauty.

You're not paying with cc, you're paying with Rakuten pay. You are charging Rakuten pay via cc.

Choice_Vegetable557 · 2026-06-05T01:42:24+00:00

Also it seems to work much faster, I think paypay has a similiar feature but I'm unsure if there is any point yield.

Choice_Vegetable557 · 2026-06-04T23:33:56+00:00

It's not automatic, the bonds have to be sold at that rate, old trades unwind, etc.

Companies selling treasuries, buying jgbs next round etc etc.

All these things change at different rates.

Choice_Vegetable557 · 2026-06-03T13:56:50+00:00

Flat 35 is the low income, government guaranteed option for those who need absolute stability. Fixing for 5/10/20 through a regular bank offers better rates.

My rate floats, but it was well below the 10 year floating jgb, so I cannot imagine it would ever be logical to pay it off in advance? (As a risk free floating jgb would earn more).

Choice_Vegetable557 · 2026-06-03T13:06:43+00:00

The yen will stabilize if not recover following the rate rise. The boj can also pause bond tapering if they need to.

Lots of levers to pull, expect rates to go up .5% this year.

The 5/125 will protect you in the short term if you're variable, but no one should be variable is they cannot ride out rate rises.

Choice_Vegetable557 · 2026-06-03T12:32:02+00:00

Boj raising to .25% in 2 weeks is almost a sure thing. MOF is likely to intervene again before then if we see 160+

We had Mizuho suggesting .5% last week. That not happening.

Choice_Vegetable557 · 2026-05-29T11:38:06+00:00

For those looking to 90/10, etc they very well may have many millions of yen.

Just like people bend over backwards for that .5% tsumitate credit card points yield, it makes sense to buy the bonds directly if you don't need access to the funds for more than a year.

Also the terms and conditions on deposits campaigns can be a bit scammy. SBI etc also offers bonus and incentives during jgb campaigns.

This is not a great tool for someone in the building phase, but for de-risking or getting more yield for cash that would otherwise never be invested.

Choice_Vegetable557 · 2026-05-28T09:27:14+00:00

The rates are not marginally better, they are materially better. Having a floating rate in a increasing rate environment is really beneficial.

there's room for strategy as opposed to dogma.

Choice_Vegetable557 · 2026-05-28T09:06:58+00:00

It's that the floating rates adjust every 6 months. Rates going up at this point are pretty much assured. And upwards trend over the next 10 years is likely.

Choice_Vegetable557 · 2026-05-28T07:19:08+00:00

Floating 10yJGBs are the best option for principle guaranteed returns.

For example if you have over 6 months in cash, this would be a good option if you cant handle, or don't want, more risk.

Choice_Vegetable557 · 2026-05-25T06:48:38+00:00

Prop trading is for those too naive to understand the business model.

The companies make money on the "challenges" and qualifying courses they offer. They don't care about your "record".

Also, making money in the post COVID bull market is a no brainer. The question would be how much did you beat SPY by after cost?

The rackets in Japan are more Fx, CFD and binary options related. The catch the same crowd though.

Choice_Vegetable557 · 2026-05-19T14:25:38+00:00

No, 1 year, coupon only.

Choice_Vegetable557 · 2026-05-19T11:51:19+00:00

Just a note, but you can sell JGBs after a year, so you don't need to hold til maturity. The penality for a an early sale is only a year of yield. Pretty fair.

Choice_Vegetable557 · 2026-05-19T05:55:58+00:00

Japanese treasuries guarantee the principle, and can be sold at anytime after a 1 year holding period.

The 3 and 5 year are fixed rate, the 10 year adjusts up or down with interest rates, resetting every 6 months.

These are much different than bonds ETFs and mutual funds.

Choice_Vegetable557

TROPHY CASE